Great Seas of fireThe Mexican catastrophe has been seized upon by environmentalists as one more reason to shut down the petroleum Industry. It never ceases to amaze me about their naivety. The fire was probably deliberately set by Pemex to avoid the much more deleterious effects of releasing methane to the atmosphere. Methane is at least 40 times more potent as a GHG than the CO2 released by burning the methane. From now on foreign companies will probably think twice before torching any leaks !!
This brings me to my main point. Venezuela . there is increasing talk about bringing Venezuelan oil to the market. Venezuela has always been exceedingly negligent in their petroleum operations. there is no sign whatsoever they would be about to change. Environmentalists who attack the Canadian Heavy OIl industry should think about the alternatives and get off their lofty perches looking down on the rest of Us !!