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ConocoPhillips CEO: Skeptics warnings of shale bubble are unfounded

fuelfix.com Published: February 21, 2014
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ConocoPhillips CEO Ryan Lance targeted shale boom skeptics Friday, refuting arguments that the surge in oil and gas production will be short-lived, the Houston Chronicle reported.



Speaking at Rice University’s Baker Institute for Public Policy, Lance said he believes the country’s shale revolution is only in the “first inning of a nine inning game,” and critics shouldn’t assume growing shale production will stop any time soon.

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