|Quoting Gkirk (Reply 8):|
When will the US go to war with Indonesia then?
|Quoting Singaporegirl (Thread starter):|
If this news turns out to be true, I sure hope that the money will go to the Indonesian people, instead of some multinational companies.
|Quoting YOWza (Reply 10):|
As for the oil, this could be used for so much good to help the country but I doubt the trickle down will happen as it should.
|Quoting Oly720man (Reply 9):|
This seems to be the lastest link.
BPPT and its German counterpart Bundesanstalt furGeowissenschaften und Rohstoffe recently said they found a massive store of underwater hydrocarbon, which may contain oil and gas, around Simeulue island in Ace
|Quoting Babybus (Reply 14):|
Quoting SBBRTech (Reply 13):
( 800 km long and 200 km wide with 8 billion barrels a least )...
And they only just found it?
|Quoting Baroque (Reply 17):|
As BPPT are thinking they might drill a FIRST well, there is NO discovery just a structure that might contain some fluids - could be oil, could be gas, but most are water.
|Quoting Baroque (Reply 16):|
If you read the Jak Pos article carefully, it says POTENTIAL RESERVE which means it should be POTENTIAL RESOURCE. In other words it might be there or it might not.
|Quoting YOWza (Reply 20):|
Corn is a great base for man made ethanol fuels. There' plenty of that above the ground in Nebraska.
|Quoting Baroque (Reply 17):|
Try looking up the pre-drill prognostications of any oil company that cares to tell you the potential of the sites they are drilling. There are hundreds in the billion potential range every week, but very few really ARE large discoveries.
|Quoting Cfalk (Reply 21):|
Ethanol causes even more CO2 emissions than gasoline, is highly inefficient (in terms of BTUs consumed in order to produce 1 BTU of energy in your car), and messes up food markets.
I have to say this though, it has been a fantastic success on the part of the Farmers' Lobby. Corn prices have gone from $1.50 to $5.00 in less than 3 years, in spite of the greatest corn crops in history.
|Quoting YOWza (Reply 24):|
The Brazilians have done very well with "gasohol" which is derived from corn.
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