[Hoodat]

When prices go up, so does supply. When oil producers begin to rely on a $100/bbl price that has remained that way for two years straight now, they begin to make the investments that result in more production.

[PA Engineer]

When prices go up, so does supply. When oil producers begin to rely on a $100/bbl price that has remained that way for two years straight now, they begin to make the investments that result in more production.

In spite of obama there are some interesting developments in the shale plays. One is the rapid development of technology to recycle water. Potentially, the total cost of water and treatment may be reduced on average from 1.2 million USD to 200 thousand USD per well. Funny, regulation was not the driver of this technology change. This will also drive the development of the Four Corners plays. In addition, many hopeful developments are coming out of the UTICA shale with Hess for one, committing billions in development of infrastructure.

[hinckley buzzard]

When prices go up, so does supply.

Eggsackly.