Zombie Oil ?

Euan Mearns on Energy Matters posted the following

The current “low oil price crisis” is providing a clear and new perspective on the nature of the peak oil problem. If low price does indeed destroy high cost production capacity then this will raise the question if the high cost sources can ever be brought back? IF low price kills the shale industry can it come back from the dead? (my bolding)

So if shale comes from the dead will it join Peak Oil and become Zombie Oil?


About Louis Hissink

Retired diamond exploration geologist. Trained by Western Mining Corporation and polished by De Beers.
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