[Lee]

Originally Posted by Hog

Plus it's been reported that BP have just discovered a huge new reserve somewhere off the Gulf of Mexico I believe.........

There is loads of oil out around Brazil etc, in the last month alone we have had 2 facilities go online, the biggest problem companies have had in the past has been the depth of the water they can extract oil from. One of the ones we have just put on line is drilling from a sea bed depth of over 2600m which is a fair depth, its the deepest in the world right now.
I also agree that yes it would be great to have a technology that can be 'green' (if your that way inclined) and can give you a 200m range etc, the fact of the matter is at the moment they can't. Even the honda that runs on hydrogen is bloody expensive. It will happen eventually but i can't see it being for a decade or so yet.