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The New Political-Economy | Russell Napier, Edward Chancellor, & Helen Thompson

Hidden Forces

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The Energy Crisis and the Shale Boom

The shale boom is going to continue for some time. The current cost of procuring more has made it unviable. We're in a structurally different set of energy conditions than we were even five or six years ago. So we've now got a title energy conditions allied to a more difficult monetary and financial environment. But there's still life in the shale boom, but it cannot grow at the same rate as before.

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