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Old 07-04-08, 09:37 AM   #2 (permalink)
GottaHurt
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Re: Media misrepresentation of energy issues

Agreed, the media and their scare tactics.

I keep hearing 10-15 years to get oil wells online. What a load of crap.

Working on a platform measuring nearly twice the height of the Empire State Building poses plenty of risks, as the team building Petronius found out the hard way. Work on the platform began in 1997, and in December 1998, one of the two 2.25-in. cables being used in construction snapped, sending a $70 million section into the side of an installation barge before plunging to the gulf floor. Salvaging the project wasn't easy, but on May 4, 2000, the second of two decks was completed, and Petronius began pumping in late July.

Giant Oil Platforms - Popular Mechanics

That platform is in the Gulf of Mexico, land based ones should easily go up in less time.

If we can't believe the media and the naysayers on the time it takes to get a platform online, then why should we believe them on yield and financial impact?
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