Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dennis Roth who wrote (177450)	3/27/2013 6:24:05 AM
From: Dennis Roth	3 Recommendations Read Replies (2) \| Respond to of 206161

Global Oil Demand Growth – The End Is Nigh — The Substitution of Natural Gas for Oil Combined With Increasing Fuel Economy Means Oil Demand Is Approaching a Tipping Point Seth M Kleinman +44-20-7986-7084 26 March 2013 ¦ 20 pages Click Here for Report The combination of an accelerating push to substitute natural gas for oil and ongoing improvements in fuel economy is enough to mean that oil demand growth may be topping out much sooner than the market expects. The shift from oil to gas is already underway in the US, where the shale gas revolution is giving a huge economic incentive to make the switch. As the US shift gains pace, politics, greater natural gas availability and environmental concerns are facilitating the trend globally... ----- Article about the above report Citi: 'The End Is Nigh' For Oil Rob Wile \| Mar. 26, 2013, 11:21 AM Read more: businessinsider.com

To: Dennis Roth who wrote (177450)	3/27/2013 6:59:39 PM
From: Dennis Roth	3 Recommendations Respond to of 206161

What an 18th century treatise on population can teach us about energy resources By David Wogan \| March 26, 2013 blogs.scientificamerican.com

To: Dennis Roth who wrote (177450)	3/27/2013 8:23:08 PM
From: Dennis Roth	1 Recommendation Read Replies (2) \| Respond to of 206161

Do high natural gas prices mean the shale boom is ending? High natural gas prices seriously undermine the official story that the US has a century of cheap natural gas waiting for the drillbit, Cobb writes. By Kurt Cobb, Guest blogger / March 26, 2013 csmonitor.com As U.S. natural gas prices flirt with the $4 mark, some skeptics of the so-called shale gas revolution think prices are headed much higher. Such a move would, not surprisingly, seriously undermine the official story that the United States has a century of cheap natural gas waiting for the drillbit... ...The trend is so ominous that two industry insiders I know believe that U.S. natural gas production could actually start declining soon and send prices soaring. They say drillers have fallen so far behind that it will be impossible to make up for production lost from existing shale gas wells. Those wells typically see production decline rates of 85 percent after two years. (Translation: Some 85 percent of existing production from shale gas wells must be replaced every two years BEFORE production can grow.)The future is, of course, unknown to us. But, the present and the past suggest that the so-called shale gas revolution is about to be laid to rest... --- So $4 gas means "The End is Nigh" for natural gas, at least according to A.S.P.O. member Kurt Cobb the author of the peak-oil-themed novel, 'Prelude,' and A.S.P.O. director Art Berman.