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Politics : Formerly About Advanced Micro Devices

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To: hmaly who wrote (184147)3/4/2004 4:49:03 PM
From: Road Walker  Read Replies (1) of 1574573
 
hmaly,

Then I'm glad to see you've changed your mind.

"I doubt if that statement is true. After all, the oceans cover 2/3 of the earths surface, and only a small fraction has been explored so far. As far as costs, when you add in OPEC charges, the cost to the US isn't exactly cheap. Most ocean drilling costs come in under 1/2 the price of OPEC rates, so in total, a lot of ocean finds, assuming there are no royalties, could be a lot cheaper."

John
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