Oil production has been getting more and more difficult for decades. That is because most of the oil fields are decades old and the remaining oil that can be extracted is harder to get at. This in turn reduces the ratio of input energy to extract energy. The new tech can certainly help this but for me personally, this is overshadowed by the damage of releasing more carbon into the atmosphere. In my view, let's invest in renewable energy tech rather than more hydrocarbons being extracted.
You are viewing a single comment's thread from: