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-   -   China, Russia sign $400 billion gas deal (https://www.revscene.net/forums/695409-china-russia-sign-%24400-billion-gas-deal.html)

Mr.HappySilp 05-24-2014 06:38 PM

Quote:

Originally Posted by Timpo (Post 8476569)
seems like oil and gas industry is still a massive business and will always be

Until we ran out of them.

tiger_handheld 05-24-2014 07:24 PM

What does this mean for CNOOC owned co's in Alberta and LNG lines in BC?

Traum 05-24-2014 10:41 PM

Quote:

Originally Posted by Mr.HappySilp (Post 8476576)
Until we ran out of them.

With the much wider adoption of fracking and shale gas, it'll probably be a while yet before we run out of them. But the more I read about fracking, the worse its environmental impact seems to be compared to traditional drilling...

Timpo 05-25-2014 01:20 AM

^ I bet they could care less about environment impact...it's all about money.

Timpo 05-25-2014 01:20 AM

Quote:

Originally Posted by Mr.HappySilp (Post 8476576)
Until we ran out of them.

that would take hundreds of years...and Canada has shitload of oil sand

Ulic Qel-Droma 05-26-2014 05:02 PM

i revise my statements, this whole thing is not a big deal at all. petrodollar or not.


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