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September 21, 2007

The risk of exploration

oil_rig%20offshore_calm_sea.jpgNeed a refresher course on just how risky it is exploring for oil and gas?

If so, check out this Wired article on Chevron's venture to drill for oil 30,000 feet under the Gulf of Mexico.

I don't know about you, but I think the folks investing in such ventures deserve every penny of profit that is may be generated from them.

Posted by Tom at September 21, 2007 12:00 AM

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