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<blockquote data-quote="bacha29" data-source="post: 5474041" data-attributes="member: 58386">Tesla is expected to announce in the next few days the construction of a new plant in....Mexico. Fracking?&nbsp; Of course I&#039;ve heard of it . It&#039;s being conducted all through the Mid Atlantic region where the Marcellus is thick enough.Now tonight on Mad Money the special guest was Rusty Braziel executive chairman and president of RBN Energy. He forgot more about energy production than whoever you get your news from will ever know. And here&#039;s what Rusty had to say....70 is the new base price for oil and it&#039;s not going any lower. If China and US economy hits their stride.....plan on 100. In addition fracked oil wells pump dry faster than Russian wells which means that they are not the long term answer Now he said that the US could supply Western Europe with nearly all of it&#039;s LNG needs courtesy of the Marcellus&nbsp; but it would require the construction of numerous additional pipelines&nbsp; to East Coast ports. Getting there would require having to go through some of the most densely populated metropolitan areas of the country . Not a good place to be building high pressure nat gas lines . The more people&nbsp; watching what you&#039;re doing the less likely you are getting away with environmental and property damage. Sunoco found that out with Mariner II. As for fracking there are certain intellectual rights that protect the driller thereby not everything they put down that hole is public information.</blockquote>

[QUOTE="bacha29, post: 5474041, member: 58386"] Tesla is expected to announce in the next few days the construction of a new plant in....Mexico. Fracking? Of course I've heard of it . It's being conducted all through the Mid Atlantic region where the Marcellus is thick enough. Now tonight on Mad Money the special guest was Rusty Braziel executive chairman and president of RBN Energy. He forgot more about energy production than whoever you get your news from will ever know. And here's what Rusty had to say....70 is the new base price for oil and it's not going any lower. If China and US economy hits their stride.....plan on 100. In addition fracked oil wells pump dry faster than Russian wells which means that they are not the long term answer Now he said that the US could supply Western Europe with nearly all of it's LNG needs courtesy of the Marcellus but it would require the construction of numerous additional pipelines to East Coast ports. Getting there would require having to go through some of the most densely populated metropolitan areas of the country . Not a good place to be building high pressure nat gas lines . The more people watching what you're doing the less likely you are getting away with environmental and property damage. Sunoco found that out with Mariner II. As for fracking there are certain intellectual rights that protect the driller thereby not everything they put down that hole is public information. [/QUOTE]

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