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Oil prices are plummeting. Here's why that's a big deal (vox.com)
9 points by cpg on Oct 8, 2014 | hide | past | favorite | 1 comment


What is not clear in my mind is how long the Dakota shale boom will last. I have read somewhere that by 2025 most of oil that can be recovered at $100 will be depleted. So likely the price will increase sharply again. So what is the next frontier ? Arctic shale oil ?




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