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ruckrover
2 Comments
The Great 2008 European Bear Parade [view article]
A lot depends on whether it is now "Peak Oil" or not. In fact everything depends on that.Sell big gas-guzzlers - they are a threat to everything and everybody. Jul 01 10:34 AM
The 'Peak Oil' Myth: New Oil Is Plentiful [view article]
The big Brazilian off shore oil field is Tupi - it is under 3 kilometres of ocean, 2 km of rock and 2 km of salt. Drilling it will have to contend with super-boiling oil, super-pressurised oil, salt corrosion of pipes, barometric pressure on pipes, and just deep deep water.These new big fields are not the good ol' Texan or Saudi gushers under ya feet.
There may be more oil - there is no more easy or fast or cheap oil. Jun 24 06:52 AM