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Maybe only 10-20 years left of oil drilling on land, but that even seems very far fetched after typing it...deep water is still in its infancy in comparison...per what I read.
Dont forget about the arctic -- countries are arm-wrestling for rights as the ice caps melt and uncover new grounds. They say its rich in oil...Kind of ironic though if you think about it...
Yeah, DJ, I read in the WSJ about a year ago about a fight brewing about who really controls what in the arctic.NE needs more more harsh weather rigs, LOL.