Peak oil review - Jan 4 | Energy Bulletin


Jan 4th, 2010 | By lthota | Category: Uncategorized

The low prices hammered the drilling industry; from a high of 1600 rigs drilling for natural gas in the early fall of 2008, the gas rig count crashed by nearly 60% to a low of 665 in July 2009. …. Experts suspect that major offshore oil and gas deposits may rival those of Britain’s North Sea oil reserves.

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Peak oil review - Jan 4 | Energy Bulletin

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