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Old 19-04-2008, 12:44 PM
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RalphJ RalphJ is offline
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Quote:
Originally Posted by Dotty View Post
There was talk today on CNN that maybe this was a political piece of hype from The Lula Party and it will take between 2/3 years to know the real quantity of petrolium at present they actually do not know.Considering Brasil produces petrol,prices are mighty high here and with the Lula PARTY IF THE FIND IS TRUE he will put the price up .Hes not very good at Math.
They've already received quite a bit of criticism for having a "porta voz" publicly declaring the size of the oil field, which then affected stock prices in several different companies, brazilian and european, when in reality they do not know the actual size yet. Whatever the size is of this find, 55-60% of it is owned by two european companies, one being british, the rest by petrobras.
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