French Turn Their Backs on a Century of Oil


I doubt anyone wants drill rigs added to this view

❝ France’s ban on oil drilling could keep 5 billion barrels in the ground. For a country that already imports 99 percent of its oil, France’s decision to end all new oil development and phase out existing projects by 2040 may not seem all that meaningful. The Guardian called it a “largely symbolic gesture.”

But actually, as geoscientist Erik Klemetti noted, France is committing to keeping a massive oil reservoir in the ground. The Paris Basin, a region in northern France, may contain nearly as much underground petroleum as the huge Bakken Formation in North Dakota. Extracting that oil and gas would require extensive fracking.

Klemetti calculates that France could extract 100 years worth of oil for the country by fully exploring the Paris Basin

❝ Instead, France decided to say au revoir to oil and gas altogether.

More power to you. Sun power, wind power, tidal power…and continued good sense guiding the provision of power to your nation.

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