They forgot to mention production cost. They also forgot to mention the oil industry report last week that the oil industry won’t be able to meet demand over the next two decades. This industrial process will cost more than simply producing oil from wells. Same as the last thread a couple days ago.
If the oil industry can't meet demand, won't prices rise, and thus, couldn't shale become viable, despite its higher production costs?
If they can extract for $20 rather than pay $78, what will they do?