The other thing to think about when evaluating what supply we (meaning the entire world) may have from offshore oil, is that this 5000ft depth is nothing compared to the very deepwater finds that are being touted lately by Brazil and Mexico. The PBR deepwater "discoveries" are supposed to be 4 miles under water before you even start drilling. Then you have a 4 mile tube to worry about when pumping it out. See prospectus and annual report to check if this is "proven and probable" reserves.
Offshore Oil
Obama Bans New Drilling In Aftermath of Oil Rig Explosion …
As officials try to contain the oil spill off the shore of Louisiana, Obama says that no new drilling will be authorized until the mess can be sorted out.
Production shut down after offshore oil spill; could be source of …
1290495651 67 Production shut down after offshore oil spill; could be source of .. Press Release – OMV New Zealand OMV New Zealand report that a small oil spill had occurred on Saturday at the FPSO (floating production, …
Lastest Offshore Oil News | Lowest Mortgage Interest Rates
offshore oil rig sign Image by yarnivore Question by Oil Soaked Dolphin: Does offshore oil drilling make sense for the average American.
WAG – Wind Action Group Engineering: Another Offshore Wind Report …
But these efforts at more offshore oil drilling really got a lot of liberals, progressives and environmentalists quite angry. Instead of betting on and funding/significantly promoting a viable, renewable energy future in a significant …
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