Production flows from a given oil field naturally decline over time, but we keep trying harder and technology keeps improving. Which force is winning the race?
Articles: tight oil (109)
The story of America’s new energy abundance has been accepted uncritically by too many people.
Most climate activists believe that talking about limitations on fossil fuel supplies hurts their argument for swift, decisive action on climate change. Nothing could be further from the truth.
Hopes of a shale bonanza to replace dwindling conventional resources took a battering this week.
The great Monterey Shale oil myth got its start back in July 2011 when the EIA stapled a cover on a contractor-produced “study” that it paid for entitled Review of Emerging Resources: U.S. Shale Gas and Oil Plays.
When considering shale economic viability, hype was the only aspect that actually existed.
It turns out that the oil industry has been pulling our collective leg. The pending 96 percent reduction in estimated deep shale oil resources in California calls into question the premise of a decades-long revival in U.S. oil production and predictions of American energy independence.
We spoke with Chris Nelder in Extraenvironmentalist episde #76. This is the first part of a transcript prepared by EE listener Scott.
In these interviews, we look at peak oil theory with Richard Heinberg and James Hamilton.
•Marcellus shale legacy wells showing increasing depletion rates •Is the U.S. Shale Boom Going Bust? •Pollution Fears Crush Home Prices Near Fracking Wells •France's Total calls time on Polish shale license •EPA drastically underestimates methane released at drilling …