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From CNN:
The massive find of conventional oil on state land could bring relief to budget pains in Alaska brought on by slumping production in the state and the crash in oil prices.
The new discovery was made in just the past few days in Alaska's North Slope, which was previously viewed as an aging oil basin.
[...] "The interesting thing about this discovery is the North Slope was previously thought to be on its last legs. But this is a significant emerging find," Repsol spokesman Kristian Rix told CNNMoney.
Of course, this news won't ease rising concern among investors about the stubborn glut of oil in the U.S. There are increasing signs that shale oil producers are preparing to ramp up output after surviving a two-year price war with OPEC.
It's a gift from $DEITY! Who needs renewable energy when we just keep finding oil! Right?
(Score: 0) by Anonymous Coward on Sunday March 12 2017, @10:08PM
I dislike nukes in general but the notion of a nuke which -consumes- the waste of previous fission plants (tens of kilotons, so far) is interesting.
Too bad we won't see that in our lifetimes.
Who is going to lay out that kind of cash for the first of its kind?
...especially in the middle of a worldwide depression which is still spiraling downward, with another crash likely.
...and history says that it takes a decade to build a nuke.
By then, renewables will have become so affordable and widespread that new nukes won't be viable.
[1] I like sites that have a Skip to main content link as the first thing on their pages.
Now all they need is a guy who knows how to do that PROPERLY.
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