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New Oil source found
Posted: Tue Sep 05, 2006 11:28 am
by Phlegm
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.
Posted: Tue Sep 05, 2006 5:53 pm
by Minrott
Big suprise
Posted: Tue Sep 05, 2006 5:58 pm
by Diekan
That'll last what... two weeks?
Posted: Tue Sep 05, 2006 7:08 pm
by Menlaan
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.
Posted: Tue Sep 05, 2006 7:50 pm
by Phlegm
According to the news, the oils from that field won't hit the market until late 2009 or early 2010.
Posted: Tue Sep 05, 2006 8:05 pm
by Minrott
Then they'll find some more.
Posted: Tue Sep 05, 2006 10:23 pm
by Tae-Bo
NEw oil reserve found on Dylan's face.