mentor
9:49 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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As if southern England wasn't rich enough.
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Dan M
9:48 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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"Of course the nuclear deal with Ian plays into this as well"
Beale?
McKellen?
Ormondroyd?
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Gavros
9:43 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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and of course Israel hates that because they dont want a nuclear escalation in the middle east.
Netanyahu promising to kill the deal was a remarkable admission of the power of the Israel lobby in US politics. The idea that a foreign power could overrule the US executive... remarkable.
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Gavros
9:40 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Of course the nuclear deal with Ian plays into this as well. If the Iranians start getting exports flowing again while domestic demand drops because of the switch to nuclear power, then that'll whack the saudis. i think its the start of Irans rapprochement with the west.
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Iron2010
9:40 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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But what about Dicksie3's Arabs ? Our clubs doomed the Druids have planted liquid gold in Sussex !
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Capitol Man
9:39 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Our arms manufactures will be fucked if the Saudis run out of money.
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BRANDED
9:36 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Saudis do love our super cars though?
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BRANDED
9:36 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Please let the Scottish fuck off and let this happen.
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Gavros
9:32 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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No the important point about it would be that we would no longer have to treat them so nicely, because they dont hold the balance of power in energy (they already are losing it hence the oil price fall). When we dont have to keep playing nice with them, we can start to deal with them as adults.
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Capitol Man
9:27 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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But if it's not replenished and they decide to go to war all over the region. We can hope I suppose.
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Gavros
9:24 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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theyve still got shit load of money in their sovereign wealth funds, theyve not been totally wasteful with it.
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Iron2010
9:22 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Be lovely if we could become self sufficient here. I wonder if the Scots would still want independence !
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Capitol Man
9:21 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Be interesting to see what happens to them once the oil boom is over. Not sure it's a good thing though.
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Gavros
9:14 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Lets hope to fuck they are. Saudi is primarily responsible for the wave of Islamism the world has had to deal with these past years. A country that has no bargaining chips anymore is a country that we can start whacking about like they deserve.
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1985
9:13 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Claret Badger 5:05 Thu Apr 9
Re: 100bn barrels of oil under gatwick
If JR Ewing came down to Dorset and started digging around my back garden with a spade, I'd shout 'Oi, Ewing. NO!! Pick up your ten gallon hat and fcuk off back to Texas in a timely manner!!
Leave MY county of Dorsetshire alone, I tell thee. There's no oil here, it's all in Devon.
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Capitol Man
9:10 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Gavros 9:05 Thu Apr 9
Re: 100bn barrels of oil under gatwick
Thing is they are still fucked because shale production is getting massively more efficient.
All you've seen in the US is the less-efficient rigs being washed out the system while production of nat gas and oil continues to rise.
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Capitol Man
9:08 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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I'm not sure why people are so against fracking. Sure there are some risks, but they can be mitigated. The alternative is continuing to funnel cash to the Middle East and Russia until renewables dominate perhaps starting 20 years out.
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Gavros
9:05 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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this might provide your answer
http://www.eia.gov/analysis/studies/worldshalegas/
Basically there's shit loads of it around the world, though if correct this is a big one.
In fact the reason why oil prices have fallen so much is that the Saudis have decided they want to kill the shale business before it starts, otherwise they and the other oil producers will be fucked. So theyve driven down the price of oil to a level they believe that makes it non-profitable to open up new shale sites.
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David L
8:58 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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Fracked not franked. It's not a bleeding postcard is it?
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David L
8:57 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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It's not going to be franked. It's a conventional well that's been drilled, according to the CEO of the company that found the oil. Their shares went up 300% today by the way....
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Iron2010
8:49 Thu Apr 9
Re: 100bn barrels of oil under gatwick
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The soil types that the oil is found in is obviously vital to this. Hopefully Oklahoma USA and Crawley have very similar geological environments that make the oil unique to them. Leaving for example Germany and France without.
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