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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Jim P. who wrote (186910)12/4/2014 9:24:09 PM
From: elmatador1 Recommendation

Recommended By
Ben Smith

   of 206338
 
Why successful US shale boom is not being replicated all over the world? Land available
Legal Frame work. Entrepeneurship culture to invest capital and technology,

This is a Small Oil thing that only the US can develop cannot be replicate in most countres in the world.

Perhaps China and Russia could impose that top bottom.

While Big Oil slept in the belief that oil was ending and prices were here to stay.

The higher oil prices enabled the entrepreneurs to perfect existing technologies and develop methodologies to economically explore shale oil.
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