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date: Thu, 24 Apr 2008 12:11:28 -0700 (PDT),    group: uk.environment        back       
Brazil Oil Finds May End Reliance on Middle East   
I first posted this story 2+ years ago. Before you
read the update, you might want to read some
background

Unhinged global warming fanatics issue death
threats to their ...

''The Deep Hot Biosphere" was published in '98
and it claimed the crust of the globe is filled with
white hot magma and oil is not a fossil fuel but
has been... Brazil has estimated that it is fuel
independent for 100 years Now some of the
younger geophysicists are studying the effects
of the Deep Hot Biosphere ...
Mar 13 2007 by leonard78sp@gmail.com
~~~~~~~~~~~~~~
CLIMATE FACTS THE HYSTERICS WANT YOU TO
OVERLOOK
Brazil figures to get from_one_deep_well all their
supplies for 100 years or more and more to come.
They are drilling miles deep below the Atlantic
ocean floor. ... Known oil reserves have been
increasing as well
http://en.wikipedia.org/wiki/Oil_reserves
Why don't you educate yourself before you come back to ...
Jan 13 by leonard78sp@gmail.com
~~~~~~~~~~~~~~~

Brazil Oil Finds May End Reliance on Middle East, Zeihan Says

By Joe Carroll

April 24 (Bloomberg) -- Brazil's discoveries of what
may be two of the world's three biggest oil finds in
the past 30 years could help end the Western
Hemisphere's reliance on Middle East crude,
Strategic Forecasting Inc. said.

Saudi Arabia's influence as the biggest oil exporter
would wane if the fields are as big as advertised,
and China and India would become dominant
buyers of Persian Gulf oil, said Peter Zeihan, vice
president of analysis at Strategic Forecasting in
Austin, Texas. Zeihan's firm, which consults for
companies and governments around the world,
was described in a 2001 Barron's article as "the
shadow CIA.''

Brazil may be pumping "several million'' barrels of
crude daily by 2020, vaulting the nation into the
ranks of the world's seven biggest producers,
Zeihan said in a telephone interview. The U.S.
Navy's presence in the Persian Gulf and adjacent
waters would be reduced, leaving the region
exposed to more conflict, he said.

"We could see that world becoming a very violent
one,'' said Zeihan, former chief of Middle East and
East Asia analysis for Strategic Forecasting. "If
the United States isn't getting any crude from the
Gulf, what benefit does it have in policing the Gulf
anymore? All of the geopolitical flux that wracks
that region regularly suddenly isn't our problem.''

Tupi and Carioca

Brazil's state-controlled Petroleo Brasileiro SA in
November said the offshore Tupi field may hold 8
billion barrels of recoverable crude. Among
discoveries in the past 30 years, only the 15 billion
barrel Kashagan field in Kazakhstan is larger.

Haroldo Lima, director of the country's oil agency,
last week said another subsea field, Carioca, may
have 33 billion barrels of oil. That would be the
third biggest field in history, behind only the
Ghawar field in Saudi Arabia and Burgan in Kuwait.

Analysts Mark Flannery of Credit Suisse Group
and Gustavo Gattass of UBS AG challenge the
estimate for Carioca. Lima, the Brazilian oil
agency director, later attributed the figure to a
magazine.

Flannery told clients during an April 16
conference call that 600 million barrels is a
"reasonable'' estimate and suggested Lima may
have been referring to the entire geologic
formation to which Carioca belongs.

Supply Boost

Carioca is one of seven fields identified so far
in the BM- S-9 exploration area, part of a
formation called Sugar Loaf.

If additional drilling by Petrobras, as Petroleo
Brasileiro is known, confirms the Tupi and
Carioca estimates, the fields together would
contain enough oil to supply every refinery on
the U.S. Gulf Coast for 15 years. Petrobras
said it needs at least three months to
determine how much crude Carioca may hold.

Zeihan said that beyond supply gains from
Brazil, it will take a tripling of Canadian
oil-sands output and greater fuel efficiency to
end Western reliance on Middle East oil.

The U.S. imports about 10 million barrels of
oil a day, or 66 percent of its needs, according to
the Energy Department in Washington.
Saudi Arabia was the second-largest supplier in
January, behind Canada.

