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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: CommanderCricket who wrote (95813)1/17/2008 10:57:32 AM
From: Sharp_End_Of_Drill  Read Replies (1) of 206214
 
Command Cricket >>>Does any sane person really believe this is going to happen at current prices?<<<

Yes it will happen, as it always does. The top brass at BP is right when they say there is no shortage of oil or prospects - although there are growing political and access hurdles.

Replacing 5% of 90 million per day is for grins 4.5mm per year of new capacity - that is quite reasonable to expect at present activity levels.
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