Revisiting the Shale Oil Hype: Technology versus Geology
By David Hughes, Post Carbon Institute
Irrespective of price, geology is trumping technology in the Bakken and Eagle Ford plays.
Tag: tight oil
Lifting the U.S. Oil Export Ban Is No Solution to Low Oil Prices
By Arthur E. Berman, The Petroleum Truth Report
Lifting the oil export ban would only perpetuate the problem of over-production. That is no solution to low oil prices, lost jobs or lower oil-related spending.
ExxonMobil CEO Wrong About “Resilience” of Tight Oil Production
By Arthur E. Berman, The Petroleum Truth Report
ExxonMobil CEO Rex Tillerson is wrong about the resilience of U.S. tight oil production.
Has California’s Fracking Boom Already Gone Bust?
By Tara Lohan, BillMoyers.com
There was a time, just a few years ago, that most news reports deemed a shale oil boom inevitable in California. But now, it’s not looking like such a sure thing after all.
Oil Prices Don’t Change Because of Rig Count
By Arthur E. Berman, The Petroleum Truth Report
Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because of some change in the Baker Hughes North American rig count
Is the US Overplaying Its Energy Hand?
By Richard Heinberg, Post Carbon Institute
The evidence suggests the United States is playing energy poker with a pair of jacks in its hand, but betting as if it had four aces.
Peak Oil Review – Feb 17
By Tom Whipple, ASPO-USA
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Russia/Ukraine, Quote of the Week, The Briefs.
Arthur Berman Interview: Why Today’s Shale Era Is The Retirement Party For Oil Production
By Chris Martenson, Adam Taggart, Peak Prosperity
To separate the hype from reality on US shale oil, our podcast guest is Arthur Berman, a geological consultant with 34 years of experience in petroleum exploration and production.
No Oil Price Rebound Yet: An Explanation in Two Charts
By Arthur E. Berman, The Petroleum Truth Report
The Wall Street Journal on Tuesday, February 10 proclaimed “Oil-Price Rebound Predicted” according to the IEA. - Not true.
After the Peak
By Richard Heinberg, Post Carbon Institute
Within a couple of years, those of us who have spent most of the past two decades warning about the approaching peak may see vindication by data, if not by public opinion.
Dumb and Dumber: U.S. Crude Oil Export
By Arthur E. Berman, Petroleum Truth Report
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time.
Fracking Fracas: The Trouble with Optimistic Shale Gas Projections by the U.S. Department of Energy
By David Hughes, Post Carbon Institute
The implications of the EIA being wrong on its projections of cheap and abundant gas for decades are considerable.