Persian Gulf nations accounted for 23 percent of
U.S. imports, compared with Brazil's 1.7 percent
share. Brazilian crude output rose 1.9 percent
last year to 2.14 million barrels, according to the
International Energy Agency.

"Hemispheric energy independence sounds a little
pie-in-the-sky given that this hemisphere already
is generating one- third of overall global demand,''
said Jason Gammel, an oil analyst at Macquarie
Bank Ltd. in New York. "It's pretty tough to talk
about self-sufficiency unless we were to see
food-based biofuels taking an even bigger role in
the next five to 10 years than is already mandated.''

Offshore Fields

Zeihan predicts a 2012 start to production at Tupi.
Technology needed to tap fields like Tupi, which
sit hundreds of miles offshore beneath thousands
of feet of rock, sand and salt, hasn't been
developed, he said.

Petrobras, Chevron Corp., Royal Dutch Shell Plc
and Norsk Hydro ASA plan to start pumping oil
from eight Brazilian fields in the next 2 1/2 years
that will produce a combined 1.02 million barrels
a day, enough to supply two-thirds of the crude
used by U.S. East Coast refineries.

More discoveries will follow in Brazil's offshore
basins, most of which have yet to be opened to
exploration, Zeihan said. Repsol YPF SA, Exxon
Mobil Corp. and Devon Energy Corp. are among
the producers scouring Brazil's waters for
reserves.

"The finds they've got so far are just the tip of the
iceberg,'' Zeihan said. "Brazil is going to change
the balance of the global oil markets, and
Petrobras will become a geopolitical supermajor.''

To contact the reporter on this story:
Joe Carroll in Chicago at jcarroll8@bloomberg.net.
date: Thu, 24 Apr 2008 12:11:28 -0700 (PDT)   author:   unknown

Re: Brazil Oil Finds May End Reliance on Middle East   
leonard78sp@gmail.com wrote:

