New Oil source found

Phlegm · Post by **Phlegm** » Tue Sep 05, 2006 11:28 am

Chevron found new oil source in the deep water of Gulf of Mexico. Chevron estimates that it holds as much as 15 billion barrels of oil and gas reserves.

Minrott · Post by **Minrott** » Tue Sep 05, 2006 5:53 pm

Big suprise

Diekan · Post by **Diekan** » Tue Sep 05, 2006 5:58 pm

That'll last what... two weeks?

Menlaan · Post by **Menlaan** » Tue Sep 05, 2006 7:08 pm

Some predictions say that it will increase the US' reserves by 50%. That said, it will take years for them to be able to exploit it.

Phlegm · Post by **Phlegm** » Tue Sep 05, 2006 7:50 pm

According to the news, the oils from that field won't hit the market until late 2009 or early 2010.

Minrott · Post by **Minrott** » Tue Sep 05, 2006 8:05 pm

Then they'll find some more.

Tae-Bo · Post by **Tae-Bo** » Tue Sep 05, 2006 10:23 pm

NEw oil reserve found on Dylan's face.