DrillingInfo.com engineering research analyst...
All energy production booms must fade. Eventually it becomes too expensive to drill — and there are, after all, a finite amount of resources in the ground. But as of October 2013, the Great American Shale Boom is showing few signs of losing steam. The EIA is out with a […]
U.S. energy independence is a myth. Oil is a globally traded commodity, so no matter how much oil and gas emerges from the Great American Shale Boom, the price we pay at the pump will remain dependent on supply and demand in the rest of the world, including the Middle […]
It’s the 40th anniversary of the first Middle East oil embargo, which triggered a gas crisis in American and forever changed the course of U.S. energy policy. The Wall Street Journal’s Ben Lefevbre has a good piece discussing how much things have changed. Thanks to the Great American Shale Boom, […]
First came the Bakken in North Dakota. Then came the Eagle Ford, on the Mexican-Texas border. In a new note, Goldman Sachs’ Jeffrey Currie says the third epicentre of the great American shale boom is about to reveal itself. Its location: West Texas’ Permian Basin. We’ve put his projections for […]
China in particular could be disappointed.
Trade deficit shrinkage.
“The chances of the U.S. being independent in oil are very slim."
Just look at Iran.
The dream of the '90s.
Each week, Baker Hughes puts out a tally of all the oil and gas rigs in North America.