The National Forum   Donate   Your Account   On Line Opinion   Forum   Blogs   Polling   About   
The Forum - On Line Opinion's article discussion area



Syndicate
RSS/XML


RSS 2.0

Main Articles General

Sign In      Register

The Forum > Article Comments > The death of US shale has been greatly exaggerated > Comments

The death of US shale has been greatly exaggerated : Comments

By Alex Kimani, published 10/12/2020

U.S. shale has recorded a steep production decline due to sharp fall in oil and gas prices, however, the industry could be primed to recover much faster than what we have been led to believe.

  1. Pages:
  2. Page 1
  3. All
Could be. Might be. However, all the aforementioned industries would certainly struggle to survive when MSR thorium is up and running!

And the almost certain reason why investors and unwise, boot-licking compliant politicians have combined to suppress MSR thorium and home-based, independent energy prices no other could compete with.

Moreover, apart from the promise of endless ultra-cheap safe, clean energy, MSR thorium is also reliable, dispatchable, CARBON FREE energy!

Here's the thing, some folks are more worried about the profit curve, sovereign risk and stranded assets then the future of mankind!?

If the true goal had been complete energy independence? Then the aforementioned investors and jelly-back, gormless politicians have clearly backed the wrong horse and now expect Joe average to pay the price, every which way! ENVIRONMENTALLY, ECONOMICALLY!
Alan B.
Posted by Alan B., Thursday, 10 December 2020 11:02:57 AM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Why not keep it simple?
If mining of any sort, doesnít pay in current climate; cease production until it becomes profitable.

Dan
Posted by diver dan, Thursday, 10 December 2020 7:08:14 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
Yes as far as I know the shale industry has always been a financially shaky boondoggle. Such has always been cogently argued by James Howard Kunstler. It leaves behind a ruined landscape and most importantly forever contaminated water supplies - it also uses huge amounts of water.
And, as far as I know there are now hundreds or perhaps thousands of abandoned sites which will NOT be cleaned up by the companies that create them.

Such clean ups will be left to the long suffering taxpayer who will have to pay for them, which of course means that these sites will never ever be cleaned up - just like the hundreds( even thousands) of toxic Superfund sites all over America.
Posted by Daffy Duck, Thursday, 10 December 2020 7:24:19 PM
Find out more about this user Recommend this comment for deletion Return to top of page Return to Forum Main Page Copy comment URL to clipboard
  1. Pages:
  2. Page 1
  3. All

About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy