Oil extraction

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Oil extraction
   
Cheap traditional oil is becoming increasingly difficult to find both in the U.S. and globally. Last year, despite spending nearly $700 billion globally – up from $250 billion in 2005 – the oil industry found just 4 1⁄2 months’ worth of current oil production levels, a 50-year low!

“Clearly, the writing is on the wall.

Renew Economy