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

To: isopatch who wrote (184006)	5/21/2014 8:37:50 PM
From: JimisJim	Read Replies (1) \| Respond to of 206183

Call me an optimistic cynic... I'll believe 4 million bbls/day when that number becomes a fact... I'm not saying it's not possible, just saying it's going to take the equivalent of a "Marshall" program to do it in the 4-11 year timeframe they're talking about especially with current production falling so quickly. It will take a huge effort and large sums of money just to stabilize current production -- which should be doable in 4 years. Increasing production beyond that will take significantly more money and effort beyond the initial effort and it will have to be a sustained effort for at least 10 years. Again, I'm sure that it is possible, just not sure it will happen given the history of oil in Mexico.

To: isopatch who wrote (184006)	6/12/2014 12:09:49 PM
From: Dennis Roth	1 Recommendation Recommended By evestor Read Replies (1) \| Respond to of 206183

Drug gangs attacks block Mexican shale boom Posted on June 12, 2014 at 8:35 am by Bloomberg fuelfix.com ...Oil shale drillers in Texas have had to contend with environmental opposition and soaring costs. A few miles south of the border in Mexico, Angel Torrez and co-workers duck gunfire sprayed from drug traffickers. When gunmen pulled up in April in a makeshift tank and riddled the Hotel Asya with bullets, Torrez dropped to the floor. After the attack, the 21-year-old machine operator for Weatherford International Ltd. and his crew of about 30 left town under police escort...