The article discusses advances in extraction technology that will enable increasingly efficient extraction of underground oil. Topics include in-depth analyses of the amount of oil estimated to be in underground reserves, the amount of Earth's remaining reserves, which are based on a bell-shaped trajectory known as the Hubbert curve, and the improvement of petroleum exploration equipment and tools. Also discussed is the geological formation of gas and oil reserves. INSETS: UNCHARTED LANDS (AND SEAS);THREE STAGES OF RECOVERY;Peak or No Peak?.
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