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

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To: Dennis Roth who wrote (178469)	5/23/2013 4:37:41 PM
From: Dennis Roth	2 Recommendations Read Replies (2) of 206176

Cheap shale gas bubble 'will burst within 2-4 years': Expert Published 23 May 2013 euractiv.com “The cheap price bubble [in the US] will burst within two-to-four years,” Hughes said. “At a high enough price, the supply bubble will burst perhaps 10-to-15 years later, when drilling locations become sparse.” “Supply can be maintained for many years,” he added, “but only at much higher prices with ever-escalating environmental impacts due to the accelerating number of wells that must be drilled.” ----- Fracking 'could ruin German beer' telegraph.co.uk German brewers have warned Chancellor Angela Merkel that any law allowing the controversial drilling technique known as fracking could damage the country's cherished beer industry.

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