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OakesCS

06/05/10 9:55 PM

#1009 RE: DewDiligence #1008

Re: Anti-fracking propaganda

i totally agree that there is an emotional side to this and guys like Markey are playing into as hard as they can. He is the worst kind of politician. I'm sure he's very proud of himself but he should really be embarassed nearly every time he opens his mouth.

as for bull or bear on shale gas: the only way the DwH makes a difference is in the emotional aspect (bearish). Obama's kabosh on shallow water exploration permits until they review regulations may have some effect because many of those wells would probably be gas producers (bullish). I think the shale gas biz has made enough in-roads where it will continue.