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News Link • Energy

110 Million Barrel Per Day by 2020

• arclein
able to that of the Bakken Shale. Most of U.S. shale and tight oil are profitable at a price of oil (WTI) ranging from $50 to $65 per barrel, thus making them sufficiently resilient to a significant downturn of oil prices.

1 Comments in Response to

Comment by Matt Schnackenberg
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how is the processing of shale oil that cheap? Also, the dangers involved means companies involved need way stricter attention from state's allowing it. 


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