Doing a quick search on “new oil finds” makes me skeptical of this report.
Care to point to what you consider a “giant” oil field?
They are not claim no new fields, but the total amount of reserves added versus the amount consumed.
this same guy wrote a totally contradictory piece JUST SIX DAYS AGO!!!!
“Doing a quick search on “new oil finds” makes me skeptical of this report.”
Oil is almost everywhere if you’re willing to drill deep enough. This is a Peak Oil scare article. Here’s a report on why.
http://heartland.org/sites/all/modules/custom/heartland_migration/files/pdfs/7764.pdf
Exactly Several very large finds last year.