Replies to post #48590 on ERHC Energy Inc (ERHE)

[mrogop]

tfa:

the technology to go sub-salt is here and being used (this is the application mentioned in the article or an offshoot)....deposits of salt reeked havoc with standard seismic gathering and interpretation but, as always, the industry figured out how to best these obstacles...the oil and gas industry is one of the most advanced technological realms on this planet. The U.S. multinationals are the very best there is and always advancing because guys and gals are encouraged to think and improvise and, in a global free market, it is imperative for survival and growth ...xom's quick drill program is another example along with slb's mwd product which was developed and introduced in Sugarland, TX (yes, maestro, i realize slb is french but their main R & D effort is here in TX.)

as i have said before, several times, the current "shortage" is temporary and peak oil is a myth...this time the producting nations have s t in their messkits....the conservation, alternative fuels momentum has started and the genie is out of the bottle....remember, mullah, imman, and tinhorn dictators you cannot drink it or eat it, so began to determine it's use 15 years from now...isn't it ironic cuba may enter the oil producer era just as the era ends...