OTCPK:TLSMF - Post by User
Comment by
dinkdestroyeron Feb 25, 2013 8:14pm
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Post# 21040808
RE: reply to chopperlam:Huh?
RE: reply to chopperlam:Huh? Eventually, the laws of economics will detirmine the amount of supply. Given we are 5 years into this shale gas experience, I think it would be dangerous project past behavior of producers into the future. First of all, much of the shale gas drilling up until now was to hold leases and companies did not anticipate this glut/price. If the current glut were to continue going forward, I would anticipate much of this potential supply may not come on line as costs rise faster than the price. At some point demand will have to increase to meet the supply, or economics will shut this insanity down. The question is, when do we reach that point.