Below are the biggest conventional oil discoveries of 2018 grouped by the country they were found in. As you can see, these top 10 countries alone found more than 6 Billion of Barrels of Oil Equivalent.
Those that want to “keep it in the ground” are just not realizing that oil is a global commodity. As large as Canada and the US are at producing it, if we don’t others will. That means blocking pipeline like the Northern Gateway, Energy East, Trans Mountain and Keystone do not stop or even reduce the flow of oil. Blocking well managed, modern oil and gas infrastructure projects in Canada and the US simply push the production to places like Russia with horrific environmental records, produce more. This is not smart if you are an environmentalist. Listen to what the left wing NDP Government has to say about Canadian oil HERE.
What you should also notice is the absence of Canada in this list. As the country with the worlds 3rd largest proven reserves, it is not a good thing that Canada is not in this list. Canada has vast oil reserves in Alberta’s tar / oil sands and off the east coast.
Here are the raw numbers so you can play with them yourself. We have also linked each country to an interesting article about these discoveries.
|1||Guyana||Longtail, Ranger, Pacora, Hammerhead, Pluma||2130|
|2||Russia||North Obsyoye, Triton, West Messoyakha||1220|
|3||United States||Ballymore, Dover||750|
|5||Oman||Mabrouk North East||628|
|3||Mabrouk North East||Oman||628|