Posted: September 06, 2009
10:36 pm Eastern
© 2009 WorldNetDaily
BP has announced the discovery of yet another huge oil field in the Gulf of Mexico. At the same time, communist Russia is ready to work with Cuba to begin drilling 50 miles offshore Key West in the Gulf, and China is negotiating with Canada for the right to develop the vast oil resources in Alberta.
Still, the Obama administration has remained resolute in opposing U.S. offshore drilling.
Found 250 miles southeast of Houston, the Tiber well was found under 4,132 feet (.8 mile) of #water and was drilled to a total depth of 35,055 feet (6.6 miles), making the well one of the deepest ever drilled by the oil and natural gas industry.
Bloomberg noted that 35,000 feet is a greater height than Mount Everest.
"These material discoveries together with our industry leading acreage position support the continuing growth of our deepwater Gulf of Mexico business into the second half of the next decade," said Andy Inglis, BP's head of exploration and production, commenting on the Tiger Field oil find in the Gulf.
Still, the Obama administration opposes U.S. offshore drilling, while the British have made yet another find of massive oil reserves in the Gulf, Russia prepares to drill with Cuba off Key West and China negotiates with Canada for rights to develop Alberta's vast oil-sands resources.
Under the Obama administration the Department of Interior which handles offshore leasing has not issued a single lease allowing exploration and drilling in the 85 percent of America's waters where Congress repealed the oil-drilling restrictions in the last year of the Bush administration.
Keeping America Dependent :cripwalk:
10:36 pm Eastern
© 2009 WorldNetDaily
BP has announced the discovery of yet another huge oil field in the Gulf of Mexico. At the same time, communist Russia is ready to work with Cuba to begin drilling 50 miles offshore Key West in the Gulf, and China is negotiating with Canada for the right to develop the vast oil resources in Alberta.
Still, the Obama administration has remained resolute in opposing U.S. offshore drilling.
Found 250 miles southeast of Houston, the Tiber well was found under 4,132 feet (.8 mile) of #water and was drilled to a total depth of 35,055 feet (6.6 miles), making the well one of the deepest ever drilled by the oil and natural gas industry.
Bloomberg noted that 35,000 feet is a greater height than Mount Everest.
"These material discoveries together with our industry leading acreage position support the continuing growth of our deepwater Gulf of Mexico business into the second half of the next decade," said Andy Inglis, BP's head of exploration and production, commenting on the Tiger Field oil find in the Gulf.
Still, the Obama administration opposes U.S. offshore drilling, while the British have made yet another find of massive oil reserves in the Gulf, Russia prepares to drill with Cuba off Key West and China negotiates with Canada for rights to develop Alberta's vast oil-sands resources.
Under the Obama administration the Department of Interior which handles offshore leasing has not issued a single lease allowing exploration and drilling in the 85 percent of America's waters where Congress repealed the oil-drilling restrictions in the last year of the Bush administration.
Keeping America Dependent :cripwalk:
