WATCHING THE WORLD OIL, POLITICS MIXTURE REMAINS STRONG

With David Knott from London When Mackay Consultants, Inverness, U.K., compiled a report on worldwide offshore prospects recently, the dragnet caught just about everywhere with hopes of holding offshore oil. A glance through the list of "hopefuls" shows the well known pairing of oil prospectivity with hostile climate and/or sensitive political situation is set to continue.

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