Quote: (09-28-2016 10:46 PM)Laner Wrote:
Quote: (09-28-2016 10:03 PM)beta_plus Wrote:
Fracking will probably provide a medium to long term cap to how high it can go.
Keep in mind, the USA is way ahead of the rest of the world on fracking. That doesn't mean the rest doesn't want to catch up.
Between NA fracking tech and pipeline tech, we should have this continent wrapped up and pumping nicely. Good, clean, safe and secure gas and oil. But instead we are forced to use 50 yo pipes, trains and trucks. We can't get our oil to OUR OWN refineries, so bring in dirty foreign oil on tankers.
NA is a mess right now. It shouldn't be, but damn me if it isn't battling everyday to send itself back to the the 1930's.
You're making my point. Our infrastructure has really big problems yet fracking is a hit. What happens when a country that has its act together gets in on the action? The money will simply be too tempting not to do so.