[Pops]

$this->bbcode_second_pass_quote('Bruce_S', '')$this->bbcode_second_pass_quote('Sixstrings', '
')But still, being fairly balanced I'd like to learn more about the truth on the ND shale oil. How does that change the peak oil picture.

[peripato]

$this->bbcode_second_pass_quote('Pops', '')$this->bbcode_second_pass_quote('Bruce_S', '')$this->bbcode_second_pass_quote('Sixstrings', '
')But still, being fairly balanced I'd like to learn more about the truth on the ND shale oil. How does that change the peak oil picture.

[pup55]

$this->bbcode_second_pass_quote('', 'A')lthough I couldn't find a graph including U.S. oil production into 2011. Does anyone else have one?

[basil_hayden]

$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('OilFinder2', 'T')his is what you get for ignoring my posts. If you paid even a modicum of attention to what I've been posting here, none of this would be news to you.

[copious.abundance]

Haha! "Unknown" is me. VangelIV keeps repeating his same misinformation over and over again. He's like a stuck record. He doesn't even respond to about 2/3 of the comments I make, and changes the subject when he can't confront a fact I present to him.

He's like the idiots on TOD (whom he obviously reads) who call shale gas a miserable failure, when in fact it's been a stunning success. It's been such a success that prices have cratered as production has gone through the roof. Yet some people insist on calling that a failure. That's the bizarre logic he uses.

Notice also what dave at the bottom of that article said.

[copious.abundance]

In fact, now that I read his stuff a bit more I find a passage where he actually called shale gas a failure. About 2/3 down the page:
$this->bbcode_second_pass_quote('', 'I') kept reading similar hype about shale gas and look where that has ended up for the operators. Now that they have failed in shale gas we are supposed to buy the shale oil story and forget all of the gimmicks of the past few years? That may play well to the ignorant but not to those of us who care about reality and actual returns.

[copious.abundance]

$this->bbcode_second_pass_quote('pstarr', 'G')od, I don't know how many times Vangel bitch-slapped you down. Over and over and over until you finally turned tail and ran. Caught you here, unknown

[copious.abundance]

Isn't it hilarious how he has to use a chart going only through 2005 to make his case?

[FarQ3]

Haven't seen you on here for a while OF2 ... it's good to have you back. Always had a good laugh reading your humour

[LoneSnark2]

On the mjperry blog post, a commenter said "But there is no way to sustain that production with 70 bpd per well, drilling costs of several million", which is untrue. 70 bpd at $100 a barrel is over $2.5 million a year. If it cost you $2.5 million to drill, the dern thing paid for itself in one year. Everything after that is pure profit.

$this->bbcode_second_pass_quote('pstarr', 'T')hey are paid $75 at the well head.

[Pops]

But the wells can only produce so much, right?

I mean how far from the bore can they reach, it isn't a "pool" of oil after all, that's the whole point.

So I'd think they need to drill and keep on drilling and to do that they need high prices.

[copious.abundance]

How far the fractures reach depend on the qualities of the individual rock formation, I would think. I suppose that's a question for rockdoc123.

$this->bbcode_second_pass_quote('pstarr', 'J')eezus OF. He caught you lying on 2 or 3 occasions and your numbers make no sense. I'll highlight just one of your lies for the folks then I have to go back to work building my greenhouse; (note to the stadium; the following exchange can be found at ...