Canada Ping!
All the while Obama golfs, swims and suns in the happy isles. God save the Republic.
I have a lot more confidence in Exxon Mobil and the leadership of Rex Tillerson than I have in any government we send to Washington.
does this mean all the newfies can leave the west they hate so much and go home to work?
Big Oil helped bring our US and other western countries prosperity and wealth by finding and developing oil fields across the world.
With this off shore Canadian project by Exxon and Shell’s Alaskan ice field project, I think they have lost their focus on keeping exploration and drilling cheap enough to keep the world oil price down. The location, depth and weather problems mean the projects are very expensive.
The way to keep energy cheap is unlocking shale gas and oil by fracking here and abroad. Here in the US we have the opportunity to be energy independent using this type of drilling. It turns out much of Europe and Asia have similar shale deposits. Both big and little oil companies should spend their development and drilling dollars on cheaper fracking projects.
I hope this isn’t going to threaten the Grand Banks fisheries. The fields are 200 miles east south east of St John’s which put them north of the Grand Banks and the Flemish Cap, but the Labrador current could push any big spill into the most productive fishing grounds of the Atlantic Ocean. I’m all for drilling, but it seems a little too risky to me.
Ping.
Canada Ping!