2004 2015 Oil Oil Prices 
Green Car Congress
APRIL 6, 2017
On a global level, 2015 and 2016 marked the lowest level of new conventional oil discoveries since 1952. billion barrels of conventional oil were discovered, roughly 45 days of global crude consumption or 0.2 Globally, exploratory drilling fell by almost 20 percent in 2015 and fell even further in 2016. In 2016, only 3.7
Green Car Congress
APRIL 6, 2015
Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year.
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