Hendrick said..... >>> >>> OPEC is very shy of telling exactly how much they have left, so as >>> to stuff the world around. >>> Also China and other parts of the developing world are starting to >>> use up vast quantities of oil. >>> There may well be oil reserves under the oceans but getting at them >>> will require technology that is still beyond us. >>> I suppose it is in the interest of OPEC to not oversupply, cause >>> once their oil runs out it's back to herding camels in the desert.
Actually, deep water drilling is getting fairly common. It was new back in 2001 when I worked for Unocal (Now part of Chevron), but Chevron recently drilled a well in 7000 feet of water and 20,000 feet of seabed. That opens up a LOT of area for access. It does take about 10 years to get it drilled and on production. Royce _______________________________________ http://www.okiebenz.com For new parts see official list sponsor: http://www.buymbparts.com/ For used parts email [EMAIL PROTECTED] To Unsubscribe or change delivery options go to: http://okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
