Are We Setting Ourselves Up for a Shale Bust?
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  • tarentius

    What the Council of Foreign Relations knows about the world energy market, oil and gas prices, and the shale revolution wouldn’t fit on the back of a thimble.

    • Andrew Allison

      I suggest a pin-head.

      • Corlyss

        I think you’re both giving them too much ground to demonstrate their ignorance on. How about a virus-sized thingy.

        • Andrew Allison

          Nano-intelligence?

          • Corlyss

            Love it!

        • f1b0nacc1

          A quark

  • Andrew Allison

    The mind boggles! The CFR (and VM) seem confused between the jobs being created by the shale revolution and the resource itself. It also fails to explain how states which are so replete with gas that it’s price has fallen by 75% are vulnerable to global price fluctuations. It appears to me that the boot is very much on the other foot. Russia, in particular, which is currently getting pre-shale prices for its gas appears especially vulnerable to price fluctuation.

  • Corlyss

    If that’s the price of energy independence without green nonsense, I’ll take it.

  • Fat_Man

    Men who have informed views on commodity markets make money by establishing the appropriate positions, short or long, in the relevant commodity, and related stocks and options.

    Blowhards publish reports.

  • Jacksonian_Libertarian

    Oh, the horror, either we have huge amounts of money and jobs coming into the local economies, or we all have dirt cheap energy, we are so abused!

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