The Scrutinator

Keep your eye on this. Publius reports:

Chevron, Norway’s Statoil and deep-sea driller Devon Energy have just discovered as many as 15 billion barrels of previously unknown oil in a vast underwater pool five miles under the floor of the sea. No one even had a clue about this huge oil’s existence up until new high technology of deep sea drilling (cost: $1 billion a pop, and every bit as weird and high-tech as a spaceship) came to the fore. ...

Oil tyrants beware.

Civilization has made amazing progress fueled by oil, but it has come at the cost of some ugly compromises. Let progress continue.

But not an excuse to waste it, or to stop looking for better sources of energy.

By The Scrutinator @ 10:21 AM