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Caribbean has overlooked hydrocarbon potential on North America’s doorstep

05/05/2008
That the Caribbean Plate formed in the Pacific is a 40-year-old idea, and there is much evidence that continental crust is abundant.Recent huge discoveries below salt in the Gulf of Mexico and Brazil show that much remains to be learned about deepwater areas. They also disprove the notion that the elephants have all been found.Another paradigm that needs to fall is the 40-year-old idea that the Caribbean Plate formed in the Pacific and migrated between the Americas. This understanding implies that the plate consists mostly of oceanic crust and volcanic arc rocks—not many think about hunting for oil in deep water here. However, there is much evidence (continental rocks, continental gr...
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