The Surprising Data Behind Shale Oil
Hooray, oil is suddenly much cheaper than it used to be. That’s great news, right? Not so fast.
tight oil
US crude imports from Non-OPEC countries peaked 10 years before tight oil boom
In this post on the impact of US tight oil, we look at US crude oil imports from Non-OPEC countries.
US Oil Consumption and the US Tight Oil Boom
There is no statistical evidence that US oil consumption increased as a result of skyrocketing tight oil production which one would expect in an oil boom.
The Revolution That Wasn’t: Why the Fracking Phenomenon Will Leave Us High and Dry
A new, landmark report shows that hopes of a long-term golden era in American oil & gas production are unfounded.
Drilling Deeper: A Reality Check On U.S. Government Forecasts For a Lasting Tight Oil & Shale Gas Boom
Drilling Deeper reviews the twelve shale plays that account for 82% of the tight oil production and 88% of the shale gas production in the U.S.
Peak Oil Notes – Oct 16
The price plunge which began in mid-June when New York oil futures trading around $105 a barrel continued this week with oil touching $80 on Wednesday before recovering to close at $81.78.
Has OPEC Check Mated US Shale Producers
Faced with the prospect of losing market share to tight oil producers in the US, OPEC has simply taken the most prudent business decision. Keep the taps open.
The Peak Oil Crisis: When?
The key question is just how many more months or years will production of U.S. shale oil (more accurately call light tight oil) continue to grow.
IEA report implies US crude production may start to peak 2016
When it becomes apparent that US tight (shale) oil has peaked, there will be a public confidence crisis because the media are parroting the oil and gas industry’s claim that shale oil is an energy revolution and game changer. Indeed, the game will change, but in unexpected ways.
Blame the Environmentalists
CEOs of companies engaged in shale gas and tight oil drilling are undoubtedly aware of what’s going on in their own balance sheets, hype is an essential part of their business model.
Keeping Oil Production From Falling
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?
Oil Abundance? Not So Fast – Drilling holes in the energy boom story
The story of America’s new energy abundance has been accepted uncritically by too many people.