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b65e8bee43c2ed0yesterday at 10:03 PM3 repliesview on HN

if those reserves were economically viable to extract, they would be already being extracted.


Replies

helsinkiandrewtoday at 4:47 AM

Everything depends on demand. Much of US shale oil hasn’t been economical to extract at times in the past decade. If oil drops below $60 most of the newer basins are not profit making. If oil demand (or OPEC) pushes oil below $35 the rest of US oil isn’t economical.

leguleretoday at 1:55 AM

Like this? https://www.thinkgeoenergy.com/vulcan-energy-achieves-drilli...

Economic viability depends on many things, lithium prices have been pretty volatile in the past, battery production in Europe as customers are just scaling up.

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stavrostoday at 1:57 AM

Prices change.