Good news for Hummer morons. Let the pollution craze continue full blast. Who cares about global warming?
..........................................
New Technology Delivers Oil Jackpot
.
Using new drilling technologies, Chevron is currently tapping the largest oil field to be discovered in the Gulf of Mexico in decades. New drilling technology has enabled workers on the Cajun Express offshore oil rig to probe deeper into the ocean floor than ever before.
.
The United States oil giant Chevron announced last week that it has discovered an enormous treasure that dates back to the Eocene period. The amount of oil and natural gas discovered may be as much as 15 billion barrels. If that estimate is correct, then US oil reserves have increased by 50 percent overnight.
Many analysts were delighted. The value of Chevron's shares increased -- and the price of oil fell. "That's great news for the corporation, for industry and for the nation," a banker at the Oppenheimer & Co. investment firm cheered, calling the discovery a "jackpot."
.
http://service.spiegel.de/cache/international/spiegel/0,1518,436798,00.html