MacroVoices #386 Lyn Alden: Energy, Inflation & much more
Macro Voices
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The Rise of Shale Oil Production
Shale oil is quicker to bring online and it also depletes quicker which means you have to put constantly put money back into it in order to sustain the production levels that you're getting. I think basically we're still in a structurally bullish environment until there's some sort of significant amount of capex going on with shale oil. Lynn: 20 years ago people who predicted peak oil were dead wrong as everybody seems to think they are now.
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