…right now there are regulators in the Chinese government that would like to increase competition, would like to see a more rapid growth in shale production but just are not that powerful relative to the ones that hold the power in the SOEs…
…we have entered into a fairly dangerous period of about five years, where we are congratulating ourselves on our great fortune of having all these additional tight resources that are simply not going to be there in ten years time…
…maybe we also should build more pipelines within the country and work on making the U.S. a more coherent market instead of solely focusing on exporting…
…the question of geostrategic consequences on countries such as China is an issue where I believe we are not there yet…
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