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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (392063)6/18/2008 1:43:57 PM
From: Road Walker  Read Replies (3) of 1577400
 
Ultra-deepwater drilling rig availability dries up
Martyn Wingrove - Friday 22 February 2008
THERE are no ultra-deepwater drilling rigs available to hire in 2008 and only two in the market for 2009 after Ocean Rig’s Eirik Raude semi-submersible rig was chartered by Tullow Oil in a $700m deal, writes Martyn Wingrove.


So add even more years before drilling can make it's marginal difference. India/China demand growth will dwarf any deep water supplies we eventually, sometime get. "Drill now, drill today..." are just Republican talking points... they don't solve the problem, not even close.
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