Re: Has the Great Contraction Begun?
Posted: Mon 07 Mar 2016, 18:23:09
americandream wrote:Is that a systemic contraction (fundamental) or a political event (cyclical) though? We will never know with energy (as that is the basis of much of how we pontificate here) as that sector is a mystery reserves wise. We can trying looking at objective price but who is going to or is able and willing to?
So in the final analysis it is my speculation versus yours. That said, there is clearly energy capacity in the system with fracking and shale so I think it is reasonable to assume that we are in another cycle.
Assuming fracking and shale actually produce significant usable net-energy, rather than just Entropy in the form of atmospheric Methane plumes, Earthquakes and toxified aquifers.