Cafe Talk | Talking Points Memo | sen. Landrieu claims China will be drilling closer to our coast than we will. True?

sen. Landrieu claims China will be drilling closer to our coast than we will. True?

By Gary Cohen - July 15, 2008, 3:55PM

I know there have been many posts about the misinformation regarding China, Cuba and drilling offshore.
As I understood, it, China is not, and will not be drilling offshore.
Can anyone shed some light on this?

Comments (3)

At the moment, Petroleos Mexicanos (Pemex) is facing a steep decline in production from their cash cow, the Cantarell oil field. They are looking for partners to find and exploit the deepwater Perdido fields in the Gulf of Mexico. US oil firms are already lined up to drill our side of Perdido in 2010. China has both the cash and the demand for oil, so it would make sense that such a partnership may be in the offing.

Pemex says there are at least two oil fields that straddle the border in the Perdido area, and that oil and natural gas could flow to U.S. wells unless Pemex starts to drill on its side of the border. These fields are under over 8,000 feet of water.
This is a problem for Pemex, which doesn't have the equipment or experience to drill in waters deeper than 3,000 feet.

http://www.rigzone.com/news/article.asp?a_id=63082

Posted by Donal
July 15, 2008 4:13 PM | Reply | Permalink

Let's just say that China is not drilling near our coasts, and Dick Cheney had to backtract after spreading the false rumor:

http://thinkprogress.org/2008/06/17/schmidt-china-drilling/

Posted by truthseeker77
July 15, 2008 7:44 PM | Reply | Permalink

Not yet, but it could happen.

Posted by Donal
July 16, 2008 7:27 AM | Reply | Permalink

Coming Soon	Nov. 30-Dec. 4
January 12-16

sen. Landrieu claims China will be drilling closer to our coast than we will. True?

Comments (3)

Post a Comment