Hold up cowboys. Before every direct flight from the state of Texas to Costa Rica is filled (well atleast the first class seats I dont know if big oil Texan boys will sit in coach) let me explain what Oil in Costa Rica means? Yes, It means energy but ufortunately for all you money sucking capatlist idiots this is a little something we call White Oil. By now I probably lost 90% of my readers that I attracted by the title of this blog. Costa Rica does not have oil and no random blogger like myself would be the first to blurt to the world that a country of 5 million with no army just struck oil.

I had never heard the term white oil until an official from ICE (Costa Rican Institute for Electricity) used it when interviewed about Costa Rica's Geo-Thermal Energy. He was being interviewed because ICE can only tap into 23% of Costa Rica's Geo-Thermal energy and the rest of it is located in protected areas and national parks. The reported asked this ICE official what he thought of this restriction: "It is a shame we cant tap into the national parks for geothermal energy it is the white oil of this country". Now tapping into Natoinal Parks just sounds wrong but their is a nice little ring to white oil, so I will say he had me for about 3 seconds.
There are many benefits to Geo-Thermal Energy for Costa Rica which now runs 15% of its lights of this type of energy and can only tap into 23% of its resources. The "White Oil" is also a lot cheaper. It cost about 4 cents for each KW as compared to gas which is 46 cents for each KW. So the cost is a no brainer. The second benefit which Im sure ICE plans to use on their side is that GeoThermal is much nicer to the environment. With gas each megavolt burns 1,000kilos of CO2 and with Geothermal it reduces to 59 kilos of CO2.

Source: http://www.nacion.com/2010-09-12/ElPais/NotasSecundarias/ElPais2516365.aspx
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