Oil discovery is in the bars, production is the black line. What this graph shows? That it has been nearly 30 years since we have had a year where we found more oil in the ground than we pumped in an individual year.
Source(I admit thats a horrible source as far as credibility goes, but I have seen this graph many places, that one just happened to have a pretty one. The data itself has a source listed on the graph itself)
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