If readers navigate to this website, they will discover some interesting facts regarding the current booming market in shale oil production. The development of new technologies has made this product far more economical than it seemed just forty years ago. Then, analysts were concluding that coal liquification was more cost-competitive, and that was for a process that was horribly inefficient and expensive in that day.
The United States alone holds more than 3.7 trillion barrels of oil locked up in its shale deposits. This is nearly fourteen times the stated known oil reserves of Saudi Arabia. But until new methods of extraction and processing were invented out of sheer necessity, all that shale oil was, for all intents and purposes, inaccessible. In the last seven years, that situation has changed radically. Shale oil production in the United States was rendered practical enough to stave off an OPEC attempt to break the shale industry through increased production of oil to depress the prices and kill its competitiveness. Instead, U.S. shale producers came out on top, as did consumers who saw falling gas prices at the pump, and so did investors who had made smart purchases.
Now, other countries with their own vast shale reserves are getting into the act. China, Mexico and Argentina have some of the world’s large deposits within their territorial land spaces. To properly exploit these, the state and private oil and gas producers in these countries are going to need the help of multiple technical, equipment supply, and production service companies. This is where investors have the opportunity to truly cash in.
It was said once that there were two ways to become rich off a gold rush: either be the guy who makes the big strike, or be the guy who runs the general store selling everything to the miners that they need. The former course had the evasive but desired promise of the Big Payoff behind it. The latter course guaranteed the certain promise of the Sure Payoff. Because, as long as the shale fields are under production, people are going to have to buy extraction equipment, computers, pipeline stock, parts, and transportation apparatus to service the industry. Buying index-linked funds and stock in these downstream supply companies will practically guarantee steady profit over the long run. And that’s always the winning strategy in the investment game.… Read More
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The Ultimate Guide to Businesses
You will need to work with people who will give you access to the codes so that you may be able to upgrade the software’s whenever you need. There will come a time when you may need this and it is key to find the person who understands this too well. You will require a case where all the agreements are always well written and also signed off in the right manner.
The Ultimate Guide to Businesses
Communication is key in this area of web design. Ensure you look at the designers and see what is really required of them. You will have to look at the people they may have worked with before and see if the work they did was upto the standards required. You will find that testimonials will help you understand the kind of people you are dealing wuth.… Read More