Troll Feeder
2008-06-25 14:15:27
Oil from the OCS is a two to five year proposition, not ten years. The development times quoted all over everywhere are flat ignorance and lies.
Oil from 1500 meters deep off of West Africa is 36 months from discovery (2Q2007) to market (2Q2010), and that is only one of many projects I’m currently involved with. I’m just not involved with them at home.
Remove the drilling and development bans, and overnight the oil price will drop like a rock. And I won’t have to go to hellholes so often, either.
