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Oil exploration is a young geological science and always improving daily.
Oil drilling has changed dramatically since the 1950s. The productivity increases are exponential.
Renewables have barely doubled in productivity since the 1980s.
Back in the 1990s, “dry” oil wells were discovered to have refilled.. Geologists started to understand that oil is still being produced by the Earth.
Shale oil is also relatively new. Extracting shale oil/gas is increasing in efficiency and productivity as well.
Hydrocarbons are reducing the need for surface mining. Renewables are increasing the need for surface mining.