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IEA Chief: Oil Price Slump Yet To Hit US Shale Oil Production
Rigzone ^
| Mon Oct 13, 2014 11:01am EDT
| SIMON FALUSH
Posted on 10/13/2014 10:00:07 PM PDT by Rabin
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To: Owen
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? Isnt that cheaper energy - for stationary uses, at least - than Saudi crude?
21
posted on
10/14/2014 2:52:07 PM PDT
by
conservatism_IS_compassion
("Liberalism” is a conspiracy against the public by wire-service journalism.)
To: Owen
In any case, Peak Oil is dead.
22
posted on
10/14/2014 2:54:37 PM PDT
by
conservatism_IS_compassion
("Liberalism” is a conspiracy against the public by wire-service journalism.)
To: conservatism_IS_compassion
Subsidizing shale oil production?????
How very conservative a perspective, injecting government into capitalism.
23
posted on
10/14/2014 4:27:56 PM PDT
by
Owen
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