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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (175717)1/11/2013 11:38:56 PM
From: Bread Upon The Water  Respond to of 206161
 

The issue is the size of the resource. If the resource is very very large - then supply is simply limited to the number of "straws" stuck into the resource. If this is the case the supply is simply limited by the number of "straws" with the number of straws being limited only by the price of nat gas necessary to provide the required ROI on the wells.

On the basis above - assuming the resource is very very large - export or no export will not change the price.



Think we will be able to control price we get abroad by the controlling amount we export--no matter how large the domestic resource--at least under current conditions..