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But the whole story are the new extraction methods which make reserves inaccessible or uneconomical to extract before, accessible and economical. Yeah people n
by anovikov 7y ago
But the whole story are the new extraction methods which make reserves inaccessible or uneconomical to extract before, accessible and economical.
Yeah people need to get real: any and all hydrocarbons will be dug out at some point. Unless you want to make a pact to nuke the countries that do it beyond a certain level (which can double as a nice way to mitigate global warming at least for a while). For some nations such as Saudi Arabia, digging and selling hydrocarbons is the core and essence of their existence and is what separating them from bedouins/forest people living in the wild in total savagery. There is absolutely no way they could do something else for a living.
Developed nations could stop doing it. Europe for example, almost did (it has even more shale oil and gas than U.S. does and made a conscious decision to ban it's extraction), U.S. could do too if it wanted, but many poor countries just can't.
- heylook 7y agoThat's like saying that we all need to accept that any and all whales will be harvested for whale oil to keep our lamps burning