Gulf of Mexico oil discovery

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Helsbells
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Gulf of Mexico oil discovery

Post: # 166712Post Helsbells »

Hey everyone,

Anyone else hear about this:

http://www.guardian.co.uk/business/2009 ... -of-mexico

Huge oil find apparently. Not sure that this is good news to be honest.

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pumpy
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Re: Gulf of Mexico oil discovery

Post: # 166716Post pumpy »

35 billion barrels of oil apparently........start utilising in 5 years.........used in how long........back to square one......then what?
it's either one or the other, or neither of the two.

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Helsbells
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Re: Gulf of Mexico oil discovery

Post: # 166728Post Helsbells »

Quite.

Plus a lot more carbon dioxide.

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biffvernon
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Re: Gulf of Mexico oil discovery

Post: # 166749Post biffvernon »


jim
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Re: Gulf of Mexico oil discovery

Post: # 166763Post jim »

Just more oil to burn, burying heads in the sand while postponing the inevitable. Meanwhile, releasing more CO2 to make matters worse. And it's so far out to sea and so deep under rock that lots of energy will have to be dissipated getting it out with consequent release of more greenhouse gases.

But look on the bright side .... bigger profits for the oil giants, inflating the price of shares, more money for the speculators to be parasitical upon and bigger bonuses for the wunch of bankers in the City. Have we been here before? Or is it me being cynical?

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paul123456
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Re: Gulf of Mexico oil discovery

Post: # 171399Post paul123456 »

Hello there ,

look at the good side , not only the big fat b(w)ankers will profit ,our governments will have even more oil
to charge taxes over ! They can do even more silly things with their massive source of money then .

Would it no be good if we could all do without a car ,?

regards ,

Paul

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