> I first posted this story 2+ years ago. Before you
> read the update, you might want to read some
> background
> 
> Unhinged global warming fanatics issue death
> threats to their ...
> 
> ''The Deep Hot Biosphere" was published in '98
> and it claimed the crust of the globe is filled with
> white hot magma and oil is not a fossil fuel but
> has been... Brazil has estimated that it is fuel
> independent for 100 years Now some of the
> younger geophysicists are studying the effects
> of the Deep Hot Biosphere ...
> Mar 13 2007 by leonard78sp@gmail.com
> ~~~~~~~~~~~~~~
> CLIMATE FACTS THE HYSTERICS WANT YOU TO
> OVERLOOK
> Brazil figures to get from_one_deep_well all their
> supplies for 100 years or more and more to come.
> They are drilling miles deep below the Atlantic
> ocean floor. ... Known oil reserves have been
> increasing as well
> http://en.wikipedia.org/wiki/Oil_reserves
> Why don't you educate yourself before you come back to ...
> Jan 13 by leonard78sp@gmail.com
> ~~~~~~~~~~~~~~~
> 
> Brazil Oil Finds May End Reliance on Middle East, Zeihan Says
> 
> By Joe Carroll
> 
> April 24 (Bloomberg) -- Brazil's discoveries of what
> may be two of the world's three biggest oil finds in
> the past 30 years could help end the Western
> Hemisphere's reliance on Middle East crude,
> Strategic Forecasting Inc. said.
Does that mean the US will invade them too.
> 
> Saudi Arabia's influence as the biggest oil exporter
> would wane if the fields are as big as advertised,
> and China and India would become dominant
> buyers of Persian Gulf oil, said Peter Zeihan, vice
> president of analysis at Strategic Forecasting in
> Austin, Texas. Zeihan's firm, which consults for
> companies and governments around the world,
> was described in a 2001 Barron's article as "the
> shadow CIA.''
> 
> Brazil may be pumping "several million'' barrels of
> crude daily by 2020, vaulting the nation into the
> ranks of the world's seven biggest producers,
> Zeihan said in a telephone interview. The U.S.
> Navy's presence in the Persian Gulf and adjacent
> waters would be reduced, leaving the region
> exposed to more conflict, he said.
> 
> "We could see that world becoming a very violent
> one,'' said Zeihan, former chief of Middle East and
> East Asia analysis for Strategic Forecasting. "If
> the United States isn't getting any crude from the
> Gulf, what benefit does it have in policing the Gulf
> anymore? All of the geopolitical flux that wracks
> that region regularly suddenly isn't our problem.''
> 
> Tupi and Carioca
> 
> Brazil's state-controlled Petroleo Brasileiro SA in
> November said the offshore Tupi field may hold 8
> billion barrels of recoverable crude. Among
> discoveries in the past 30 years, only the 15 billion
> barrel Kashagan field in Kazakhstan is larger.
> 
> Haroldo Lima, director of the country's oil agency,
> last week said another subsea field, Carioca, may
> have 33 billion barrels of oil. That would be the
> third biggest field in history, behind only the
> Ghawar field in Saudi Arabia and Burgan in Kuwait.
> 
> Analysts Mark Flannery of Credit Suisse Group
> and Gustavo Gattass of UBS AG challenge the
> estimate for Carioca. Lima, the Brazilian oil
> agency director, later attributed the figure to a
> magazine.
> 
> Flannery told clients during an April 16
> conference call that 600 million barrels is a
> "reasonable'' estimate and suggested Lima may
> have been referring to the entire geologic
> formation to which Carioca belongs.
> 
> Supply Boost
> 
> Carioca is one of seven fields identified so far
> in the BM- S-9 exploration area, part of a
> formation called Sugar Loaf.
> 
> If additional drilling by Petrobras, as Petroleo
> Brasileiro is known, confirms the Tupi and
> Carioca estimates, the fields together would
> contain enough oil to supply every refinery on
> the U.S. Gulf Coast for 15 years. Petrobras
> said it needs at least three months to
> determine how much crude Carioca may hold.
> 
> Zeihan said that beyond supply gains from
> Brazil, it will take a tripling of Canadian
> oil-sands output and greater fuel efficiency to
> end Western reliance on Middle East oil.
> 
> The U.S. imports about 10 million barrels of
> oil a day, or 66 percent of its needs, according to
> the Energy Department in Washington.
> Saudi Arabia was the second-largest supplier in
> January, behind Canada.
> 
> Persian Gulf nations accounted for 23 percent of
> U.S. imports, compared with Brazil's 1.7 percent
> share. Brazilian crude output rose 1.9 percent
> last year to 2.14 million barrels, according to the
> International Energy Agency.
> 
> "Hemispheric energy independence sounds a little
> pie-in-the-sky given that this hemisphere already
> is generating one- third of overall global demand,''
> said Jason Gammel, an oil analyst at Macquarie
> Bank Ltd. in New York. "It's pretty tough to talk
> about self-sufficiency unless we were to see
> food-based biofuels taking an even bigger role in
> the next five to 10 years than is already mandated.''
> 
> Offshore Fields
> 
> Zeihan predicts a 2012 start to production at Tupi.
> Technology needed to tap fields like Tupi, which
> sit hundreds of miles offshore beneath thousands
> of feet of rock, sand and salt, hasn't been
> developed, he said.
> 
> Petrobras, Chevron Corp., Royal Dutch Shell Plc
> and Norsk Hydro ASA plan to start pumping oil
> from eight Brazilian fields in the next 2 1/2 years
> that will produce a combined 1.02 million barrels
> a day, enough to supply two-thirds of the crude
> used by U.S. East Coast refineries.
> 
> More discoveries will follow in Brazil's offshore
> basins, most of which have yet to be opened to
> exploration, Zeihan said. Repsol YPF SA, Exxon
> Mobil Corp. and Devon Energy Corp. are among
> the producers scouring Brazil's waters for
> reserves.
> 
> "The finds they've got so far are just the tip of the
> iceberg,'' Zeihan said. "Brazil is going to change
> the balance of the global oil markets, and
> Petrobras will become a geopolitical supermajor.''
> 
> To contact the reporter on this story:
> Joe Carroll in Chicago at jcarroll8@bloomberg.net.
date: Fri, 25 Apr 2008 00:43:48 GMT   author:   danny

