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U.S. Dithers while World Feasts on New Energy Discoveries

javapoppa Wrote: Oct 04, 2012 12:05 PM
And at this time not a trace of the spill can be found. The cleanup efforts in Prince William Sound caused more danage than the spill itself.

Countries around the world are celebrating new oil and natural gas discoveries that hold the promise of greater prosperity for their citizens.

Argentina has just announced a find described by YPF CEO Miguel Galuccio as a “mother rock,” a shale formation that elevates the country to having the third largest shale energy potential behind the United States and China.

The new discovery of a 3.3 billion barrel oil deposit off Norway’s coast cements that nation’s claim to being Europe’s second largest oil producer.

In southwest Poland, San Leon Energy PLC drilled into a dolomite formation and discovered oil as it...

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