Exxon and its partners are constructing a massive platform that will sit on the ocean floor and rise more than 300 feet to the surface, then an additional 300 feet above the water. The structure is almost as tall as the Eiffel Tower, and weighs more than twice as much as the Empire State Building. Full funding for its construction was announced earlier this month.
Canada has permitted the $14 billion project to move forward and offshore drilling advocates say the US should follow suit by opening its North Atlantic waters to oil drilling as well, critics and environmentalists say that oil companies have proven over and over again that they are simply not equipped to deal with the dangerous conditions.
http://money.cnn.com...shore-drilling/
http://www.commondre...ne/2013/01/17-2
I have to say that Canada's environmental policies of late coupled with drastic cuts in environmental process and oversight show a blatant disregard for the environment that´s disgraceful IMO and sooner or later many will pay the price for it.
Exxon constructing massive platform
Two hundred miles southeast of Newfoundland
Started by jugoso , Jan 18 2013 06:48 AM
Started by jugoso , Jan 18 2013 06:48 AM
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