Comments by "Harry Mills" (@harrymills2770) on "Putin may challenge US shale industry: Former Shell Oil president" video.

  1. It'll hurt frackers for the short term. Saudi and Russia will bring in some more revenue through volume sales for a time. But the price is so elastic that it mainly helps people who BUY oil. Good deal for poorer people heating their homes and fueling their vehicles. Good deal for China and other major oil importers. Still waiting for "peak oil." Was supposed to hit us 10 years ago. Still waiting for climate-change predictions to actually be borne out by evidence, too. The science is settled, they say. They are wrong.
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