And if we've discovered a field/well that produces 50-70 thousand barrels a day, we should be celebrating.
We haven't. If we've found one that's producing 20,000/bpd we should be pretty darn happy about that. I worked in the oil fields, for 10 years, and out in the gulf, in the Mississippi canyon where this well is, on a drillship, owned by Transocean before they were Trans Ocean. They were Sonat before that, the Offshore Company before that.
Now, I haven't worked in that field since 1979. I spent all my money doing that paying for flight school to follow my dream and I was a peon roughneck during that time, but I know something about the oil bidness. My old man, his old man, my moms dad, his dad, his dad...all in the oil biz. I still get the checks from their work via royalty.
I have much respect for those in the oil business, as I do coal miners and the like. People who 'the public' tends to hate. A public who has never knocked out a hard or dangerous day of labor in their lives, much less years, so pukes can drive their cars to protests and live in air conditioned homes and work in air conditioned office buildings..etc..etc.
If you hate big oil so much, quit using their ing product.

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