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Amazing spread between WTI and Brent
1 posted on 03/02/2015 1:16:31 PM PST by gogeo
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To: thackney

Ping.


2 posted on 03/02/2015 1:17:29 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: gogeo

Nice Article.

The ground is really moving on energy production.

I wonder how fast shale and fracking could ramp up production in the future, when prices rise.

My understanding is that such wells kind of gush for a year or two, and then trickle for several years.

The Saudis can pretty much just turn the taps to ramp up their production, as their oil is in large underground pools under pressure, with the pipelines already laid to the terminals.


3 posted on 03/02/2015 2:34:09 PM PST by BeauBo
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