Important new approaches were tried and developed , allowing to proceed from plans solely to mine oil sands resources near surface to superior methods like SAGD , which made it financially economical and profitable from an investment standpoint to go after deeper deposits that previously were not profitable or financially sound. It was all towards an uncharted future of oil wealth and speculation.
At the same time , global oil supply and usage has reached precarious balance leaving highly advanced economies dangerously exposed to supply disruptions from well exhaustions , technical break downs , freedom fighters / terrorists, nationally minded governments like Venezuela – now flush with foreign currencies but dwindling oil profits as oil flow declines due to lack of government and mismanagement as well as overall interference in the technical and financial aspects of this profitable industry.
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