Elfich: There are two factors in play: Peak oil theory and the cost benefit of exploiting different well types. As the price of oil has increased (ie the side effect of Peak Oil), companies are more willing to exploit fields that cost more to own and operate. Which says to me that the Peak Oil theory has not been disproven yet.
AverageAmericanGuy: As much as I'd love to see us find a new source of oil to tide us over during our transition to renewables, I don't want to see it done at the expense of pristine wilderness, especially so when the methods including fracking which irreparably damage the environment in ways that simple wells do not.
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