1 thought on “The US Shale Oil Industry Will Simply Vanish”
The shale oil & gas industry was always a flash in the pan.
The economic unviability was eveident from the get go!
The negative environmental issues plagued it as did the earthquakes….logically it was never going to work, and its perseverance for the 15 years only proves the stupidity/gullability of bankers.
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The shale oil & gas industry was always a flash in the pan.
The economic unviability was eveident from the get go!
The negative environmental issues plagued it as did the earthquakes….logically it was never going to work, and its perseverance for the 15 years only proves the stupidity/gullability of bankers.
Just as with the sub-prime.
https://srsroccoreport.com/u-s-second-largest-oil-field-production-falls-as-decline-rates-rise/