Petroleum’s end game part 2

Part one of this series is also available on this site.

Much of the global community still labors under the premise that our energy supply comes from fossil fuels almost exclusively and when we need more energy, we simply drill more holes in the earth. Unfortunately, though, “Drill baby drill,” doesn’t automatically mean “Find baby find.” As a matter of fact, we haven’t found new oil reserves anywhere on the planet since 2003. Today drillers are concentrating on extracting small deposits in tight rock formations in oil fields they already know about.