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China is Drilling Over 10,000 Meters into the Earth: Know Why?

China embarks on a remarkable journey to drill the country's deepest hole ever, potentially revealing priceless geological secrets and unlocking vast ultra-deep oil reserves., Technology & Science News, Times Now

Китай начал бурение в спорном Южно-Китайском море — США направили на место десантный корабль

Китай начал бурение в спорном Южно-Китайском море — США направили на место десантный корабль
nikvesti.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nikvesti.com Daily Mail and Mail on Sunday newspapers.

Кафе на Павелецкой площади опечатали за многочисленные санитарные нарушения

Кафе на Павелецкой площади опечатали за многочисленные санитарные нарушения
vm.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vm.ru Daily Mail and Mail on Sunday newspapers.

Detailed text transcripts for TV channel - FOXNEWS - 20110414:18:39:00

martha: eric. i think we should start with the first issue you pointed out. if there were more permits issued it wouldn t affect anything. look when george bush hreufpted the moratorium. it went to $33 a barrel in six months because the traders that you sight said you know what if there is more oil on the market that means there is no squeeze in the oil market there is no economic reason to drive prices up. prices will eventually come down. petrowski is right . traders look ahead that s why they are called futures traders they look down the road. more oil on the market means lower prices immediately. housing permit analogy exactly the same. permit more, prices come down. your drilling analysis, you point out if it s not us it s china drilling in the same water, it s 30 miles away. it may be even the same pocket of oil that we would be drilling. is it an environmental issue or

Detailed text transcripts for TV channel - FOXNEWS - 20110414:18:33:00

to u.s. laws and regulation and all the legal restraints that we put on the industry, appropriately put on the industry, or chinese nationals who are drilling off the coast of nigeria? whether it s from an environmental standpoint or economic standpoint this is a policy of drilling that has to be embraced. martha: you know, i ve made the argument that you just made about who you would trust to do this. because you do have china drilling. i think it s about 30 miles off the coast of cuba, right? correct. martha: within a very close distance too florida. a lot of people would turn that around and say, look what happened with bp. that was under our regulation and it was a disaster. disasters happen. we have coal mining deaths, we have airplane crashess, we lose 19,000 people a year on the roads. that s not to say we accept that. but the united states has a record of dealing with the regulation and over sights and correcting problems when they

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