Brazil discovers new oil!

@estherlou (5020)
United States
November 11, 2007 9:04am CST
They have discovered a new oil field off their coast. It could hold as much as 8 billion gallons of oil and puts them among the top 10 oil producers in the world! Wow! Great for them. And maybe for us too. Another country to get oil from that is not in the middle east! That can only be good for all of us! http://www.cnn.com/2007/WORLD/americas/11/08/brazil.oil.ap/index.html
3 people like this
4 responses
@poohgal (6848)
• Singapore
11 Nov 07
Wow. That's great news for the world and for Brazil too. Despite that, we should still try out best to conserve energy. No matter what, oil is a non-renewable source of energy. Once used up, it takes an extremely long time to be formed again. Anyway, hopefully, this will help to bring in good income for Brazil and the government can make good use of the income to solve the poverty problem in Brazil. Maybe they can learn from countries like Brunei.
2 people like this
@faith210 (11233)
• Philippines
11 Nov 07
Hi estherlou! Wow, that is very fortunate for the Brazilians and good news to all of us all who get oil mainly from the middle east. I have a friend who lives in Brazil and I am very happy for her and her country. I sure hope this good news will alleviate the standard living of so many Brazilians. I hope other oil fields can be discovered on other nations as well. Take care and have a nice day.
@Thoroughrob (11750)
• United States
12 Nov 07
I sure hope that helps the gas cost to come down, but I doubt it. They think nothing of raising the price, but it doesn't go back down to where it was ever.
@terri0824 (4991)
• United States
11 Nov 07
I would say this is like finding a gold mine. That's awesome. Especially in this day and time someplace else to get oil from besides depending on the middle east.