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Deep water vs. shallow water drilling
A regular line one hears from oil industry backers is that the industry wouldn't even be drilling in depths of 5,000 feet and more if dang vironmenalists and Algore hadn't made lower depth/nearer shore drilling off limits.
Anybody know how much truth there is to that? I've done some web searching w/o luck on that one. My take is that a lot of why 'they' want to drill in deep depths is that's where the oil is, and lots of it. I read that the deep water find off of Brazil's coast is larger than the largest field ever found in Saudi Arabia, or something like that. It does make sense, of course, that drilling would be much safer at shallower depths. But everything I hear and read indicates there isn't that much of that left. After is was tapped out, and that wouldn't be long, the push would be on to go to deeper depths. Hard core righties that I've been encountering are trying to blame this thing on the damned Vahrnmemtalists. I think it's a standard Limbaugh line. I'd like to know some of the facts on it and my recollection of the history on this is incomplete.
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