HEY, REMEMBER PEAK OIL? Britain’s Underground Elephant Gets Bigger.

Two months ago, a small British oil exploration firm shocked the world when it announced a massive new oil discovery in southeast England, describing the site underneath Gatwick airport as a “world class potential resource.” The lucky firm, UK Oil & Gas Investments, estimated that the region’s Weald basin held as many as 158 million barrels of oil per square mile, which extrapolated out could mean a grand total of more than 100 billion barrels. Now, an outside assessment estimates the basin to contain 271 million barrels per square mile—72 percent more oil than was initially reported.

Quick, Vladimir — fund some more anti-fracking protesters in the West!