Comment on Stupid Questions March 2015

Fri, 06 Mar 2015 01:26:06 GMT

For years people have been noting that the entirety of the anemic growth in world oil production has been coming from these high-cost tight oil deposits and tar sands in North America, with all the companies involved going into massive debt resembling a financial bubble because the world economy could not support prices that high. It was no surprise to many that that would fall apart messily.

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