Discovery of new oil supplies was at a 70-year low in 2015 — with just 2.7 billion barrels of new supplies discovered during the year, the lowest such figure since all the way back in 1947 — according to figures released by the Edinburgh-based consulting firm Wood Mackenzie. That 2.7 billion figure is only around [&hellip
New Oil Discoveries At 70-Year Low, Large Supply Constraints As Soon As 2025 was originally published on CleanTechnica.
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