Quote:
Originally Posted by TexasWSP
What?? Why would it take 10-20 years to find "equipment" needed to drill and produce oil? That doesn't make much sense to me. Maybe I missed your other post but that is somewhat puzzling.
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Brother;
You may have missed it either in this thread or another gas related one.
It would be kind of difficult to start looking for and drilling for oil off shore with out the deep sea boats used for that correct?!
Well, unless I heard incorrectly, those that do currently exist are fully committed and in use.
Rest are somewhere between design work and shipyards in China.
Add to that no up updates, expansion or new building of refineries and that is where the time frame comes into play.
Along with the fact, as I know it or understand it, that even if product is drilled off US shoreline, it could go anywhere.
Which then adds into mix problems with distribution and use by other counties.
Unlike wind or solar power.