In reply to  R.C.Macaulay's message of Sun, 18 Nov 2007 14:52:47 -0600:
Hi,
[snip]
>Howdy Robin ,
> Interesting observation considering Russia has unproven reserves outa the 
>kazoo, Cornering the world petro wealth just got mucho difficult by 
>PetroBras of Brazil bringing in discovery wells off their coast with 
>estimated billions in barrels of light crude. 

See
http://www.scandoil.com/moxie-bm2/by_province/americans_offshore/latin_america_offshore/petrobras-finds-monster-brazil-field.shtml

8 billion barrels would supply the whole planet for about 100 days (3 months).
See http://www.eia.doe.gov/oiaf/ieo/oil.html .


>They have backed off on 
>offering leases on adjacent offshore tracts with this discovery.. some Texas 
>locals believe they hit the mother lode down there.. also some rumbling of 
>another field off Australia that can be the grandaddy to them all.

This I haven't heard about. Any pointers?

Regards,

Robin van Spaandonk

The shrub is a plant.

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