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164 comments on DrumBeat: March 7, 2007

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totoneila on March 7, 2007 - 11:27pm Permalink | Subthread | Parent | Comments top

Hello James_Benison,

Thxs for this info. If 100 billion barrels is truly recoverable.....to the shores of Tripoli......expect US Marines to bring freedom and democracy to this geography soon.

EDIT: I am not a geologist, but I hope this PDF link helps:

http://energy.cr.usgs.gov/WEcont/regions/reg2/p2/tps/AU/au205431.pdf

Bob Shaw in Phx,Az Are Humans Smarter than Yeast?

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james_benison on March 8, 2007 - 12:27am Permalink | Subthread | Parent | Comments top

Dear Sir,

I am every bit as skeptical as you are. One glaring omission in this report is whether these "100 billion barrels" are proven, probable, possible, or original oil in place. Secondly, given the language barrier, questions arise as to whether the anouncement might have skipped a decimal point or two (ie million--billion etc...)
In terms of the scope of the discovery, the Libyan National Oil Company stated today that: "This may just increase the availability of oil worldwide which may eventually have an impact on oil prices." That would suggest to me that the discovery is major. My modus operandi is to simply define what is the truth.....not to create it.

Best,

Jim

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164 comments on DrumBeat: March 7, 2007

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