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  • These Three Deep Sea Drillers Look Like a Bargain [View article]
    Deepwater exploration for oil is the last frontier.
    Oil co's have so much money that to justify their greed must invest in deepwater exploration.
    No one knows with any degree of certainty how much oil is in deepwater ie. more than 20000 ft below seabed.
    If oil is discovered how will it be extracted? and in the quantity to
    justify the investment?
    The technical problems are enormous.
    Getting the oil to market from a new discovery will be take more than 5years.
    I have more questions to ask when the above is answered



    Jun 19 09:16 am |Rating: 0 0 |Link to Comment
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