100 BILLION barrels of oil could currently be sitting underneath an area in the south of England.

The transcript discusses the discovery of significant oil reserves beneath the Weald Basin, with potential to supply 10-30% of Britain's oil needs. The oil company estimates 100 billion barrels in total, but only a fraction is accessible. Local residents express concerns about environmental impact and disruption, especially near an equestrian center. The company claims extraction can occur without fracking, but experts disagree, citing potential costs and industrial activity. The situation pressures governments to balance economic benefits with environmental concerns.

What predictions is the oil company making about the extent of oil found beneath the Weald Basin?

How much oil does the company estimate could be accessed from the site?

What concerns do the neighbors have regarding the oil drilling activities near the equestrian center?

What alternative sources of gas and oil does the owner of the equestrian center suggest?

What are the potential environmental impacts mentioned in relation to the oil extraction process?