Colombia remains one of most likely candidates to stop producing oil. Not because of environmental concerns or renewables energy taking over, the reason is much more prosaic – it would run out of crude. Thanks to an extensive appraising drive in the 1990s, Colombia’s proven crude reserves at some point totalled 3.
2 billion barrels, however the gradual wearing thin could not be stopped, even the relatively recent exodus of Venezuelan oil specialists postponed the moment of depletion but never really cancelled it. Colombia’s Mines…Can Fracking Save Colombia?
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