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At what price? Every time someone says "Fracking gives us 100 years of reserves", they always omit at what price. If most of that is cost-effective at $120 or
by floatrock 6y ago
At what price?
Every time someone says "Fracking gives us 100 years of reserves", they always omit at what price. If most of that is cost-effective at $120 or $140 / barrel, is it really fair to suggest that's a good reserve?
- JoeAltmaier 6y agoDunno about fracking. But Methane Hydrate is a drilling/warm water deal which seems pretty tame. The Japanese are doing it already (they have no other energy reserves).
- JoeAltmaier 6y ago...and if it leaks, the methane simply cools and forms hydrates again. Which has been happening on the ocean floor for 1B years.