To: Jagman
This isn't quite the 'peak oil' argument. It's the 'peak cheap oil' argument. The oil find off Brazil is in deep water, and deep water rigs to drill and pump are not cheap.
19 posted on
01/16/2010 9:10:23 AM PST by
slowhandluke
(It's hard to be cynical enough in this age.)
To: slowhandluke
Ah nuts - I let the title influence how I read the article. The article is primarily the ‘peak oil’ argument.
28 posted on
01/16/2010 10:08:43 AM PST by
slowhandluke
(It's hard to be cynical enough in this age.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson