[lbo-talk] U.S. oil production soars

Shane Mage shmage at pipeline.com
Wed Mar 2 15:35:00 PST 2011


On Mar 2, 2011, at 6:20 PM, Doug Henwood wrote:


> [memo to peak oilers: a breaking news alert from the FT]
>
> US oil production revives despite offshore disruption
>
> US oil production last year rose to its highest level in almost a
> decade, thanks to an increase in the use of “unconventional”
> extraction techniques

But what was the $cost per barrel of those "unconventional" techniques? And what was the (unaccounted) environmental cost?

Shane Mage

"All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods."

Herakleitos of Ephesos, fr, 90



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