Friday, November 9, 2007

Oil Supplies

I saw in the news today that there was a huge oil discovery off of the coast of Brazil. Oil Discovery Rocks Brazil

Estimates are about 5 to 8 billion barrels.

So, our energy problems are over, right?

Well, I looked up how much oil we use in this world each day.

About 80 million barrels.

So, we'll burn through the equivalent of this huge find between now and the middle of next February.

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