The reason I post this Max Keiser video is that at the beginning, he and Stacy talk about fracking and how the “oil powers that be” are finding out that it does not yield as much as they thought it would.
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[youtube=http://youtu.be/GvTzMHCeiZA]
“In this episode of the Keiser Report, Max Keiser and Stacy Herbert, discuss the Red Queen syndrome of running to stay in the same place – from money printing to fracking, more and more capital and energy are deployed just to stay economically even. In the second half, Max interviews Gregor Macdonald of Gregor.us about fracking, tight oil and the mythical future in which America is an oil giant – especially if oil prices EVER fall below $80 per barrel.”
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