Wow. I bet. You work offshore? I forget all the assets they sold. I feel like that block will be forever cursed. They should probably throw a Tony Hayward voodoo doll in the water before they drop the BOP next time they drill there.

This is incredibly stupid marketing. And I don't want to sit next to anyone that responds to it on a plane.

Go chew on your tinfoil hat!

They publish this every July. An oil company is the only entity that really is in a position to make a decent estimate.

Not really. DeBeers is basically a monopoly and is able to manipulate prices. BP doesn't have much incentive to publish incomplete data. This is basically so everyone can wrap their head around what's known. And the 53 year number is really just to put reserve numbers in some sort of context.

BP still owns it. This map shows every lease block, owner and every currently confirmed discover plus pipelines. And just a heads up, it's a massive pdf. http://www.offshore-mag.com/content/dam/of…

Covering the energy industry from the finance side, the major integrated oil companies take renewables more seriously than people give them credit for. They really aren't anti-renewables as many think either. BP's slogan used to be "Beyond Petroleum" because they invested rather heavily in renewables at least…

Depends on their consumption and economic growth assumptions.

Yeah, we don't have them down here. A friend said she went to Wawa and I was like wa what? It reminds me of the teacher in Charlie Brown.

Dunno. I just dislike them.

I can't read the name Wawa without laughing.

Ohio and Mississippi are still fair game.

Tire competition would be great. Out of curiosity, do you know why Michelin stipulated 18" in particular? I'm guessing there's an engineering reason behind it but no idea what it could be. 19" or 20" seem too big as there'd be hardly any sidewall unless tires were even bigger.

I like them.

Whaaaaat. That would be wild.

True. I'm just kidding around.

Idea: spinners that act as a fan to cool the brakes since they'd keep some momentum as the cars slow into corners.

TSLA share price volatility is always the lulz.

all these blue lines are natural gas pipelines.

Gotcha. I wonder what assumptions they were using for prices given that's the spread needed.