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  • The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
    All of the worlds drill ships are already leased out for next five years. There are only 3 drill ships capable of
    drilling the deep water find off Brazil. US Gov analyis from last year states that if any new US offshore leasing, exploration and drilling were to begin today, if would be 2030 before the new oil would be available for use.

    Dude, you might want to trade in that Hummer or Winnebago.
    Jun 22 19:38 pm |Rating: 0 0 |Link to Comment
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