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Old Jun 25, 2008, 12:05 am   #34 (permalink)
Rainbow
Volcanic Erupter
 
Posts: 3,465
There is plenty of oil within waters around the globe. (Some guys estimate, that it tops the Middle-East region, several times.)

2 major aspects to be considered :
- technology
- environment
We are (still) lacking technologies to expoit those points at acceptable and/or reasonable costs.
Some of those oil points, are ready to expoit.
Some of those oil points, have been capped, waiting for new technologies.

With "Global Warming" into effect, we need to start developing technologies that would not affect environment so heavily, since it worsens the climate around/within Earth.
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