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Studies are ongoing, but it appears that there may
天波轮 发表于 2012/8/19 11:10:00 |
| The King is Dead! All hail the King! This shouted quote can now also be applied to the world of oil production. The reason? The only country making major oil discoveries these days is Brazil. In fact, the discoveries are so huge that Brazil now stands to be the dominant oil producer for the foreseeable future.
People in the energy business have been growing nervous the last 10 years or so. A three pronged development was beginning to paint a pretty ugly picture in the future when it came to oil. Those prongs? New oil discoveries of any size were becoming very scarce and oil production was dropping as reserves naturally petered out as the black gold was pumped out of the ground. Piling on to the problem was a second prong that production seemed to have maxed out world wide. This became a bigger issue when the third prong of demand was figured in. Demand has dropped a bit during the world wide recession, but it will max out the total production once economies get moving again.
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retro jordans for sale BR>The end result of all of this is we needed to find more oil. The prospects were pretty dim. Solid, but not spectacular, discoveries were made off the coast of Africa and the Caribbean, but many were worrying about the very real possibility that we could be peaking when it came to oil. Then Brazil happened.
New technology allowed oil exploration to become more sophisticated at the turn of the century. One area that was looked at by oil research companies was the coast of South America which has not produced any serious oil fields. Initial research found a huge shelf of salt that ranged between 125 miles wide by 500 miles in length off the coast of the country. Who cares about salt? Nobody, but we all care about what was found below the salt卭il. Even better, there appears to be a lot of light crude oil which is the motherload!
Studies are ongoing, but it appears that there may be between 40 an 60 billion barrels of oil off the coast of Brazil. The numbers are hidden a bit by the oil companies and country, but one can look to another source to determine how big the fields could be. Those numbers? Investment dollars. ExxonMobile is investing $29 billion this year alone and promising another $150 billion to get in on the action. Oil giant Petrobras is also investing $175 billion dollars in the research, infrastructure and production of oil from the fields.
Studies are ongoing, but it appears that there may foamposites for cheap
R>At the end of the day, Brazil could become the fifth biggest oil producer in the world within the next five years. Other major producers, however, are in decline including Russia, Saudi Arabia, Nigeria and so on. It is not to extreme to suggest that by 2030, Brazil may be the new Saudi Arabia and dominating world politics. |
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