re: #239 Rightwingconspirator
You neglect how speculators run up the price based on far less than that. Yet I suppose they would ignore real efforts to get more of our own wells online.
The point is that there is just not that potential offshore. Reserves of 2% as part of the world total is a popcorn fart for the oil companies.
Now, *onshore* is a different story. And they are drilling the *shit* out of that. That’s where the money is.