Clement Malin's overview
Re: Clement Malin's "Petroleum industry faces challenge of change in confronting global warming" (OGJ, Aug. 28, 2000, p. 58).
Myanmar article corrections
Thank you for the opportunity to correct the record regarding the article entitled" Myanmar's Upstream Sector Hobbled By Pipeline Controversy, Poor E&D Results in (OGJ, June 26, 2000, p. 24).
Your "No time for energy policy" (OGJ, July 1, 2000, p. 21), deserved an immediate response, but I have been delayed by the pressing business of summer vacation.
Find oil in granite
Following the disclosure that except for Saudi Arabia, the OPEC countries are at production capacity or within 5% of it (The Economist, July 8, 2000, p. 60), and that Saudi Arabia has only 24% spare capacity left, one has to look for "new oil" big time. According to the Oil and Gas Journal, June 12, 2000, p. 77, China and other Asian countries have an oil demand up to three times higher than other countries. So, where to look for "new oil?"
Wanted: A few more good people!
We should all be happy, right? The rig count is over 1,000. Natural gas is over $5/MMcf. Oil is trading for $35/bbl.
Politics of global problems
I realize that we are still in the "silly season" when a paucity of newsworthy items often results in a proliferation of nonsensical reports and articles in the media.