Big Fitz
User Quit *****
- Nov 23, 2009
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and just think. The price for finding, pumping and refining is only going to go down. Why? Because that's the way technology has worked from the beginning of time.Yes, there is an incredible amount of oil trapped in shale, and under the best of circumstances it can be captured and refined in the $80 - $90 range.
Where this shale is, isn't the best of circumstances for shale recovery, unless there is an underground aquifer nearby that hasn't been discovered yet, and somebody suddenly decides to donate an nuclear power plant nearby to produce the electricity to produce the steam from the aquifer to cook the oil out of the shale.
Experience begets wisdom.
Wisdom begets efficiency.
Efficiency begets economy.
Economy begets productivity.
Productivity begets Freedom.