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Gold/Mining/Energy : Shale Natural Gas, Oil and NGLs and ESA

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To: Glenn Petersen who wrote (6072)11/18/2012 12:32:12 PM
From: jrhana   of 6160
 
Well domestically produced energy including NG definitely the future for this country for the next several decades. Even the enviornmentalists are realizing that whatever minimal and occasional harm has come out of FRAC drilling is dwarfed by orders of magnitude by the net drastic reduction in carbon utilization.

And God knows how our balance of payments should become improved well beyond our wildest dreams and soon. When I say domestically produced energy I definitely include domestically produced oil (and there are useful products like liquid ethane)

We definitely have plenty of NG to comfortably export but maybe well soon have enough domestically produced oil to start exporting oil (imagine)

Outside of ESOA's dwindling stock price at least, life is good and getting better.
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