In Mideast Desert, a Risky, Costly Hunt for Heavy Crude

Saudi Arabia and Kuwait have embarked on a risky, expensive hunt for heavy crude—and that might be a bad sign for global oil supplies. For decades these countries have fueled the world with its easy-to-drill light oil supply, but now those reserves are drying up, one Middle East energy…

See the original post here:
In Mideast Desert, a Risky, Costly Hunt for Heavy Crude

Posted by on May 24, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.