All things pertaining to the leasing, drilling and production of shale gas and oil.
Today's headlines — Ebola, Ukraine and ISIS — are fearsome. Yet amid the bad news, there is hope for greater U.S. security through energy.
Gone are the days of stressing over OPEC and oil-supply disruptions; that 40-year nightmare is over. Today, we're experiencing an oil and natural gas boom that promises to strengthen the country.
Rising U.S. crude production generates huge economic benefits. Oil…Continue
Posted by Keith Mauck, Publisher on January 13, 2015 at 9:31pm
Crude oil prices have dropped 38% since June for two reasons. Shale oil production in the US Bakken, Eagle Ford, and Permian basins has increased dramatically - by more than 4 million barrels per day since 2008. At the same time, worldwide demand for crude oil has declined as a result of slowing economies in China and Europe.
Starting in January 2012, the US crude oil benchmark, West Texas Intermediate (WTI), bounced around $100/Bbl (dollars per…Continue
Posted by Jim McDonnell on December 9, 2014 at 6:30am
Think about how the Obama administration sees the state of the world. It wants Tehran to come to heel over its nuclear programme. It wants Vladimir Putin to back off in eastern Ukraine. But after recent experiences in Iraq and Afghanistan, the White House has no desire to put American boots on the ground. Instead,…
Posted by Keith Mauck, Publisher on November 14, 2014 at 8:30am
The conspiracy theories surrounding the death of Total SA’s chief executive, Christophe de Margerie, started the second the news broke of his death. Under mysterious circumstances in Moscow, his private jet collided with a snowplow just after midnight. De Margerie was the CEO of Total, France’s largest oil company.
Posted by Ray @ The Crude Oil Trader on October 25, 2014 at 8:27am
The carnage from falling global oil prices is felt throughout the stock market. Energy producers have suffered the brunt of the damage inflicted by the 20+% drop in Brent and West Texas Intermediate (WTI) oil prices since last June, but other energy subsectors have been hurt, too. Many of the companies significantly damaged price-wise were perceived as prime beneficiaries from continued high oil prices such as renewable energy…Continue
Posted by Keith Mauck, Publisher on November 5, 2014 at 9:30am
Almost without exception, today’s shale wells are stimulated using water-based fracturing fluids (slickwater). This technique is popular due to its ability to transport proppant effectively at a relatively inexpensive cost. However, it is a magnet for criticism from environmentalists, who are concerned about the incredible volume of water needed as well as the resulting contaminated wastewater which must be treated and disposed of properly. Water use is often cited as one of the primary…Continue
Posted by John W. Landman on November 2, 2014 at 7:17pm