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

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To: Dennis Roth who wrote (176692)	4/28/2013 9:39:17 AM
From: Dennis Roth	1 Recommendation Read Replies (1) of 206104

Ready (or Not?) for a Great Coming Shale Boom nytimes.com SWEETWATER — About a year ago, talk began circulating in this West Texas town about a huge oil-producing formation called the Cline Shale, east of the traditional drilling areas around Midland... ...Barry Smitherman, chairman of the Railroad Commission of Texas, the state’s oil and gas regulatory agency, has said that oil production in Texas could roughly double by 2020... ...“The most optimistic of people believe that we’ve only seen the beginning of a burst of technological innovation, and if you look back from 2020 to fracking techniques in 2013, by 2020 you’ll think these are sort of feudal times,” said Edward Morse, global head of commodities research for Citigroup...

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