Re:Obama bans new oil drilling in Arctic Ocean
by throwaway5752 on Saturday November 19, 2016 @01:53PM
(#12994950)
Again, that is technically recoverable , not probable or proved (1P/2P estimates) which takes into acccount if it can be done profitably. It is a big deal, but even if all was economically recoverable at current prices (almost certainly not the case) it still would be only 7 months of global consumption.
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Re:Obama bans new oil drilling in Arctic Ocean
by paulddraper on Saturday November 19, 2016 @07:54PM
(#12996646)
Only 7 months for the entire world...yeah, let's not get too excited.