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Trillions of dollars worth of oil found in Australian outback
Telegraph (UK) ^
| 24 Jan 2013
| Jonathan Pearlman
Posted on 07/30/2013 6:37:12 AM PDT by Lorianne
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1
posted on
07/30/2013 6:37:12 AM PDT
by
Lorianne
To: Lorianne
No need for the House of Saud to fret over this one.
Oz has gone so far over the deep end on aboriginal rights, we’ll have perfected the warp drive and nuclear fusion before this every got out of the courts.
To: Lorianne
Well, yeah, that's what they cook their french fries in!.............
3
posted on
07/30/2013 6:39:12 AM PDT
by
Red Badger
(Want to be surprised? Google your own name......Want to have fun? Google your friend's names........)
To: Lorianne
Another reason for the Arabs to be nervous.
4
posted on
07/30/2013 6:39:12 AM PDT
by
Farmer Dean
(stop worrying about what they want to do to you,start thinking about what you want to do to them)
To: Lorianne
I’m sure there’ll be a sand flea or something that needs protecting to put an end to this! *Rolleyes*
5
posted on
07/30/2013 6:39:46 AM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: Lorianne
“...in a find that could turn the region into a new Saudi Arabia”
Minus the murderous religion aspect, of course.
To: Lorianne
Hah! I'd love to see the Saudis go back to their nomadic lifestyle. Riding camels and living in tents.
7
posted on
07/30/2013 6:41:22 AM PDT
by
Cowboy Bob
(Democrats: Robbing Peter to buy Paul's vote.)
To: Lorianne
I am sure the ranks of Australian tree-huggers will swell instantaneously with this announcement.
We'll see how level headed Australians are.
8
posted on
07/30/2013 6:41:50 AM PDT
by
SMARTY
("The test of every religious, political, or educational system is the man that it forms." H. Amiel)
To: Lorianne
This will be Coober Pedy.
The find will need a lot of water infrastructure bought in. Hence the need for a partner.
9
posted on
07/30/2013 6:42:02 AM PDT
by
agere_contra
(I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
To: Lorianne
with the US about to face plant... and our military being cut by epic proportions...
i’m pretty sure they shouldn’t alert the 2+ billion resource hungry people to their north that they have all the oil they need...
10
posted on
07/30/2013 6:42:43 AM PDT
by
sten
(fighting tyranny never goes out of style)
To: Lorianne
Good for Australia! I hope they make the most of it!
Bet China is going to try to get all snuggly with them...
11
posted on
07/30/2013 6:43:23 AM PDT
by
Little Ray
(How did I end up in this hand-basket, and why is it getting so hot?)
To: Lorianne
Odungo will declare war.....
12
posted on
07/30/2013 6:43:31 AM PDT
by
Doogle
(USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
To: Lorianne
13
posted on
07/30/2013 6:44:13 AM PDT
by
agere_contra
(I once saw a movie where only the police and military had guns. It was called 'Schindler's List'.)
To: Lorianne
I thought you needed a lot of water to frack.
14
posted on
07/30/2013 6:47:01 AM PDT
by
Sawdring
To: All
Read about this a week or so ago. Someone gave a link to the company who was suppose to have found this large oil field and their stock prices dived.
Why? Because it's BS...
15
posted on
07/30/2013 6:47:18 AM PDT
by
Doofer
To: Farmer Dean
Another reason for the Arabs to be nervous.Doubtful.
Of the 1-3 billion gallons of oil there, less than 10% can be taken out. That's still a lot of petroleum but the price of getting it out of the ground can cancel profits.
I'm going to wait and see what the Texans do. They've been in the "awl bidness" for a long time.
The Saudis are the ones with all the petroleum. Their country was a graveyard of dinosaurs and thus rich with the black gold. Thank goodness the Americans got in there in the 1920's and bought all the petroleum rights.
The rights were sold BACK to the Saudis in the early 1980's and they paid a pretty penny riyal for it.
Since then the King/Prince have been making $1 billion dollars every 2-3 days. I can't fathom that kind of money.
No reason for any Saudi to be nervous.
To: Diana in Wisconsin
I’m sure there’ll be a sand flea or something that needs protecting to put an end to this! *Rolleyes*MLOL!
To: Londo Molari
They could always import them in for that authentic look.
18
posted on
07/30/2013 6:50:11 AM PDT
by
Lorianne
(fedgov, taxporkmoney)
To: Doofer
Read about this a week or so ago. Someone gave a link to the company who was suppose to have found this large oil field and their stock prices dived. Why? Because it's BS...This is all a scam? Well!! I never....
To: Sawdring
I think the water issue is the main setback to getting the oil out profitably.
However, if oil gets to high enough price, that problem will be overcome.
20
posted on
07/30/2013 6:52:18 AM PDT
by
Lorianne
(fedgov, taxporkmoney)
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