The referenced article details what is happening with the big picture in the PA oil and gas fields with the rush to drill there. It is a parable describing the process of moving from discovery and risk to stability and security. Those who only focus on the short term effects of initial market instability are missing the promise of the future as presented in the last paragraph.
“The development of the Marcellus and Utica shale formations, however, will proceed over a long period, and the volatility of supply, demand, and prices will lessen as time goes on. With that stabilization will come equally stable, long-term economic benefits for Pennsylvania.”
WD6A: When you allow natural market forces to operate, without government interference and political instability, you will reach a relative stability of supply, demand, and cost for energy or any other resource.
Semper Fi,
GySgt. DD Barton, Ret.
2236292
“War Dog 6 Actual, Over”
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