Yep. The "unconventional fuels" euphoria of the past several years has been based on contradictory premises: 1. that the price of fuels will remain high enough to make the unconventionals profitable and 2. that the price of fuels will remain low enough to sustain economic growth and the demand for the high-priced fuels. Meanwhile exploration and development of unconventionals was central to growth strategy.
On Tue, Sep 30, 2014 at 6:26 PM, Eubulides <[email protected]> wrote: > > > ________________________________ > > Date: Tue, 30 Sep 2014 18:12:48 -0700 > > From: [email protected] > > To: [email protected] > > Subject: Re: [Pen-l] Portent for world economic slump? > > > > Yep. > > ======= > > Is yep quantifiable? > > The fetishizing of asset prices/pricing has made as much of a mess on our > planet as all the cement plants, cars-factories...but I drift. > > E. > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Cheers, Tom Walker (Sandwichman)
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