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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 (182935)3/9/2014 4:18:49 PM
From: t4texas  Read Replies (1) | Respond to of 206181
 
isn't this arthur berman who a couple of years ago said shale gas and oil was a myth, and it was a bunch of lies coming from the oil/ng producers? now from what I read in this q&a article he says the stuff is there, but it is too expensive and not growing as fast as a couple of years ago. i don't think i heard anyone saying shale ng was going to sell for $1 or $2 per mmcf. i think the world has gotten it that oil and ng are not going to be super cheap anymore. i was trying to understand berman's point in the article, other than shale oil and ng are what we have now. well, yea.