Big Dog's Boom Boom Room Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis Roth who wrote (170809)	7/17/2012 12:14:18 PM
From: MIRU	3 Recommendations Read Replies (2) of 206121

Shale oil drillers should heed lessons of shale gas: Raymond James analyst Will they know when to stop, or will they drive West Texas Intermediate to unprofitable lows as they have done for gas? This is way bush league analysis from the usually rational and professional guys at RJ. NG is "stranded" in North America. Oil is a world commodity. Unless the oil shale drillers increase production by a few million BBL/day rather promptly, US oil production should have little effect on world oil prices. If there is any downside to oil prices it will be because of Cushing-type bottlenecks. Also, beware of using the Bakken as a model for other oil shale plays. They are not the same.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next