Re:Wall Street Is Finally Going to Make Money Off the Permian
by tiedieconderoga on Thursday April 27, 2023 @11:08PM
(#35737069)
This article is paywalled after the first couple of paragraphs, but..."Finally"?
Nobody likes extracting and burning hydrocarbons, but let's be honest. Shale gas removed a lot of uncertainty around the US' ability to supply itself with energy in a pinch, and markets love stability.
Wall Street has already made plenty of money off of places like the Permian basin and Bakken fields.
Nobody likes extracting and burning hydrocarbons, but let's be honest. Shale gas removed a lot of uncertainty around the US' ability to supply itself with energy in a pinch, and markets love stability.
Wall Street has already made plenty of money off of places like the Permian basin and Bakken fields.