"Marc A. Schindler" wrote:

> Further to my letter to The Economist, in the 05/10/02 issue, on the US
> paying a premium, as it were, for secure (non-Middle East) oil, two new
> sources have just come to light, although one's politically and
> geographically more secure than the other.
>
> 1. The Scotian Bank, off the coast of Nova Scotia is a deep water site
> which had previously been estimated to have reserves of 175 billion m^3

That should read 560 billion m^3

>
> (20 trillion cu ft), has now had its estimated size doubled to 350
> billion m^3 (41 trillion cu ft).  As well, 2-5 billion barrels of light
> crude have been found there.
>

and 1.1 trillion m^3

>

--
Marc A. Schindler
Spruce Grove, Alberta, Canada -- Gateway to the Boreal Parkland

"The greater danger for most of us lies not in setting our aim too high and
falling short; but in setting our aim too low, and achieving our mark."
--Michelangelo Buonarroti

Note: This communication represents the informal personal views of the author
solely; its contents do not necessarily reflect those of the authorís employer,
nor those of any organization with which the author may be associated.

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