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Supports my observations which allowed me to get myself as well as extended family out of debt and out of overpriced real estate over the three years of 2005 to 2008.

Have not read the whole thing but the in the abstract there is no real mention of the inferior quality of tight oil, they just just add it to existing barrels per day calculation which I believe should not be done. There is probably a way to calc the frac barrel equivalent to a sweet oil barrel. I would say a frac barrel is maybe 7/10ths?

Cheers!
jef

jef wrote:Supports my observations which allowed me to get myself as well as extended family out of debt and out of overpriced real estate over the three years of 2005 to 2008.

Have not read the whole thing but the in the abstract there is no real mention of the inferior quality of tight oil, they just just add it to existing barrels per day calculation which I believe should not be done. There is probably a way to calc the frac barrel equivalent to a sweet oil barrel. I would say a frac barrel is maybe 7/10ths?

Cheers!
jef

And...which report might you be referring to?

It seems the original post that I replied to is gone but here is the report.

"Oil from a Critical Raw Material Perspective"

http://tupa.gtk.fi/raportti/arkisto/70_2019.pdf