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

To: Dennis Roth who wrote (178671)	5/23/2013 4:39:33 PM
From: Bearcatbob	Respond to of 206176

“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.” Of course "much higher prices" is not defined. Bob

To: Dennis Roth who wrote (178671)	5/24/2013 12:45:52 PM
From: Dennis Roth	1 Recommendation Respond to of 206176

Gas boom called hype Published 7:19 pm, Thursday, May 23, 2013 timesunion.com ...Dreams that natural gas from hydrofracking — a process that injects water and chemicals deep underground to break up gas-bearing shale rock formations — will provide decades of cheap energy are overblown, said David Hughes, a geoscientist with three decades of experience in the Canadian oil industry, and Deborah Rogers, a Wall Street financial consultant... ...Rogers said that explains why a plan to build an billion-dollar oil pipeline from the Bakken fields was shelved. Oil companies "are shipping out by rail, even though rail costs three times more than pipeline," she said. "But rail cars can be redeployed when a field is depleted, while you are stuck with a pipeline..." Internationally known geoscientist David Hughes discusses the issues of finite gas reserves. ---- Looks like the meeting room was packed.