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Community => General Discussion => Topic started by: Cobra951 on Friday, November 09, 2007, 07:41:49 PM

Title: Possible 8 billion barrels of oil discovered offshore in Brazil
Post by: Cobra951 on Friday, November 09, 2007, 07:41:49 PM

The story. (http://www.cnn.com/2007/WORLD/americas/11/08/brazil.oil.ap/index.html?iref=mpstoryview)  We keep finding the stuff all over.  I'd love to see all the malcontents in the Middle East get some stiff competition.

Title: Re: Possible 8 billion barrels of oil discovered offshore in Brazil
Post by: Ghandi on Friday, November 09, 2007, 07:45:51 PM

Excellent. Lets hope that this is true, and they quickly start drilling. Bring some competition into the market. Take some of our dependence off Arab nations.

Title: Re: Possible 8 billion barrels of oil discovered offshore in Brazil
Post by: idolminds on Friday, November 09, 2007, 08:46:25 PM

Brazil will become the 51st state. The true "South America", if you will.

Title: Re: Possible 8 billion barrels of oil discovered offshore in Brazil
Post by: Pugnate on Friday, November 09, 2007, 10:56:36 PM

Yea I read about this. It will take a while before they are ready to supply, but meanwhile oil prices continue to rice. 98 cents a barrel last I read.

Title: Re: Possible 8 billion barrels of oil discovered offshore in Brazil
Post by: Raisa on Monday, November 12, 2007, 06:50:21 PM

the next battleground...