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Notes -
Thanks for the response.
While we are still finding new oil deposits, the discovery rate of the new oil depositst follows a downward trend. (the line has the same figure like a normal-distribution)
Some pieces that support this statement, See 1: The USGS forecast. See 2: "Ecology in Times of Scarcity" by John W Day and others. See 3: the article "The Growing gap" on planetforlive.com.
Also the new discoveries are very often in locations that are diffuclt to access. Think of very deep sea or antartica, et cetera. This ensures the Energy cost getting this oil will be high, so it is coupled with a high EROI. I cant not quickly find sources for this statement, appolagies.
All the best,
William
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