To: george76
Huge new oil discovery in Brazil = 700 milliom BBL.
ANWR = 10 BILLION BBL (Low ADNR estimate)
88 posted on 12/29/2005 10:09:54 AM PST by Species8472
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To: george76
Petrobras estimates it contains at least 700 million barrels of crude - about 10% of Brazil's current reserves.
Funny, this is a fraction of what is thought to be in ANWR and yet it is called 'huge' by BBC while the ANWR deposits are called "insignigicant."
89 posted on 12/29/2005 10:12:31 AM PST by Antoninus
We have been lied to about the amount of oil in our world for all of our lives. When I started college in the mid 1950's, I wanted to be a geologist. I can remember the professors of Geology saying at that time we had discovered all of the oil fields in the world and there were only so many dinosaurs from which the oil came from. I wonder how many at that time were liberals and pre enviral whackos.