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Posted By: JimCrandell

Just what we need--more regulation and the government stepping in to impose their solution--anyone want to predict how this would turn out?

There is no end in sight to supplies as long as the economic incentive is there and the industry is not restricted from deveoping them. Just look what the US industry has been able to do in deveoping coal-bed methane, oil shale and tight sands onshore. In Canada as was pointed out there is the great potential of oil sands--take the shackles off of the oil industry and watch how quickly our energy "problem" improves.