Article

2014-11-26 Economy

Who Will Wind Up Holding the Bag in the Shale Gas Bubble?

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Posted by badanov 2014-11-26 00:00|| || Front Page|| [11125 views ] Top

#1 Since the EPA and the entrenched mindset at DOE are antifossil fuel, if there is a bubble and a collapse of shale gas, there will not be any help.

If on the other hand if were solar, wait, that's already happened...wind, that too, or some other cockamamie alternate energy source, there would be/has been a bail out.

If this were coal, the Dems would try to regulate it out of business.

Posted by Mystic 2014-11-26 00:49|| 2014-11-26 00:49|| Front Page Top

#2 Betting on infinite expansion in a finite world has never been a good idea, but it might pay off for those who bail out the soonest.

Posted by Anguper Hupomosing9418 2014-11-26 05:58|| 2014-11-26 05:58|| Front Page Top

#3 IMA taking the 'long view.' I've been hearing stories of the oil patch playing out and the world running out of oil since the 1950's.

Posted by Besoeker 2014-11-26 06:06|| 2014-11-26 06:06|| Front Page Top

#4 The world will run out of money to pay for that oil long before it runs out of the oil itself.
You read it here first!

Posted by Anguper Hupomosing9418 2014-11-26 06:52|| 2014-11-26 06:52|| Front Page Top

#5 I wonder why there has been little reporting on the fact that many small shale oil producers have hedged their output through 2015 (and some even later, and most at $85+). Thus, they have no incentive to cease drilling for the time being.

Posted by Ulique Pelosi8805 2014-11-26 10:16|| 2014-11-26 10:16|| Front Page Top

#6 Seems to me there is some law about flooding a market to reduce prices in order to put competition out of business. The US should apply sanctions to Saudi Arabia.

Yeah, I like cheap oil, but I'd rather keep the Wahhabi out of my oil. It gunks up everything it touches.

Posted by rjschwarz 2014-11-26 15:12|| 2014-11-26 15:12|| Front Page Top

#7 Be real Besoeket, soon the the world will get wise to our fix it again tony currency and demand real money like the Euro for oil and they will refuse to sell us anything at all. Then they'll dump the dollar and replace it with a currency based on something else and all we'll have is cases of tuna fish and out-of-repair elevators. Srsly peak oil is nothing to sneer at, Drake saw it coming clearly righted before he singed the Spanish because they had peak silver. Buy low, sell high, or get volume.

Posted by Shipman 2014-11-26 15:21|| 2014-11-26 15:21|| Front Page Top

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