Chris Martenson om skifferoljan
"Shale oil is being pumped out of the ground as fast as possible, surprisingly
with no profits to be seen (collectively, the shale oil industry has been a
massive loss-making enterprise so far). Drillers have to pump to simply to keep
the debt and equity that’s already in play in motion. Shale holes aren't being
drilled and fracked because it makes sense, or because it's the right thing to
do at this moment in time; but simply because all of that money printed by the
Federal Reserve had to go somewhere and do something. And right now, it's
flooding into the oil patch.
with no profits to be seen (collectively, the shale oil industry has been a
massive loss-making enterprise so far). Drillers have to pump to simply to keep
the debt and equity that’s already in play in motion. Shale holes aren't being
drilled and fracked because it makes sense, or because it's the right thing to
do at this moment in time; but simply because all of that money printed by the
Federal Reserve had to go somewhere and do something. And right now, it's
flooding into the oil patch.
Any sane person should sit back, scan the ratio of mess-to-benefit provided by
shale oil and shout: Stop! But apparently we “need” the jobs, the
money, the oil Right Now! "
shale oil and shout: Stop! But apparently we “need” the jobs, the
money, the oil Right Now! "
(från detta viktiga blogginlägg av Chris Martenson)
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