LAS VEGAS--Back in the '90s, iRobot worked on a robot that could help drill for oil.
Then oil dropped from $30 to $20 a barrel, and interest among potential customers dropped too, said iRobot CEO Colin Angle during a meeting at this week's Consumer Electronics Show here. With oil bouncing around $100 a barrel now, that chucked idea may make a comeback, he said.
Drilling for oil is sort of misnomer, Angle noted. The ground doesn't consist of hidden lakes of liquid petrochemicals. Instead, oil is encased in porous rock, Angle said. To get at it, oil drillers … Read more