Russia's petro-giants, GAZPROM and LUKOIL, along with Venezuela's PDVSA, recently agreed to form what will be the largest oil consortium in the world.
CENTERFORSECURITYPOLICY: The Russian-Venezuelan strategic alliance
With 133 billion barrels of proven reserves, it is the world's second-largest petro nation, after Saudi Arabia.
"There's no physical difference in the moon, " said Noah Petro, scientist for the Lunar Reconnaissance Orbiter at NASA's Goddard Space Flight Center in Greenbelt, Maryland.
De Margerie says that what he likes about Fort Hills is Petro-Canada's vast oil sands experience.
Petro-Canada's chief Ron A. Brenneman declined to comment on Total's potential involvement in the Fort Hills project.
Indeed, Andy Petro of NASA's technology office in Washington, DC, says power beaming might change the economics of space exploration completely.
Oil sands observers think Total wants Fort Hills bad enough that it will pay up to buy out both UTS' and Teck Cominco's stakes in order to partner with Petro-Canada one-on-one.
It's a situation that's difficult to understand considering Venezuela is a petro-state with the largest proven reserves of oil on the planet.
Given the petro-background of many of Mr Bush's men, such persuasion should mute objections from those in Washington who want to change the regime in Libya before dropping sanctions or restoring ties.
Oil's 60% decline from its peak also suggests a large decline in the amount of petro dollars flowing to the oil producers.
" Malpass is optimistic about growth: "The huge new pools of liquidity--in corporations, central banks, petro-dollars, private equity, hedge funds, foreign savings and the U.S. household sector (the largest pool of liquidity by far)--will take time to use up.
Brooklyn teenager Chanel Petro-Nixon left her family home at 6:30 p.m. on Father's Day 2006, to walk to an Applebee's restaurant a few blocks away.
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