Think Oil is Going Away? The 10 Biggest Oil & Gas Discovery of 2018

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…

Are We Hitting Peak Oil… Again?

In the late 1990’s the term PEAK OIL was coined as a short form for the time when we reach the maximum amount of oil we can produce in a year.  It was often misconstrued as the end of oil but was simply when production levels start to decline. By the mid 2000’s Peak Oil had become a hot topic around the globe with both oil producers and environmentalists both promoting the idea.  Oil producers wanted peak oil because it…