It’s nice to find a lot of oil, but only if drillers can get to it. Brazil is in that position now that a field with as much eight billion barrels of light oil and natural gas. McClatchy Newspapers reports that "the deposit would be the largest petroleum find in seven years."

The news agency adds "It’s among the most complicated projects in the world in terms of deep water," said Caio Carvalhal , a Brazil -based research associate with the U.S. consulting firm Cambridge Energy Research Associates

Production from the field will probably not start until 2012. If they can get at it.

Douglas A. McInyre