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We invade Argentina at dawn (they found oil)

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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-08-11 07:51 PM
Original message
We invade Argentina at dawn (they found oil)
http://news.yahoo.com/huge-oil-discovery-boosts-argentinas-potential-163158210.html

A huge oil discovery by the Spanish company Repsol has sharply boosted Argentina's potential to cash in on energy and could eventually attract an infusion of investment to exploit the shale oil.

Experts said Tuesday that the find is very promising, but it is unclear how much time and investment may be needed to capitalize on the oil beneath the rocky, barren plains of Patagonia. The company said the discovery includes 927 million barrels of recoverable oil and natural gas, of which 741 million barrels is shale oil....

Former Argentine Energy Minister Jorge Lapena said it's a "spectacular announcement" but that the reserves have yet to be proven and that studies on economic feasibility and environmental impact still need to be carried out.

Some environmentalists also are concerned that such oil development in Argentina would put pressure on freshwater supplies and could pollute water sources.


And it's nice, dirty shale oil, too! Too bad Argentina is too far away from Nebraska to run a pipeline through it. :sarcasm:
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-08-11 07:54 PM
Response to Original message
1. K&R
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-08-11 07:57 PM
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2. Naw, we'll keep that war on the back burner,
Right now we're starting to bring the War for Ugandan oil to a boil.
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HopeHoops Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-09-11 08:24 AM
Response to Original message
3. They've got to have Muslims or communists or something there, right?
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-09-11 08:28 AM
Response to Original message
4. A huge oil discovery - why, it's almost 1/30th the size of the Prudhoe Bay Complex
:eyes:
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malthaussen Donating Member (413 posts) Send PM | Profile | Ignore Wed Nov-09-11 08:37 AM
Response to Original message
5. YES!!!! Go, USA!!! USA!!!
Now we can finally bring Adolf Hitler and Martin Bormann to justice!

-- Mal
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