Re: Brazil Oil Finds May End Reliance on Middle East   
On Apr 24, 8:43 pm, danny  wrote:
> leonard7...@gmail.com wrote:
> > I first posted this story 2+ years ago. Before you
> > read the update, you might want to read some
> > background
>
> > Unhinged global warming fanatics issue death
> > threats to their ...
>
> > ''The Deep Hot Biosphere" was published in '98
> > and it claimed the crust of the globe is filled with
> > white hot magma and oil is not a fossil fuel but
> > has been... Brazil has estimated that it is fuel
> > independent for 100 years Now some of the
> > younger geophysicists are studying the effects
> > of the Deep Hot Biosphere ...
> > Mar 13 2007 by leonard7...@gmail.com
> > ~~~~~~~~~~~~~~
> > CLIMATE FACTS THE HYSTERICS WANT YOU TO
> > OVERLOOK
> > Brazil figures to get from_one_deep_well all their
> > supplies for 100 years or more and more to come.
> > They are drilling miles deep below the Atlantic
> > ocean floor. ... Known oil reserves have been
> > increasing as well
> >http://en.wikipedia.org/wiki/Oil_reserves
> > Why don't you educate yourself before you come back to ...
> > Jan 13 by leonard7...@gmail.com
> > ~~~~~~~~~~~~~~~
>
> > Brazil Oil Finds May End Reliance on Middle East, Zeihan Says
>
> > By Joe Carroll
>
> > April 24 (Bloomberg) -- Brazil's discoveries of what
> > may be two of the world's three biggest oil finds in
> > the past 30 years could help end the Western
> > Hemisphere's reliance on Middle East crude,
> > Strategic Forecasting Inc. said.
>
> Does that mean the US will invade them too.
>
** How stupid can you get?
    Extremely stupid it seems.
>
> > Saudi Arabia's influence as the biggest oil exporter
> > would wane if the fields are as big as advertised,
> > and China and India would become dominant
> > buyers of Persian Gulf oil, said Peter Zeihan, vice
> > president of analysis at Strategic Forecasting in
> > Austin, Texas. Zeihan's firm, which consults for
> > companies and governments around the world,
> > was described in a 2001 Barron's article as "the
> > shadow CIA.''
>
> > Brazil may be pumping "several million'' barrels of
> > crude daily by 2020, vaulting the nation into the
> > ranks of the world's seven biggest producers,
> > Zeihan said in a telephone interview. The U.S.
> > Navy's presence in the Persian Gulf and adjacent
> > waters would be reduced, leaving the region
> > exposed to more conflict, he said.
>
> > "We could see that world becoming a very violent
> > one,'' said Zeihan, former chief of Middle East and
> > East Asia analysis for Strategic Forecasting. "If
> > the United States isn't getting any crude from the
> > Gulf, what benefit does it have in policing the Gulf
> > anymore? All of the geopolitical flux that wracks
> > that region regularly suddenly isn't our problem.''
>
> > Tupi and Carioca
>
> > Brazil's state-controlled Petroleo Brasileiro SA in
> > November said the offshore Tupi field may hold 8
> > billion barrels of recoverable crude. Among
> > discoveries in the past 30 years, only the 15 billion
> > barrel Kashagan field in Kazakhstan is larger.
>
> > Haroldo Lima, director of the country's oil agency,
> > last week said another subsea field, Carioca, may
> > have 33 billion barrels of oil. That would be the
> > third biggest field in history, behind only the
> > Ghawar field in Saudi Arabia and Burgan in Kuwait.
>
> > Analysts Mark Flannery of Credit Suisse Group
> > and Gustavo Gattass of UBS AG challenge the
> > estimate for Carioca. Lima, the Brazilian oil
> > agency director, later attributed the figure to a
> > magazine.
>
> > Flannery told clients during an April 16
> > conference call that 600 million barrels is a
> > "reasonable'' estimate and suggested Lima may
> > have been referring to the entire geologic
> > formation to which Carioca belongs.
>
> > Supply Boost
>
> > Carioca is one of seven fields identified so far
> > in the BM- S-9 exploration area, part of a
> > formation called Sugar Loaf.
>
> > If additional drilling by Petrobras, as Petroleo
> > Brasileiro is known, confirms the Tupi and
> > Carioca estimates, the fields together would
> > contain enough oil to supply every refinery on
> > the U.S. Gulf Coast for 15 years. Petrobras
> > said it needs at least three months to
> > determine how much crude Carioca may hold.
>
> > Zeihan said that beyond supply gains from
> > Brazil, it will take a tripling of Canadian
> > oil-sands output and greater fuel efficiency to
> > end Western reliance on Middle East oil.
>
> > The U.S. imports about 10 million barrels of
> > oil a day, or 66 percent of its needs, according to
> > the Energy Department in Washington.
> > Saudi Arabia was the second-largest supplier in
> > January, behind Canada.
>
> > Persian Gulf nations accounted for 23 percent of
> > U.S. imports, compared with Brazil's 1.7 percent
> > share. Brazilian crude output rose 1.9 percent
> > last year to 2.14 million barrels, according to the
> > International Energy Agency.
>
> > "Hemispheric energy independence sounds a little
> > pie-in-the-sky given that this hemisphere already
> > is generating one- third of overall global demand,''
> > said Jason Gammel, an oil analyst at Macquarie
> > Bank Ltd. in New York. "It's pretty tough to talk
> > about self-sufficiency unless we were to see
> > food-based biofuels taking an even bigger role in
> > the next five to 10 years than is already mandated.''
>
> > Offshore Fields
>
> > Zeihan predicts a 2012 start to production at Tupi.
> > Technology needed to tap fields like Tupi, which
> > sit hundreds of miles offshore beneath thousands
> > of feet of rock, sand and salt, hasn't been
> > developed, he said.
>
> > Petrobras, Chevron Corp., Royal Dutch Shell Plc
> > and Norsk Hydro ASA plan to start pumping oil
> > from eight Brazilian fields in the next 2 1/2 years
> > that will produce a combined 1.02 million barrels
> > a day, enough to supply two-thirds of the crude
> > used by U.S. East Coast refineries.
>
> > More discoveries will follow in Brazil's offshore
> > basins, most of which have yet to be opened to
> > exploration, Zeihan said. Repsol YPF SA, Exxon
> > Mobil Corp. and Devon Energy Corp. are among
> > the producers scouring Brazil's waters for
> > reserves.
>
> > "The finds they've got so far are just the tip of the
> > iceberg,'' Zeihan said. "Brazil is going to change
> > the balance of the global oil markets, and
> > Petrobras will become a geopolitical supermajor.''
>
> > To contact the reporter on this story:
> > Joe Carroll in Chicago at jcarro...@bloomberg.net.
date: Thu, 24 Apr 2008 18:08:29 -0700 (PDT)   author:   unknown

