oil price is very difficulty to predict..by the time we know it, it is probably too late.. just imagine how much people loss to short oil lately.
shale oil and conventional oil are working on different economics parameters. one is less capital intensive/short turnaround period etc.
the feasibility of shale is a proven concept as long as prices are not too low to make a margin. honestly, there is not sure bet in investment, it is a matter of whether we think we have a better odd to win.. IMHO, this is a good odd with limited downside too. DYOR
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