How much harder will it be go get oil during the next decade since the easily accessible oil has already been extracted?



  1. 0 Votes

    It is getting more difficult to extract oil, but there has been technology developed to make it easier to get to the places that is hard to access. There have also been reserves left in places that we no longer drill, which provides a lot of business for companies who are just trying to go for that market. Some of the technology includes horizontal drills, fast drill process, and angle drilling. This has helped get to the places that are not easily acessable, but again as the reserves do get more and more depleted, it will become more difficult to get to the very bottom. We will just have to wait and see, if it becomes too difficult to get to, the price for oil will skyrocket, and we will ultimately have to pay.

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