I hope some of that "low slung fruit" ruppert used to bray about whacks him in the head.
--- In cia-drugs@yahoogroups.com, RoadsEnd <[EMAIL PROTECTED]> wrote: > > > > Begin forwarded message: > > > From: Pale Horse <[EMAIL PROTECTED]> > > Date: September 14, 2006 10:12:37 AM PDT > > To: "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>, > > "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>, "armageddon-or- > > [EMAIL PROTECTED]" <[EMAIL PROTECTED]>, > > "[EMAIL PROTECTED]" > > <[EMAIL PROTECTED]>, "Conspiracy- > > [EMAIL PROTECTED]" <[EMAIL PROTECTED]>, > > "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>, > > "[EMAIL PROTECTED]" <[EMAIL PROTECTED]> > > Subject: [ctrl] Oil supplies could 'last 140 years' > > Reply-To: [EMAIL PROTECTED] > > > > > > Oil supplies could 'last 140 years' > > > > Wednesday 13 September 2006, 17:35 Makka Time, 14:35 GMT > > > > > > New technology is making it possible to drill deeper > > > > > > Related: > > New oil find in Gulf of Mexico > > Oil prices hit $78 a barrel > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > A Saudi oil executive has challenged the idea that supplies are > > running out, saying that just 18 per cent of the global supply of > > crude has been tapped. > > > > > > Abdallah Jumah, president and CEO of the state-owned Saudi Arabian > > Oil Company, better known as Aramco, said the world has potentially > > 4.5 trillion barrels in reserves - enough to last 140 years at > > current levels of consumption. > > > > > > "The world has only consumed about 18 per cent of its conventional > > potential," Jumah said, rejecting fears that supplies will run out > > in a few decades. > > > > > > Click to join catapultthepropaganda > > > > http://groups.yahoo.com/group/catapultthepropaganda/join > > > > > > Click to join openmindopencodenews > > > > http://groups.yahoo.com/group/openmindopencodenews/join > > > > > > > > Experts have estimated that the Earth's recoverable oil resource is > > between three trillion and more than four trillion barrels. If > > consumption rises about two per cent a year from today's levels of > > about 85 million barrels a day, the low end of that range would > > only be enough to last until 2070. > > > > > > Rex Tillerson, the chairman of Exxon Mobil, has said that world > > demand for oil will increase by 50 per cent in the next decade. > > > > > > Jumah said new technology and better recovery rates would make it > > possible to find enough new oil resources to add one trillion > > barrels to world reserves over the next 25 years. > > > > > > > > Gulf of Mexico find > > > > Drilling is now going on as deep as 3,000 metres below the Gulf of > > Mexico and between 2,100 and 2,500 metres elsewhere. Experts say a > > newly discovered petroleum pool beneath the Gulf of Mexico > > eventually could yield anywhere from three billion to 15 billion > > barrels. > > > > > > Industry leaders have gathered in Austria this week for a > > conference sponsored by the Organisation of Petroleum Exporting > > Countries. > > > > > > Earlier this week, the 11-nation group agreed to maintain its > > current production target of 28 million barrels a day but made > > clear it would consider a cutting its output before the end of the > > year if oil prices continue to fall. > > > > > > > > Crude prices have fallen to a five-month low, dropping by more than > > $12 a barrel since record highs in mid-July. Analysts say ample > > supplies and the easing of political tensions in Lebanon and Iran > > have driven prices lower. > > > > > > > > > > > > > > All-new Yahoo! Mail - Fire up a more powerful email and get things > > done faster. > > > > > Complete archives at http://www.sitbot.net/ Please let us stay on topic and be civil. OM Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/cia-drugs/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/cia-drugs/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
