CollapseBlog.com

News, headlines, and information about the coming collapse.

U.S. Shale Bubble Inflates After Near-Record Prices for Untested Fields - Bloomberg

“Surging prices for oil and natural- gas shales, in at least one case rising 10-fold in five weeks, are raising concern of a bubble as valuations of drilling acreage approach the peak set before the collapse of Lehman Brothers Holdings Inc.”

Source: http://www.bloomberg.com/news/2012-01-09/shale-bubble-inflates-on-near-record-prices-for-untested-fields.html

  1. ceabooth reblogged this from collapseblog
  2. collapseblog posted this
notes 34 notes posted Posted: January 10, 2012
Comments
blog comments powered by Disqus   
tagged EnergyEnergy CrisisPeak OilLibertarianCollapsePrepperFinancial CollapseFinancial CrisisEconomics