Earlier quoted context omitted.
> this would imply that the most under-investigated-in-industry approaches to deep hole boring would be the ones that destroy the economic value of any oil-and-gas in the ground, That is only one explanation to why a technology would be among the most under-investigated-in-industry approaches. There are many others, such as: - It does not work at all. - It is more expensive than traditional methods - It is illegal in…
Option C: it doesn't solve enough problems for oil and gas to have been worth pursuing compared to iterative improvements to existing systems. Whereas for geothermal, conventional drilling isn't useful enough for it.
Geothermal heating provides unlimited fuel for people in houses, staying still.
The technology is similar, and it's boring ;-) The market is different. This is an opportunity for entrepreneurs to hire expert drilling engineers out of the oil industry!