Re: Brazil Oil Finds May End Reliance on Middle East   
leonard78sp@gmail.com wrote:

> On Apr 24, 8:43 pm, danny  wrote:
> 
>>leonard7...@gmail.com wrote:
>>
>>>I first posted this story 2+ years ago. Before you
>>>read the update, you might want to read some
>>>background
>>
>>>Unhinged global warming fanatics issue death
>>>threats to their ...
>>
>>>''The Deep Hot Biosphere" was published in '98
>>>and it claimed the crust of the globe is filled with
>>>white hot magma and oil is not a fossil fuel but
>>>has been... Brazil has estimated that it is fuel
>>>independent for 100 years Now some of the
>>>younger geophysicists are studying the effects
>>>of the Deep Hot Biosphere ...
>>>Mar 13 2007 by leonard7...@gmail.com
>>>~~~~~~~~~~~~~~
>>>CLIMATE FACTS THE HYSTERICS WANT YOU TO
>>>OVERLOOK
>>>Brazil figures to get from_one_deep_well all their
>>>supplies for 100 years or more and more to come.
>>>They are drilling miles deep below the Atlantic
>>>ocean floor. ... Known oil reserves have been
>>>increasing as well
>>>http://en.wikipedia.org/wiki/Oil_reserves
>>>Why don't you educate yourself before you come back to ...
>>>Jan 13 by leonard7...@gmail.com
>>>~~~~~~~~~~~~~~~
>>
>>>Brazil Oil Finds May End Reliance on Middle East, Zeihan Says
>>
>>>By Joe Carroll
>>
>>>April 24 (Bloomberg) -- Brazil's discoveries of what
>>>may be two of the world's three biggest oil finds in
>>>the past 30 years could help end the Western
>>>Hemisphere's reliance on Middle East crude,
>>>Strategic Forecasting Inc. said.
>>
>>Does that mean the US will invade them too.
>>
> 
> ** How stupid can you get?
>     Extremely stupid it seems.

