Peak Oil Delayed Again

Blog, Energy, Les Routledge

Recent large find in Argentina.

The company says it confirmed 927 million barrels of oil and gas in the Vaca Muerta basin of Argentina’s Neuquen province. Spokesman Kristian Rix tells the Associated Press that it’s enough oil to turn Argentina into an energy-exporting nation.

It must be tough being Chicken Little these days with shale gas, tight oil, Brazil, Norway and now Argentina all making big gains recently.