TFA: The secretary of the Louisiana Department of Natural Resources, Scott Angelle called it "a great day for the Gulf of Mexico offshore energy industry and a great day for America."


Ohh when will Louisiana learn? :(

It sounds so simple I just got to go.

yes, yes.

lets continue to pollute the planet and postpone the inevitable a little while longer.

all glory to the almighty dollar!

Show us your Marx: Ohh when will Louisiana learn? :(

"The oil industry employs about 58,000 Louisiana residents and has created another 260,000 oil-related jobs, accounting for about 17% of all Louisiana jobs."

Uh oh. That deposit is under 7,000 feet of water. Guess the oil companies are going to have to raise gas prices.

I am sure our government will make sure we will not be able to drill it. Every other country will, but for whatever reason Obama and company will make sure we can't use it.

ExxonMobile reports huge oil discovery in Gulf of Mexico that isn't from the BP spill

....in bed

Show us your Marx: TFA: The secretary of the Louisiana Department of Natural Resources, Scott Angelle called it "a great day for the Gulf of Mexico offshore energy industry and a great day for America."


Ohh when will Louisiana learn? :(

I had no idea Craig Ferguson was writing speeches for the Oil Industry these days.

Sardonic_Padre: yes, yes.

lets continue to pollute the planet and postpone the inevitable a little while longer.

all glory to the almighty dollar!

1/10.

Sardonic_Padre: yes, yes.

lets continue to pollute the planet and postpone the inevitable a little while longer.

all glory to the almighty dollar!

obvious troll is obvious

Quickly, Robin! To the Exxon Mobile!

Awesome! Gonna let my car run all day in the parking lot in celebration!

Tuesday : Oil slick discovered in gulf fishing grounds.

Wednesday : Huge oil discovery in gulf.

I suspect we've entered a temporal causality loop.

Good thing it's the law that oil extracted from our waters can only be processed into gasoline and sold to Americans.

Clearly, this will solve the increase in gas prices. There is no way speculators won't jump on this like a fat kid on a cake, and there's no way any company that drills won't sell much of it to China and India.

Huzzah!

JackieRabbit: Uh oh. That deposit is under 7,000 feet of water. Guess the oil companies are going to have to raise gas prices.

Why even bother with the rest, any more?

700 million barrels at the site
US consumption:18.6 million per day

thats 37.6 days of oil!

oh, wow. we're saved!

Sardonic_Padre: yes, yes.

lets continue to pollute the planet and postpone the inevitable a little while longer.

all glory to the almighty dollar!

Aarontology: Good thing it's the law that oil extracted from our waters can only be processed into gasoline and sold to Americans.

Clearly, this will solve the increase in gas prices. There is no way speculators won't jump on this like a fat kid on a cake, and there's no way any company that drills won't sell much of it to China and India.

Huzzah!

Why do you hate 'murkuh?

This is fortunate for ExxonMobile. I wonder if ExxonMobil knows anything about it.

700 million barrels is 35 days of supply to the US. Hardly a big discovery...

The oil giant says a new well in 7,000 feet of water

And if something happens and that well blows a leak, you can stop it quicker than in 3 months time, right? I mean, there are new methods to capping these things now after we learned our lesson and spent time and all of those record profits you earned on research and development to prevent these tragedies, right?

I mean Exxon, you alone made $11 Billion in profit last quarter. Surely you spent lots of money on this, right?

What's the big deal? Obama will just give it to the Chinese, or Cubans.

Quick, lets give it away to the Chinese!

Iblis824: Show us your Marx: TFA: The secretary of the Louisiana Department of Natural Resources, Scott Angelle called it "a great day for the Gulf of Mexico offshore energy industry and a great day for America."


Ohh when will Louisiana learn? :(

I had no idea Craig Ferguson was writing speeches for the Oil Industry these days.

What Scott Angelle might look like:

Terryg999: What's the big deal? Obama will just give it to the Chinese, or Cubans.

10 seconds.

lennavan: The oil giant says a new well in 7,000 feet of water

And if something happens and that well blows a leak, you can stop it quicker than in 3 months time, right? I mean, there are new methods to capping these things now after we learned our lesson and spent time and all of those record profits you earned on research and development to prevent these tragedies, right?

I mean Exxon, you alone made $11 Billion in profit last quarter. Surely you spent lots of money on this, right?

Yes, there are several companies now offering ways to cap wells.

If you do some research, you'll find that BP is something of a pariah within the industry because of its poor maintenance and safety practices.

it's very amusing that as soon as "oil"is mentioned trolls flock to it like stds on a hooker?

emersonbiggins: This is fortunate for ExxonMobile. I wonder if ExxonMobil knows anything about it.

I just switched my phone from TMobile to ExxonMobile.

Hebjamn 2011-06-09 12:39:21 PM
Tuesday : Oil slick discovered in gulf fishing grounds.

Wednesday : Huge oil discovery in gulf.

I suspect we've entered a temporal causality loop.

YAY!?

The secretary of the Louisiana Department of Natural Resources, Scott Angelle called it "a great day for the Gulf of Mexico offshore energy industry and a great day for America."

We've certainly lowered our standards for "great day for America" since V-J Day.

I expect gas to be under $2 on the way home now.

Don't worry. Obama won't let us drill it, and China will be glad to come in and take it.

WOW! That's almost 30 days worth of US oil consumption!

Lando Lincoln: TIKIMAN87: 700 million barrels is 35 days of supply to the US. Hardly a big discovery...

But it's the biggest in 10 years.

But we're not running out of oil.

The ones that believe the latter can't fathom the conflict with the former.

godhatesu: 700 million barrels at the site
US consumption:18.6 million per day

thats 37.6 days of oil!

oh, wow. we're saved!

Beat me to it

The funny part is that people think America doesn't produce enough oil:


Maybe, just maybe, the problem lies with consumption . . .

are oil companies just modern terms for Annunaki?

Use it up as soon as possible. We won't need it later.

So what?

Not only is this not a ton of oil, the fact that they're touting this discovery as a big deal shows just how much oil has dwindled as a resource. What people don't understand is that during, say, the 70's, oil companies would collectively make 20 or 30 discoveries like this a year. THAT is what would be needed to keep up with demand. Oil field discoveries have been going down every year since like the eighties, though.

This field, even though somewhat sizable as oil fields these days go, makes basically zero difference in anything except Exxon's pocketbooks. So, good for investors, meaningless for everyone else.

"The oil giant says a new well in 7,000 feet of water reportedly has the potential to deliver more than 700 million barrels of oil."

OoooOOHH YES!!!

Deeper baby... deeper...DEEPER!!!

MrSteve007: Maybe, just maybe, the problem lies with consumption . . .

You and your wild ideas.

NittLion78: MrSteve007: Maybe, just maybe, the problem lies with consumption . . .

You and your wild ideas.

Yeah, that mindset only works with taxes.

EPA and Sierra Club discover that Exon discovers huge oil deposit in Gulf of Mexico.


Never mind...