From Bits to Booms; the Backbone of the Oil Industry

On a fine and sunny afternoon, my fiance Adam and I went to Cade 21. This day is located near the intersection of the county roads 74 and 29, near the town of Eaton. In the middle of the field you can see a tall white standing rig like the Eiffel Tower, surrounded by large blue, yellow or white containers. You head for a dirt road, there is a small sign that informs you that this is the entrance to Cade 21.

Higher Economic Growth: While the oil and gas industry occupies a relatively small part of the overall US economy, analysts tend to believe that the frustration boom will help boost the country's growth. JP Morgan estimates that economic growth has increased by 0.3 points due to oil and gas boom in 2013. In other models, it shows that the economic growth rate increases by 0.5 point per year over the next 10 years. Declining energy prices (sometimes): Oil is still quite expensive, as crude oil prices depend on global supply and demand factors. However, since the middle of the 2000s, heating demand has sharply increased, the price of natural gas in the US sharply declined (recovered during the cold winter of 2013). This will save money for consumers. This also means that the power plant is more likely to use natural gas as electricity.

This is wrong. Because it missed the big change in the way we produce energy. Many people believe that high oil prices and natural gas prices of the Organization of Petroleum Exporting Countries have brought a shale energy boom in the United States. It's not. Cher Boom was born in the age of low energy price. This is the result of a new technology that makes recovery of large quantities of petroleum and natural gas cheaper than before. I received a letter from James Howard Kunstler from time to time. He said that the letter he wrote is completely bass and his book explains that we will run out of energy and collapse. His books (about 12 books in Wikipedia) and dozens of other warnings about our oil peaks. (As a record, James, a longtime editor of my staff, is firm in your camp, I guarantee you will receive all your letters, reports etc. However, Charlie is an extraordinary editor, you have made some strange editing techniques to make you look better.