Right now, there are enough parts of our infrastructure that depend on oil to function that finding source of oil is still important. At the same time, most of the ‘easy oil’ in the world has already been tapped, and finding new resources is often damaging to the environment wherever the drill site would be. So, yes, for now it’s still necessary, but that just means it’s even more important to work out alternative fuel sources, etc, so we don’t need to keep finding new sources of oil.
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