Jim Litwinowicz's Blog – October 2011 Archive (1)

US vs OPEC

There is much talk and hope that all this shale oil and gas will get the US freed of dependance on OPEC oil.  The Bakken, Eagle Ford, Utica and more have great oil potential. The Marcellus, Utica, Hainesville, Barnett and more have great gas potential, especially if we convert  major portion of our transportation to natgas. All of these should help us wean ourselves off of foreign oil and gas, which would fantastic for the country.

But one problem with that scenario is competitive…

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Added by Jim Litwinowicz on October 28, 2011 at 3:47am — No Comments

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