Environment & Energy

joshcryer

(62,276 posts)

42. Decline rate of shale is in question.

Mon Dec 1, 2014, 09:41 AM

Dec 2014

No doubt OPEC's attempts have stuttered it.

Either way you want to spin it, the US, as a capitalist economy, will adapt rather quickly. Let oil become $300 a barrel and tell me then that shale won't be exploited.* A joke.

*assuming electric cars aren't dominant by then, of course.

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Oil prices keep plummeting as OPEC starts a price war with the US [View all] joshcryer Nov 2014 OP

Hey, if the price we have to pay to stop fracking is cheap gas, I'll learn to cope. n/t eggplant Nov 2014 #1

So is any of this somehow a good thing? I don't see how. Leopolds Ghost Nov 2014 #2

It could stop the tar sands extraction OnlinePoker Nov 2014 #9

Yes, but joshcryer seems to be saying it's a good thing if nobody can stop the shale oil extraction Leopolds Ghost Nov 2014 #10

A good thing? joshcryer Nov 2014 #11

Give me the short version of it. Leopolds Ghost Nov 2014 #15

Unlikely, tar sands are still vastly larger. joshcryer Nov 2014 #12

Tar sands are destroying the boreal forest Leopolds Ghost Nov 2014 #18

Sadly, that applies to many things. joshcryer Nov 2014 #24

Is that in Alberta? Sad. :( Leopolds Ghost Nov 2014 #25

The most disturbing sci-fi short story I ever read was inspired by views of the arctic strip mining Leopolds Ghost Nov 2014 #27

It still boggles my mind that Bakken is brighter than Minneapolis. joshcryer Dec 2014 #38

Sickening. Leopolds Ghost Dec 2014 #48

Oh my fucking God. Odin2005 Dec 2014 #60

The US is on an energy independent road-map by 2030-2050. joshcryer Nov 2014 #13

Energy independent =/= decreased consumption of fossil fuels Leopolds Ghost Nov 2014 #17

You don't get there by 2050 without decreased consumption. joshcryer Nov 2014 #22

Not going to happen, because of the shale decline rate. Spider Jerusalem Nov 2014 #19

That's Bakken shale. joshcryer Nov 2014 #23

It's Bakken and Eagle Ford combined. Spider Jerusalem Nov 2014 #28

Technology to produce Green River benefits everyone. joshcryer Dec 2014 #37

The Marcellus has steep decline rates as well Champion Jack Dec 2014 #59

The problem with that is that it hasn't been true so far FBaggins Dec 2014 #41

Green River Shale Deposits cantbeserious Nov 2014 #30

Bullshit that oil is for export. upaloopa Dec 2014 #53

If it's a price war....... DeSwiss Nov 2014 #3

KSA wants to maintain its share of the market... quadrature Nov 2014 #4

so OPEC is against the Keystone pipeline? greymattermom Nov 2014 #5

Interesting point, since Keystone is about Bakken more than tar sands. joshcryer Nov 2014 #14

Another reason to oppose it. nt Leopolds Ghost Nov 2014 #16

I love fracking. Fracking is cool. End of story. nt delrem Nov 2014 #6

I have friends who lost everything to Fracking. Champion Jack Nov 2014 #8

This message was self-deleted by its author delrem Nov 2014 #20

sorry. 'twas a sloppy attempt at sarcasm. delrem Nov 2014 #21

So this is KSA essentially throwing a hissy fit? Odin2005 Nov 2014 #7

I'd llike to know how much of U.S. shale oil is refined for U.S. use. snappyturtle Nov 2014 #26

All of it; the USA is not an exporter of crude oil. Spider Jerusalem Nov 2014 #29

Thank you for your answer but it doesn't answer my question. I'll put it snappyturtle Nov 2014 #32

Nope Spider Jerusalem Nov 2014 #33

Again thank you. You've answered my question. I guess I am an advocate snappyturtle Nov 2014 #34

The American economy would be kind of fucked if oil-exporting countries had that attitude. (n/t) Spider Jerusalem Nov 2014 #35

Sheikdoms et al. like $$$$. No fear...and of course, we need the petro dollar. nt snappyturtle Nov 2014 #36

Import is declining by 100-200 million barrels a year. joshcryer Dec 2014 #39

3.3 billion Spider Jerusalem Dec 2014 #40

Decline rate of shale is in question. joshcryer Dec 2014 #42

No, it really isn't. Spider Jerusalem Dec 2014 #43

Yes, it really is FBaggins Dec 2014 #44

You're making it pretty clear that you haven't Spider Jerusalem Dec 2014 #45

Hmmm. FBaggins Dec 2014 #46

"Peakist" argument? Spider Jerusalem Dec 2014 #47

That's correct. "Peakist" FBaggins Dec 2014 #49

Your argument is fairly irrational, honestly. Spider Jerusalem Dec 2014 #57

Care to revisit those claims eight months later? FBaggins Aug 2015 #61

We started exporting crude oil in July of this year. upaloopa Dec 2014 #54

Not really. FBaggins Dec 2014 #55

No. Spider Jerusalem Dec 2014 #56

Perhaps... 2naSalit Nov 2014 #31

It's important to note that "OPEC starts a price war with the US" isn't a very accurate title. FBaggins Dec 2014 #50

You make a good point, I had an analogy. joshcryer Dec 2014 #58

Why? Getting oil from shale involves fracking which upaloopa Dec 2014 #51

Gee, Citi is telling it's investors that oil has bottomed out!! louis-t Dec 2014 #52