The Next Trillion Barrels
The Rude Awakening
Thursday, October 18, 2007
- Grab your lab coats...welcome to the next generation of the oil biz,
- Record highs for black goo spur innovation,
- Carbon sequestration, 4D seismic imaging and other breakthroughs
Joel Bowman, reporting from the Arabian Peninsula...
Today, we have an increasingly volatile situation between Turkey and the Kurdish rebels inside northern Iraq contributing to skyrocketing prices. That's on top of the ongoing situation in the rest of Iraq.
As resident oil and energy expert, Byron King, explains below, the methodologies of the future are sure to excite and intrigue. So, grab your lab coats and your hard hats as we take a look at the great global grab for the next trillion barrels. Enjoy...