If it isn’t tapped here, it’s tapped there. If it isn’t one prosperous well, it’s another. As long as it’s available and plentiful, oil will always be the subject of man’s intense efforts to exploit it.
It’s been this way for well over a century, since the first commercial footings in crude oil production in the mid 19th century; there’s a certainty in the fact that oil will be drilled and in demand, even in the face of the ‘peak oil’ concept.
And yet, that same certitude in production across the globe continues to breed uncertainty in today’s oil markets.
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