[for-q-clinton]

But shutting down shale/fracking wells is easy and no future production is lost. Unlike the Saudi oil wells if they turn those off they lose future production because the well loses production capability due to the pressure decreasing.

So with Shale we can just cap it and come back when the price is right again. Meanwhile we get cheap Saudi oil and when it gets too high we turn on the fracking wells and keep the cost reasonable :-)

[thackney]

But shutting down shale/fracking wells is easy and no future production is lost.

Your assumption is false.

http://www.freerepublic.com/focus/chat/3233396/posts?page=102#102

[Bloody Sam Roberts]

So with Shale we can just cap it and come back when the price is right again.

Just like the Magratheans did when the Galactic economy tanked.

[Starstruck]

So with Shale we can just cap it and come back when the price is right again. Meanwhile we get cheap Saudi oil and when it gets too high we turn on the fracking wells and keep the cost reasonable :-)

I know nothing about the oil business, but wouldn't you have already spent the bulk of production cost already when you have the well in place? Are the owners of the land you leased going to be happy with no production?