Re: Rebuttal of Hubbert Peak Oil and Hubbert type models
Posted: Wed 18 Apr 2018, 13:13:31Bankrupt Australia is going fracking. When will production start?
Answer: Never
The announcement, which drew criticism from environmentalists, reopens shale gas reserves in the Beetaloo and McArthur basins for development. It immediately sent shares in commodity explorers in the region sharply higher, even though production is not expected to begin for about a decade.
Australia's Northern Territory lifts fracking ban - Reuters
https://www.reuters.com/article/us-aust ... SKBN1HN360
2 days ago - The Northern Territory (NT), a 1.4 million sq km (540,000 sq miles) expanse of outback extending from the center of Australia to its northern coastline, had banned hydraulic fracturing, commonly known as fracking, in September, 2016 amid concerns the drilling method could harm the environment.
Answer: Never
The announcement, which drew criticism from environmentalists, reopens shale gas reserves in the Beetaloo and McArthur basins for development. It immediately sent shares in commodity explorers in the region sharply higher, even though production is not expected to begin for about a decade.
Australia's Northern Territory lifts fracking ban - Reuters
https://www.reuters.com/article/us-aust ... SKBN1HN360
2 days ago - The Northern Territory (NT), a 1.4 million sq km (540,000 sq miles) expanse of outback extending from the center of Australia to its northern coastline, had banned hydraulic fracturing, commonly known as fracking, in September, 2016 amid concerns the drilling method could harm the environment.