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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Ichy Smith who wrote (201214)9/5/2006 1:02:16 PM
From: Hawkmoon  Read Replies (1) | Respond to of 281500
 
Tests of a deep-water well in the Gulf of Mexico could indicate a significant oil discovery, three companies announced Tuesday, in the first project to tap into a region that reportedly could boost U.S. oil and gas reserves by as much as 50 percent

Yep.. and now if they could just get ANWR approved, we'd be going a long way to increasing them even further.

But the oil markets are international, not just local. So overall, we must increase the total oil reserves available to fuel global economic demand.

Hawk