Bakken shale oil fields and peak oil

The top two stories in today's links are on shale oil and the fiscal cliff. I will concentrate on the shale oil issue and say a few parting words about the fiscal cliff. We have three articles on shale oil here and I think the lead article from Bloomberg is a recitation of the optimists' or the bulls' case on shale oil. Most people who understand the logic behind peak oil and support it do't believe that the shale oil fields will make the US energy independent. Nor do they believe that the oil f...


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