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World oil field discoveries lowest since 1947
Sunday, January 1, 2017 16:45
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By Ron Patterson
17 December 2016(Peak Oil Barrel) – Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. […]
Everybody knows that world oil discoveries are well below oil production since a long time ago and that remaining reserves should be decreasing.
Proved reserves increase by adding tar sands and extra-heavy reserves (Canada and Venezuela) in the 2000s, when they were in production since 1967 and 1979.
Oil Discoveries Lowest Since 1947
Jean Laherrere on Proven Reserves
Source: http://www.desdemonadespair.net/2017/01/world-oil-field-discoveries-lowest.html
