“There is reason, however, to call for free, liberated markets where the creative labor human beings long to conduct can begin a transition economy. For if we lived in a truly freed market system, without state intervention, the modern, centralized fossil fuel industries would surely crumble under their enormous cost. Without federal involvement in energy markets, fossil energy firms (among the largest corporations on the planet) would instead focus on the creation of new energy models and internal risk-pooling to examine alternatives to high-risk projects.”
In the vast arid lands of the Arckaringa Basin in Australia a major shale oil discovery has been made. Linc Energy has discovered across 16 million acres of land an estimated 133 – 233 billion barrels of shale oil lies in the regions lithology. No matter how much of this oil is recoverable using modern technology, this discovery is sure to be valued in the trillions at current market value. Peter Bond, chief executive of Linc Energy, is marketing a deposit that has the potential to transform the global oil industry. This is an incredible finding with incredible consequences.
Oil is a highly sought after commodity, and rightly so, as it currently fuels much of the developed worlds economy – along with other fossil resources such as coal. Investment in this new discovery will suit well for investors, there is a lot of money to be made and…
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