re: "You really think so, Coug"
Well hasn't it been since old John D got that oily twinkle in his eye and then passed out dimes to the great unwashed to try to atone for his sins?..<g>
Here is an oily link of interest:
faculty.law.ubc.ca
The Implications of Hydrocarbon Development in the South China Sea
By Craig Snyder
Post Doctoral Fellow
Centre for International and Strategic Studies
Joint Centre for Asia Pacific Studies
York University, Toronto, Ontario, Canada
A snippet or two...
""Vietnam has also been more successful with the Bach Ho and Rong fields which are situated off the Southeast Vietnamese coast near Ho Chi Minh City total reserves for these fields are estimated at 400 billion barrels of oil with current production of 170,000 barrles of oil per day. In the Dai Hung and Blue Dragon fields which are adjacent to the disputed territory the Vietnamese estimate rserves of 150 billion barrles of oil and are producing 25,000 barrels of oil per day.""
""In 1987 the South China Sea Institute of Oceanology conducted a geophysical survey of portions of the Spratlys and confirmed strong evidence of commercial oilfields.(1) The Chinese in 1989 sent a survey vessel through the South China Sea and estimated that the Spratlys held deposits of 25 billion cubic metres of natural gas, 370,000 tons of phosphorous and 105 billion barrels of oil with an additional 91 billion barrels of oil in the James Shoal area off the North Borneo coast.(2) In 1988, US geologists estimated reserves of 2.1-15.8 billion barrels of oil while Russian estimates are 7.5 billion barrel of oil equvalents, 70 per cent of which are probably gas resources.(Bruce Blanche and Jean Blanche, "Oil and Regional Stability in the South China Sea," Jane's Intelligence Review 7, no. 11 (November 1, 1995): 511.) In addition to oil and gas deposits the area is also rich in tin, manganese, copper, cobalt, nickel and other materials.(4) The waters around the Spratly and Paracel islands are also rich in fish stocks""
All together now..
One, two, three, four..
What the Hell we fighting for.. <g,ng>
re: "Beat them dawgs."
Yea, but we have to get by da Bears first.. :)
c |
