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DewDiligence

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Re: OakesCS post# 76945

Thursday, 04/30/2009 4:47:30 PM

Thursday, April 30, 2009 4:47:30 PM

Post# of 252301
[OT] Re: Natural-Gas Production Goes from Bust to Boom

This is from a recent WSJ article about purchased rights to water from the Colorado River (http://online.wsj.com/article/SB123741925013178161.html ):


Shell does not expect to need large quantities of water for at least 15 years… and by then it may have developed less water-intensive ways to extract oil, perhaps using wind power.

Comments?


“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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