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the company has access to a rolling credit arrangement but there are strings attached ie the price of oil backward looking over a period of time
Shale Oil / Gas may be alternative source of energy - but it has lots of drawbacks. 1. It causes 4 times as much greenhouse gas than producing normal crude oil. 2. It is done by mining fossil rock which has to be processed resulting in a lot of waste material. 3. It has to be re-processed on certain conditions to remove impurities.
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