27 Dec '11, 2pm

Great article for all you "fools" who think that shale or sand or pipelines are going to save us @cspanwj

Jonathan - Nothing to add about the Bakken...not my area. But I will update a bit of the CA gold rush history you offered. In 1980 I went to work for a company (Natomas North America) founded by Mr. Sutter (owner of Sutter's Mill). One of the oldest US corporations. After many decades of gold mining the company reclaimed one of its mined out areas and built a planned community thus becoming a real estate power in CA. Along the way they also picked up the American President's steamship company. Many folks see their containers as they wait for the train to pass. Easy to spot: the containers carry at big red logo that looks a lot like the German Luftwaffe symbol. Watch for them net time. Now the oil patch connection and the ultimate "bubble" tale. A group had been drilling one dry hole after another offshore Indonesia. One partner gave up and sold their interest to Mr. Sutter...

Full article: http://www.theoildrum.com/node/8697#more

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