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PS3's Cell processor helps locate oil

Besides the Roadrunner and our beloved PS3, the Cell processor can now add another task it can do into its repertoire. Repsol, one of the world's ten largest oil companies, is employing the use the of the Cell processor, more specifically the PowerXCell 8i variant on a BladeCenter QS22 computer, to "analyze undersea rock formations in the search for untapped reserves." An analyst commented that 75% of the reserves are in deep water, which are 30,000 feet below and are estimated to hold 56 billion barrels of oil. This amount would meet the entire U.S. demand for oil and gas for about five years. The use of a technique called reverse time migration will allow Repsol to survey regions as much as six times faster and reach areas that were inaccessible before.

What do you guys think about this? Will this lower gas prices somewhere far, far away from $5 a gallon? Are you going to mod your PS3 to start drilling for oil in your backyard? Ah, the possibilities...