This news just broke out here as a news story... something that a lot of you in the Haynesville Shale have known for awhile.... however, here it is if you'd like to read it!
http://www.kptv.com/news/26806939/detail.html
http://www.kptv.com/news/26806939/detail.html
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From the first article:
By 2020, oil imports could be slashed by as much as 60 percent, according to Credit Suisse's Morse, who is counting on Gulf oil production to rise and on U.S. gasoline demand to fall
60 percent reduction in oil imports?
We use 20 million bbls each day now.....
We produce 5 million bbls/day
Estimated gain: 1/2 to 2 million bbls/day
Sounds like someone is using 'Wish Math' to calculate a pipe dream. If this did play out, and there is a real 60% reduction in the use of gasoline by 2020, we would have to raise gas taxes plus begin taxing based on mileage driven.
Also in the article: Shortage of women. Sounds like a old western I saw the other day.
Regarding a shortage of women
North Dakota: housing shortage("man camps"), SUN shortage, heathcare shortage.
It's surprizing they're not turnin'em away at the state border.
In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
ContinuePosted by Char on May 29, 2025 at 14:42
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