Norway's Statoil said it discovered oil at its Miocene Yeti prospect in the Gulf of Mexico, about 220 miles south of New Orleans Thursday, April 9, 2015. The prospect is located near several large Gulf discoveries, including Chevron's Big Foot oilfield. (Statoil)
OIL is a renewable resource. More proof every day.
‘NEW’ oil?
It must be millions of years old by now....................
Peak oil is taking it in the butt today.
Huge oil find discovered near Gatwick airport
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