Friday, February 11, 2005

"Energy Challenges" alright.

As part of my research, I checked out ExxonMobil's [Great quarter, guys! - do they say that on the conference call like they used to with the .coms?] web site where they report under "Energy Challenges" that we need 78 million barrels of oil a day. Uh, folks, it's actually something like 83 million barrels a day now. And growing. But hey, the page says 2001 and they've apparently been busy. But not too busy as they've decided to stop drilling the Nakhichevan field in an area of the Caspian Sea after failing to find much. The Caspian Sea is another of the world's more promising areas. We think..