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Oil prices are plummeting. Here's why that's a big deal

9 pointsby cpgover 10 years ago

1 comment

serenover 10 years ago
What is not clear in my mind is how long the Dakota shale boom will last. I have read somewhere that by 2025 most of oil that can be recovered at $100 will be depleted. So likely the price will increase sharply again. So what is the next frontier ? Arctic shale oil ?