schminkie

Petrobras: Set to Become a Global Oil Major - Barron's

1. how many years before even the first wells produce oil and how long before we see a profit.
2. regardless of the ethanol fiasco/looming disaster and understanding that we that for the sake of utility and expediency we will rely on oil for some years to come, fossil fuels are a counter productive way to view the future of world energy. the oil industry is dead. they just don't know it yet.