At $30/barrel oil, the whole shale gas complex is bankrupt.
If shale gas goes bankrupt, U.S.A. will not be energy neutral anymore. Trade deficits will probably skyrocket to above $1 trillion per annum.
If shale gas goes bankrupt, U.S.A. will not be energy neutral anymore. Trade deficits will probably skyrocket to above $1 trillion per annum.
All of this oil production will cease to exist.
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