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To: Kaslin
Mostly correct but these two words stand out as false to me.

“Shale oil (light tight oil) is rapidly emerging as a significant and relatively low cost new unconventional resource in the US,

These wells are neither cheap, nor long lasting. It requires more expensive wells and the wells don't last long a high flow rates. Which means you need more of them; we have to keep drilling just to hold a steady flow rate.

2 posted on 02/15/2013 3:45:12 AM PST by thackney (life is fragile, handle with prayer)
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To: thackney
These wells are neither cheap, nor long lasting.

This is completely different from fracking, isn't it?

12 posted on 02/15/2013 4:38:32 AM PST by St_Thomas_Aquinas
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