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I dunno. That seems very short sighted. Maybe that is indeed the case, and they are burying their heads in the sand (heh). I think they're very aware that once
by jfoutz 12y ago
I dunno. That seems very short sighted. Maybe that is indeed the case, and they are burying their heads in the sand (heh).
I think they're very aware that once oil hits $50 a barrel (or whatever) oil companies in the U.S. flip the switch and turn shale production back on. It's not "lost technology". If anything new technologies will ramp up even faster thanks to the recent boom.