[RayChuang88]

The answer is simple: they finally figured out how to extract oil and natural gas from reserves that used to be too difficult to extract. Indeed, fracking and various forms of gas injection (CO2, nitrogen and pressurized steam) and fluid (special detergent fluids) injection have revived many supposedly "tapped out" oilfields. I think within the next few years, the Persian Gulf oil states will all implment these new oil/natural gas extraction techniques and we could see the world's supply of oil and natural zoom to unprecedented heights.

[crusty old prospector]

Except they have no fresh water to frac with. I have asked Dr. Fracenstein at my company why we can’t frac with salt water and I have never gotten back at answer. Maybe someone else can comment.