[Owen]

Fracking changed nothing.

The US burns 20 million bpd (That’s 42 gallon barrels per day).

Shale in both Texas and North Dakota flow about 3.5 mbpd.

Read that carefully. Math trumps propaganda.

Russia’s Bazhenov shale is bigger than both Bakken and EagleFord/West Permian.

There is no good news here.

[Wonder Warthog]

>"The US burns 20 million bpd (That’s 42 gallon barrels per day)."

Of what?? Oil, gas, both. Your statistic is meaningless without better definitions.

"Shale in both Texas and North Dakota flow about 3.5 mbpd."

Again, of what.

"Read that carefully. Math trumps propaganda."

So does HONEST quoting of information.

"Russia’s Bazhenov shale is bigger than both Bakken and EagleFord/West Permian."

Uh, the US has far more shale to tap that Bakken and Eagleford. I "have" actually seen a map.

So tell me....if things are so bad, why are companies setting up to export both oil and natural gas.