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Strategies & Market Trends : The coming US dollar crisis

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To: DebtBomb who wrote (24396)11/18/2009 12:44:44 PM
From: Tommaso2 Recommendations  Read Replies (3) of 71452
 
It became clear about a year ago that the new horizontal drilling and fracking methods in tight shales, of which there are beds that are thousands of square miles in area and all over the United States, especially in the East, are making available immense new supplies of natural gas inside the United States.

Oil has to be imported in large amounts.

This is terrifically good news for tar sands operations, which need gas for extraction and upgrading.

It's hard to see how anyone on SI can have missed this story.
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