IEA Chief: Oil Price Slump Yet To Hit US Shale Oil Production

Rigzone ^ | Mon Oct 13, 2014 11:01am EDT | SIMON FALUSH

[conservatism_IS_compassion]

That is certainly an argument for imposing an import tax on petroleum, and using the revenue to promote energy security by either increasing the SPR or by subsidizing shale oil production.

There is also the issue of Keystone XL to consider, tho . . . Maybe we can consider ourselves “energy independent” on a continent basis, without reference to the Canadian border.

How does shale NG play into this equation? Isn’t that cheaper energy - for stationary uses, at least - than Saudi crude?

[conservatism_IS_compassion]

In any case, “Peak Oil” is dead.

[Owen]

Subsidizing shale oil production?????

How very conservative a perspective, injecting government into capitalism.