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Excerpted for Forbes

links to related info at the source

1 posted on 08/14/2014 4:44:03 AM PDT by thackney
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To: thackney

No thanks to barry’s boys.


2 posted on 08/14/2014 4:52:56 AM PDT by Flintlock (Deport them ALLLL!)
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To: thackney

Doubters, especially “experts” have doubted the shale revolution. But over the past few years US crude production increased from 5 million barrels a day to 8 million per day.

The greens, the soccer moms, the Saudis, and the Dems HATE the shale revolution and are doing everything they can to stop it. Why? Because more domesticly produced oil benefits Americans.


3 posted on 08/14/2014 5:15:43 AM PDT by Memphis Moe
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To: thackney
Wow, Banker got paid to write this article which says nothing. His first point is a quibble. 2012 we were just behind Saudi Arabia. I believe that the increase in production from Eagle Ford is enough to put us over the top. He should have gone more into defense of the “self sufficiency” myth. We consume 24 mbd and produce 12. I wasn't really aware of myth 2. Keystone will subdue that.
4 posted on 08/14/2014 5:33:21 AM PDT by CPT Clay (Follow me on Twitter @Clay N TX)
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To: thackney

I agree with article and its conclusions.

Shale oil is overhyped as the panacea for energy for this country.

It is short lived and, in the scheme of things, just a blip.
Should be used vigorously to frighten OPEC while US is enjoying its fruits.

The real deal is Shale Gas. That boom will last many generations for us Americans. Lots of it and it is so cheap compared to oil.


8 posted on 08/14/2014 6:23:36 AM PDT by bestintxas (Every time a RINO bites the dust a founding father gets his wings)
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Did You Know?

The Current FReepathon Pays For The Current Quarter's Expenses?

Now That You Do, Donate And Keep FR Running


9 posted on 08/14/2014 7:14:09 AM PDT by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: thackney; BOBTHENAILER

“bobthenailer” where are you? I miss your commentary on the natural gas industry!! Where the (bleep) are you??? Stick yer head back up in here with us FReepers!!!


14 posted on 08/14/2014 10:53:20 AM PDT by SierraWasp (Obama is mad! He's getting madder with each crisis and now he's a real MADMAN with no temper left!!!)
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