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Location: Pantego, Texas, United States

Wednesday, September 02, 2009

There has been another huge oil find in the Gulf of Mexico called Tiber. It is thought this well may access as much as 3 to 6 billion barrels of oil. No one know yet how much this well will produce, but there are hopes that it will rival the deep Gulf of Mexico oil well, Thunder Horse, which is producing 300,000 barrels of oil per day. That is about half of the daily production from Alaska. Naturally critics say this won't do much for the US oil supply since the country uses about 17 or 18 million barrels per day. Democrats must hate this, and will no doubt move to prevent further drilling.

1 Comments:

Blogger Kristin said...

yes, they will move to prevent drilling in the US to "save" the environment, while at the same time funding drilling in Brazil by handing out $10B to Petrobas for a political payback to George Soros.

http://www.foxnews.com/politics/2009/08/20/loan-brazilian-oil-company-riles-conservatives-favor-offshore-drilling/

4:38 PM  

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