I'm thankful at least that I'm not  nearly as
stupid as your president... now that is stupid.
> 
>>>Saudi Arabia's influence as the biggest oil exporter
>>>would wane if the fields are as big as advertised,
>>>and China and India would become dominant
>>>buyers of Persian Gulf oil, said Peter Zeihan, vice
>>>president of analysis at Strategic Forecasting in
>>>Austin, Texas. Zeihan's firm, which consults for
>>>companies and governments around the world,
>>>was described in a 2001 Barron's article as "the
>>>shadow CIA.''
>>
>>>Brazil may be pumping "several million'' barrels of
>>>crude daily by 2020, vaulting the nation into the
>>>ranks of the world's seven biggest producers,
>>>Zeihan said in a telephone interview. The U.S.
>>>Navy's presence in the Persian Gulf and adjacent
>>>waters would be reduced, leaving the region
>>>exposed to more conflict, he said.
>>
>>>"We could see that world becoming a very violent
>>>one,'' said Zeihan, former chief of Middle East and
>>>East Asia analysis for Strategic Forecasting. "If
>>>the United States isn't getting any crude from the
>>>Gulf, what benefit does it have in policing the Gulf
>>>anymore? All of the geopolitical flux that wracks
>>>that region regularly suddenly isn't our problem.''
>>
>>>Tupi and Carioca
>>
>>>Brazil's state-controlled Petroleo Brasileiro SA in
>>>November said the offshore Tupi field may hold 8
>>>billion barrels of recoverable crude. Among
>>>discoveries in the past 30 years, only the 15 billion
>>>barrel Kashagan field in Kazakhstan is larger.
>>
>>>Haroldo Lima, director of the country's oil agency,
>>>last week said another subsea field, Carioca, may
>>>have 33 billion barrels of oil. That would be the
>>>third biggest field in history, behind only the
>>>Ghawar field in Saudi Arabia and Burgan in Kuwait.
>>
>>>Analysts Mark Flannery of Credit Suisse Group
>>>and Gustavo Gattass of UBS AG challenge the
>>>estimate for Carioca. Lima, the Brazilian oil
>>>agency director, later attributed the figure to a
>>>magazine.
>>
>>>Flannery told clients during an April 16
>>>conference call that 600 million barrels is a
>>>"reasonable'' estimate and suggested Lima may
>>>have been referring to the entire geologic
>>>formation to which Carioca belongs.
>>
>>>Supply Boost
>>
>>>Carioca is one of seven fields identified so far
>>>in the BM- S-9 exploration area, part of a
>>>formation called Sugar Loaf.
>>
>>>If additional drilling by Petrobras, as Petroleo
>>>Brasileiro is known, confirms the Tupi and
>>>Carioca estimates, the fields together would
>>>contain enough oil to supply every refinery on
>>>the U.S. Gulf Coast for 15 years. Petrobras
>>>said it needs at least three months to
>>>determine how much crude Carioca may hold.
>>
>>>Zeihan said that beyond supply gains from
>>>Brazil, it will take a tripling of Canadian
>>>oil-sands output and greater fuel efficiency to
>>>end Western reliance on Middle East oil.
>>
>>>The U.S. imports about 10 million barrels of
>>>oil a day, or 66 percent of its needs, according to
>>>the Energy Department in Washington.
>>>Saudi Arabia was the second-largest supplier in
>>>January, behind Canada.
>>
>>>Persian Gulf nations accounted for 23 percent of
>>>U.S. imports, compared with Brazil's 1.7 percent
>>>share. Brazilian crude output rose 1.9 percent
>>>last year to 2.14 million barrels, according to the
>>>International Energy Agency.
>>
>>>"Hemispheric energy independence sounds a little
>>>pie-in-the-sky given that this hemisphere already
>>>is generating one- third of overall global demand,''
>>>said Jason Gammel, an oil analyst at Macquarie
>>>Bank Ltd. in New York. "It's pretty tough to talk
>>>about self-sufficiency unless we were to see
>>>food-based biofuels taking an even bigger role in
>>>the next five to 10 years than is already mandated.''
>>
>>>Offshore Fields
>>
>>>Zeihan predicts a 2012 start to production at Tupi.
>>>Technology needed to tap fields like Tupi, which
>>>sit hundreds of miles offshore beneath thousands
>>>of feet of rock, sand and salt, hasn't been
>>>developed, he said.
>>
>>>Petrobras, Chevron Corp., Royal Dutch Shell Plc
>>>and Norsk Hydro ASA plan to start pumping oil
>>>from eight Brazilian fields in the next 2 1/2 years
>>>that will produce a combined 1.02 million barrels
>>>a day, enough to supply two-thirds of the crude
>>>used by U.S. East Coast refineries.
>>
>>>More discoveries will follow in Brazil's offshore
>>>basins, most of which have yet to be opened to
>>>exploration, Zeihan said. Repsol YPF SA, Exxon
>>>Mobil Corp. and Devon Energy Corp. are among
>>>the producers scouring Brazil's waters for
>>>reserves.
>>
>>>"The finds they've got so far are just the tip of the
>>>iceberg,'' Zeihan said. "Brazil is going to change
>>>the balance of the global oil markets, and
>>>Petrobras will become a geopolitical supermajor.''
>>
>>>To contact the reporter on this story:
>>>Joe Carroll in Chicago at jcarro...@bloomberg.net.
> 
>
date: Fri, 25 Apr 2008 05:34:49 GMT   author:   danny

