Oil in the Bahamas - Potential Replay of BP/Gulf of Mexico?
Mention
the Bahamas to most people and you’ll get a sigh, followed by imagined
images of a tropical paradise surrounded by azure waters.That romantic
image may be about to change, perhaps for good. According to the recent
“Assessment of undiscovered conventional oil and gas resources of South
America and the Caribbean, 2012” report by the U.S. Geological Survey,
the region hold an estimated 126 billion barrels of oil and 679 trillion
cubic feet of undiscovered natural gas in 31 geologic provinces of
South America and the Caribbean.The…Read more...
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