Personally, i think this is a golden opportunity for the Bahamas - the one chance to prop up the creaking economy and provide decent services for the population.
Lets just remember, there have been about 10 wells drilled in our waters over the past century with no spills.
Thousands of wells also drilled globally each year, again with no spills.
" The fortunes of The Bahamas are right in front of us. The sun, sea, sand, tourists, Clean clear water, healthy air to breathe and clean water to drink ".
Our country is drowning in debt and the economy is in tatters - tourism is simply not enough to sustain current spending levels.
A single drill for oil last 2 months and is will not harm the environment. There may not be oil there!! ... that's why we need to find it.
The Bahamas needs to drill one well to confirm if the vast amounts of oil are actually in place - all the work done to date is encouraging and would transform the country on a successful drill.
Examples - hitting 2-3 billion barrels of oil that are recoverable offshore near Andros. Confirmed by independent experts and backed up by 3D data. It’s all on the BPC website.
This could turn the fortunes of the Bahamas round within a year.
using modern technology there are very minimal risks for one single drill. Lets not forget that any potential drill will be the 9th or 10th drilled offshore in the last century - all the others had no impact.
I would be in favour of a drill for the huge economic upsides that are possible.
If its only one oil well to be drilled, under modern safe regulations i really don't see what the problem will be. It could transform the economy and provide many jobs.
Bahama7 says...
Personally, i think this is a golden opportunity for the Bahamas - the one chance to prop up the creaking economy and provide decent services for the population.
Lets just remember, there have been about 10 wells drilled in our waters over the past century with no spills.
Thousands of wells also drilled globally each year, again with no spills.
With modern technology , what is the issue??
On Gov't urged: 'Step into light' on oil exploration
Posted 2 May 2018, 4:16 a.m. Suggest removal
Bahama7 says...
" The fortunes of The Bahamas are right in front of us. The sun, sea, sand, tourists, Clean clear water, healthy air to breathe and clean water to drink ".
Our country is drowning in debt and the economy is in tatters - tourism is simply not enough to sustain current spending levels.
A single drill for oil last 2 months and is will not harm the environment. There may not be oil there!! ... that's why we need to find it.
On Oil explorer's licence' under consideration'
Posted 20 April 2018, 8:02 a.m. Suggest removal
Bahama7 says...
The Bahamas needs to drill one well to confirm if the vast amounts of oil are actually in place - all the work done to date is encouraging and would transform the country on a successful drill.
On Oil explorer's licence' under consideration'
Posted 19 April 2018, 6:25 a.m. Suggest removal
Bahama7 says...
Are (economic benefits) likely - YES
Examples - hitting 2-3 billion barrels of oil that are recoverable offshore near Andros. Confirmed by independent experts and backed up by 3D data. It’s all on the BPC website.
This could turn the fortunes of the Bahamas round within a year.
On Oil explorer's licence' under consideration'
Posted 18 April 2018, 1:56 p.m. Suggest removal
Bahama7 says...
using modern technology there are very minimal risks for one single drill. Lets not forget that any potential drill will be the 9th or 10th drilled offshore in the last century - all the others had no impact.
I would be in favour of a drill for the huge economic upsides that are possible.
On Oil explorer's licence' under consideration'
Posted 18 April 2018, 8:21 a.m. Suggest removal
Bahama7 says...
Hopefully Shell will drill for oil with BPC soon....
On Shell HQ relocation gives Gov't big boost
Posted 17 April 2018, 5:57 a.m. Suggest removal
Bahama7 says...
If its only one oil well to be drilled, under modern safe regulations i really don't see what the problem will be. It could transform the economy and provide many jobs.
On AG: Only two decades to consider oil production
Posted 11 April 2018, 11:47 a.m. Suggest removal