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03-02-2011, 02:53 PM
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Posts: 581
Member: #29971
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Assume I know nothing of oil (which I really don't). This is a pretty basic question/concept.
Where are we currently restricted from drilling oil? If we were to drill there, how much oil do they estimate to be in those locations? What impact would it have on the current oil and gas market? |
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Sponsored Link
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03-02-2011, 03:00 PM
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#2 |
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Member
Since: Jan 2008
Posts: 581
Member: #29971
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If it's easier to post a link or two pointing me in a direction so that I can educate myself that is cool too. I don't mind reading.
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03-02-2011, 03:02 PM
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#3 |
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Contributing Member
 Since: Sep 2003
Posts: 8,172
Member: #13962
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Homework?
__________________ ░░░░░░░░░░░░░░░░░░ |
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03-02-2011, 03:07 PM
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#4 |
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Contributing Member
Since: Oct 2009
Posts: 2,740
Member: #43759
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May want to check where there is a war. Wherever there is a war there is sure to be oil.
__________________ Civilization exists by geological consent, subject to change without notice. - W. Durant |
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03-02-2011, 03:30 PM
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#5 |
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Contributing Member
Since: Feb 2000
Posts: 9,819
Member: #1285
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I spoke to a few people who do deepwater drilling who just received permits that didn't get issued during the temporary moratorium in the last week. So where "we" drilled last month and next month might not be the same.
__________________ **** Bud Selig **** Jim Crane **** the ALstros |
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03-02-2011, 04:12 PM
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#6 |
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Contributing Member
Since: Jun 2002
Posts: 162
Member: #4491
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There is no danger of running out of oil anytime soon. The problem is that new deposits are being found in places where it is much more difficult and expensive to extract (or prohibited due to environmental concerns).
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