Re: Brazil Oil Finds May End Reliance on Middle East   
On Apr 25, 1:34 am, danny  wrote:
> leonard7...@gmail.com wrote:
> > On Apr 24, 8:43 pm, danny  wrote:
>
> >>leonard7...@gmail.com wrote:
>
> >>>I first posted this story 2+ years ago. Before you
> >>>read the update, you might want to read some
> >>>background
>
> >>>Unhinged global warming fanatics issue death
> >>>threats to their ...
>
> >>>''The Deep Hot Biosphere" was published in '98
> >>>and it claimed the crust of the globe is filled with
> >>>white hot magma and oil is not a fossil fuel but
> >>>has been... Brazil has estimated that it is fuel
> >>>independent for 100 years Now some of the
> >>>younger geophysicists are studying the effects
> >>>of the Deep Hot Biosphere ...
> >>>Mar 13 2007 by leonard7...@gmail.com
> >>>~~~~~~~~~~~~~~
> >>>CLIMATE FACTS THE HYSTERICS WANT YOU TO
> >>>OVERLOOK
> >>>Brazil figures to get from_one_deep_well all their
> >>>supplies for 100 years or more and more to come.
> >>>They are drilling miles deep below the Atlantic
> >>>ocean floor. ... Known oil reserves have been
> >>>increasing as well
> >>>http://en.wikipedia.org/wiki/Oil_reserves
> >>>Why don't you educate yourself before you come back to ...
> >>>Jan 13 by leonard7...@gmail.com
> >>>~~~~~~~~~~~~~~~
>
> >>>Brazil Oil Finds May End Reliance on Middle East, Zeihan Says
>
> >>>By Joe Carroll
>
> >>>April 24 (Bloomberg) -- Brazil's discoveries of what
> >>>may be two of the world's three biggest oil finds in
> >>>the past 30 years could help end the Western
> >>>Hemisphere's reliance on Middle East crude,
> >>>Strategic Forecasting Inc. said.
>
> >>Does that mean the US will invade them too.
>
> > ** How stupid can you get?
> >     Extremely stupid it seems.
>
> I'm thankful at least that I'm not  nearly as
> stupid as your president... now that is stupid.

** Look in your mirror to see what stupid is.
date: Fri, 25 Apr 2008 03:35:21 -0700 (PDT)   author:   unknown

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