"A deep-water exploration area could contain as much as 33 billion barrels of oil, an amount that would nearly triple Brazil's reserves and make the offshore bloc the world's third-largest known oil reserve, a top energy official said Monday...First, take a moment to reread Roger Reads job description and soak in any biases that he may have.
"This would lay to rest some of the peak oil pronouncements that we were out of oil, that we weren't going to find any more and that we have to change our way of life." said Roger Read, an energy analyst and managing director at New York-based investment bank Natixis Bleichroeder Inc., which buys and sells stock in offshore drilling contractor Seadrill, a Petrobras contractor." (News.Yahoo.com)
Now, continuing on; so we find a little bit more oil and we buy ourselves some more time for what? So we can continue living extravagant wasteful lifestyles, raping the world to feed our addictions, and not have to worry about changing?
I say praise God that we can delay the inevitable a little bit longer to make the transition to a more responsible way of life. But if you read something like this and it reaffirms your complacency, simply put, it is irresponsible to the generations that will follow.
There aren't to many ways to spin this.
Not only is it short-sighted, it is selfish to make excuses for why we have a right to retain a lifestyle that 95% of the world could never dream of. I worry the only force powerful enough to ween us of our luxuries addictions is the limitations of nature. Someone dies every 3.6 seconds because of disease that could be easily avoided if they only had access to clean drinking water. Is this not a powerful enough motivator to practice some good old self restraint?
As a Christian, this shakes me; to the very foundation of my existence. I believe we have a greater purpose to live for then the empty luxuries of America.
As a Christian, I must not be complacent with the extravagant lifestyle I am offered.
As a Christian, I must put myself on a trajectory of a lifestyle of continually living with less excess (I will be touching on this more in a later post).
As a Christian, I must be seeking to be satisfied more and more in Christ.
It is worth mentioning also, that it has been common knowledge that there are massive unexplored oil reserves in the ocean. The hard part is extracting it at a feasible cost. The cost to energy ratio will never be anywhere near the levels we enjoyed when you could just stick a pipe in the ground and oil came out. And at some point, the cost of energy to extract the oil makes it unprofitable.
So in this day, with $4.00 a gallon on the horizon for the summer, I can understand why this is welcome news. But in the bigger scope of things, it changes absolutely nothing. Do not let it lull you into blind complacency.
Because this is the future; an article on the BBC (Again, something else worth noting, I could find no mention of this in any of the American media outlets) released today titled "'Threat' to future of Russia oil".
"One energy expert said the Russian industry was now acknowledging a crisis which had been evident to independent observers for several years.That is the undeniable future of oil, no matter how much is still in the ground; anywhere.
"We now see production peaked last year," Mikhail Kroutikhin, editor in chief of the Russian Petroleum Investor told the BBC.
"I believe the decline will continue for quite a number of years." (news.BBC.co.uk)
That, my friends, is why I don't care how much oil was discovered in Brazil.