The shale revolution

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SirNitram
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Re: The shale revolution

Post by SirNitram »

I believe this might be relevent: LA Times

4% of the oil companies claimed recoverable amount after revisions from those without deep economic benefit in inflating the numbers.
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ralfy
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Re: The shale revolution

Post by ralfy »

Shale oil production needs higher oil prices:

http://www.businessinsider.com/baker-hu ... -12-2015-6

and from what I remember will peak after only a few years.
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