Chevron-Led Team Discovers Billions of Barrels in Gulf of Mexico’s Deep Water
The Jack No. 2 test well lies about 175 miles off the Louisiana coast and is half-owned by Chevron. The other half is split between Devon Energy and Statoil.
By Steven Mufson
Washington Post Staff Writer
Wednesday, September 6, 2006

An oil discovery by Chevron Corp. has bolstered prospects that petroleum companies will be able to tap giant reserves that lie far beneath the deep waters of the Gulf of Mexico.

Check out the entire article here.

Seems there is more oil around here to add jobs, bolster the economy and improve our security.

One Response to “U.S. Oil Reserves Get a Big Boost”

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