Cassandra’s Legacy; Nov 22, 2016

So, the USGS comes out with a press release that the media immediately diffuse in terms of a great discovery: 20 billion barrels, somewhere in Texas in a place called “Wolfcamp”.  Bloomberg multiplies the number by the current oil price and comes up with a title that reads: “A $900 billion Oil Treasure,” for a piece that tells of “bonanza” and of “the gift that keeps on giving”. USA today speaks of “The Largest Oil Deposit Ever Found in the US“. And how about the comments? Just a few examples.

More

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *