Tuesday, September 05, 2006
Vast Oil Pool Tapped in Gulf of Mexico
And you know what this means. We will be using oil for a long, long time. I bet Dick Cheney is behind this.
Chevron on Tuesday estimated the 300-square-mile region where its test well sits could hold between 3 billion and 15 billion barrels of oil and natural gas liquids. The U.S. consumes roughly 5.7 billion barrels of crude-oil in a year.