pstarr wrote:AdamB wrote:But if there is one thing that we all know, and that is that from such small beginnings, our world was built.
Those are platitudes, not solutions. It would cost $trillions to produce Antarctic oil yet I don't see any NOC, independent, or integrated oil company with money up front.
Once upon a time the development of the Trans Alaskan pipeline was the largest privately funded construction project in the history of our species.
Eyes on the prize...if there is money to be made....capital will find a way to get itself involved.
So sure...why would anyone want expensive Arctic oil anyway, when you can throw some cash at a North Dakota farmer and get it the old fashioned way, an onshore rig, a known accumulation 2 miles down, and some trucks to haul away the oil to the local gathering point. I wouldn't touch Antarctica or Arctic oil when there are tens of billions of barrels of this easy oil to get.
Pstarr wrote:They are having trouble in the Arctic. Shell gave out when oil was $50, it won't go back at $30. The Arctic is a piece of cake, with it infrastructure in place. and surrounded by heavily produced oil fields . . . think Norway, Russia. The Antarctic might as well be Saturn. And we might as well be dreaming about space methane lol
No need dreaming about methane when we are just wasting the stuff, letting it bubble up off the sea bed. We really do need to fix this, get it to a power generation facility, and stop this ridiculous waste of precious energy resource.
http://www.independent.co.uk/news/scien ... 76278.html