The Rising Influence of Rising Affluence

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IMO yes and only a tiny sliver of undersea canyons are affected and the blocks proposed by majors are not affected. Bloomberg has a map. Even in the Arctic, there would be plenty of state waters to go after if majors have the appetite. Statoil goes after wind offshore NJ/NY and goes after deepwater Pemex blocks. That's pretty good calibration of how risks will be spread for the next few years. And there are plenty of discoveries off both coasts of Africa awaiting risk capital as BP has done.

On a related topic, I saw a Toyota Murai this week. A bulky car that I would describe as a Camry after an allergic reaction. Where is the hydrogen station I wondered.