Post #2837119
2026-05-16 19:55 UTC
FRACKING AND SHALE OILS ARE A BIT IFFY ON RETURNS
SUPER RISKY TO DEVELOP THEM AND YOU NEVER REALLY KNOW HOW MUCH ACTUAL VOLUME YOU CAN ACCESS
"SORRY, NIGGA! BUBBA COLLAPSED THE POCKET BECAUSE OUR INITIAL ESTIMATE OF HOW STABLE THE ROCK LAYERS WERE WITH GROUND PENETRATING RADAR WERE SLIGHTLY INCORRECT. WRITE OFF HALF THE POTENTIAL YIELD FROM THIS SITE. ALSO WE CONTAMINATED THE LOCAL AQUIFER WITH DRILL MUD LUBE. WHOOPSIE DOOPSIE POOPSIE!"
THEY'RE ONLY MADE VIABLE BY THE RIDICULOUSLY CHEAP LENDING, WHICH MEANS THAT THE UPFRONT LUMP SUM INVESTMENT IN PROCESSING FACILITIES FOR LIGHTER OIL WERE DEEMED TOO RISKY
YOU COULD INVEST BILLIONS, WAIT TEN YEARS, AND BE LEFT HOLDING THE BAG IF THE SHALE MIRACLE ENDED
AND NOW WHO'S GONNA BUILD THEM? NOBODY BUILDS ANYTHING HERE ANYMORE
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