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tjdub

Posted 8/4/2015 22:45 (#4716600 - in reply to #4712504)
Subject: RE:If I remember correctly ......

1234 - 8/2/2015 13:58

If I'm remembering correctly they've tried fracking in Europe (Poland specifically) and China but the rock is different and it hasn't worked out. If there were other promising areas I would guess we'd have heard about them by now.

Columbia made the news recently by fast-tracking environmental regulations in regards to hydraulic fracturing. I don't have a very educated opinion, but I do not think it's something that will be limited to North America at all. It's just plain more expensive to extract than the known Middle East reserves so if the price doesn't support fracking, those shale oil reserves will stay being reserves.

EFT's - Sat : 8/1/2015 08:50
- RE: EFT's - Tank2516 : 8/1/2015 10:34
  - RE: EFT's - zmracing : 8/2/2015 07:38
- This guy says Crude is undervalued.. - JonSCKs : 8/1/2015 23:12
  - RE: This guy says Crude is undervalued.. - djmcountryboy : 8/1/2015 23:46
    - Could be.. - JonSCKs : 8/2/2015 01:17
      - RE: Could be.. - Maizeing : 8/2/2015 05:42
        
        RE: You might imagine ...... - 1234 : 8/2/2015 06:49
        Preposterous?!? Is the Shale Boom a bubble? - JonSCKs : 8/2/2015 09:14
        
        RE: Preposterous?!? Is the Shale Boom a bubble? - Maizeing : 8/2/2015 11:09
  - RE: This guy says Crude is undervalued.. - Dave NWIL : 8/2/2015 07:16
    - I locked in Diesel this summer.. - JonSCKs : 8/2/2015 09:23
      - RE: I locked in Diesel this summer.. - Dave NWIL : 8/2/2015 09:38
        
        end of the summer driving season.. - JonSCKs : 8/2/2015 09:47
        
        RE: Year's ago .... - 1234 : 8/2/2015 10:58
        
        RE: Year's ago .... - Maizeing : 8/2/2015 11:14
        
        RE: Year's ago .... - roarintiger1 : 8/2/2015 12:23
        
        RE: Year's ago .... - Sat : 8/2/2015 13:37
        
        RE:If I remember correctly ...... - 1234 : 8/2/2015 14:58
        
        It's like anything.. - JonSCKs : 8/2/2015 15:02
        
        Plus the greenie's..... - Tank2516 : 8/2/2015 15:26
        RE: It's like anything.. - WalterCronkite : 8/3/2015 00:08
        
        It will never be "over" - JonSCKs : 8/3/2015 08:24
        
        RE:If I remember correctly ...... - tjdub : 8/4/2015 22:45
        
        It's maturing alright.. - JonSCKs : 8/2/2015 14:59
        
        RE: By the way, I agree with Jon on the ...... - 1234 : 8/2/2015 15:17
        
        Need more proof? Here's the rail data documenting the declines.. - JonSCKs : 8/2/2015 15:32
        
        RE: Need more proof? Here's the rail data documenting the declines.. - farmerboy50 : 8/2/2015 17:03
        Here I am half way through all that prose - Maizeing : 8/2/2015 17:09
        How does the new refinery capacity in western ND - Tara Farms : 8/3/2015 08:46
        
        We haven't built a new refinery since the 1970's.. - JonSCKs : 8/3/2015 08:58
        
        RE: We haven't built a new refinery since the 1970's.. - Tara Farms : 8/3/2015 09:15

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