Replies to post #14712 on The Rising Influence of Rising Affluence

[semi_infinite]

The methodology of counting only conventional oil discovery needs to be examine given the current state of shale oil production technology. And there are plenty of shale resources outside of the USA and Canada yet to be drilled or mined. Maybe Wall Street is trying to prime the pump for Aramco IPO.

[semi_infinite]

Good article in Bloomberg regarding the Norwegian sector of Barents Sea. Shallow calm waters with sizable prospects and no icebergs. https://www.bloomberg.com/news/features/2017-05-03/where-the-arctic-oil-industry-is-booming?