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    - Peak Oil 101

    Started by TDoS Nov 07, 2024, 07:16 PM

    Message path : / Planetary Material Conditions / Peak oil / Exxon Joins OPEC in Warning of Looming Oil Supply Crisis #12


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    TDoS

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    • Posts: 508
    Nov 07, 2024, 07:16 PM
    Quote from: RE on Nov 07, 2024, 09:10 AMGood newz for a change.  :) Demand Destruction at work!

    https://marcellusdrilling.com/2024/11/ceo-of-pa-fracking-company-says-frackers-idle-hitting-rock-bottom/

    CEO of PA Fracking Company Says Frackers Idle, Hitting Rock Bottom

    RE

    I recall you once claiming that for fun you and some of those smart New Yorkers chosen by the Illuminati or the Ivy League or somebody once sat around and played out economic scenarios proving like illogical outcomes for fun?

    This one is easy. How much fracking do you think SHOULD be taking place when the net back commodity price to the producer is <$0/mcf?

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