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Keyword: shale

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  • Yes, Joe Biden Would Ban Fracking In Pennsylvania And The Rest Of The U.S.

    09/07/2020 4:21:11 PM PDT · by raptor22 · 9 replies
    Noisy Room ^ | September 7, 2020 | Daniel John Sobieski
    Joe Biden has made it clear that he was for fracking before he was against it. Forget the cognitive testing – the cognitive dissidence of the incoherent policies his puppet masters are feeding him through his earpiece is enough to disqualify him for the presidency and may doom him politically in key states like Pennsylvania just as Hillary Clinton’s pledge to bankrupt a lot of coal companies did. Banning fossil fuels and killing the energy independence Trump achieved before the Wuhan virus pandemic would kill the American economy and future hopes for recovery. It is said a little child shall...
  • Frack-Checking Joe Biden

    09/07/2020 7:14:45 AM PDT · by raptor22 · 2 replies
    American Rgunker ^ | September 7, 2020 | Daniel John Sobieski
    Joe Biden has made it clear that he was for fracking before he was against it. Forget the cognitive testing — the cognitive dissonance of the incoherent policies his puppet masters are feeding him though his earpiece is enough to disqualify him for the presidency and may doom him politically in key states like Pennsylvania just as Hillary Clinton's pledge to bankrupt a lot of coal companies doomed her. Banning fossil fuels and killing the energy independence Trump achieved before the Wuhan virus pandemic would kill the American economy and future hopes for recovery. It is said a little child...
  • $1 Oil: Saudi Arabia's Attempt To Crush U.S. Shale

    04/01/2020 4:20:45 PM PDT · by bananaman22
    Oilprice.com ^ | 04-01-2020 | Tom
    After having crashed nearly 70 percent in the first three months of 2020, benchmark WTI prices are trying to form a bottom around $20 per barrel. But this psychological threshold is looking increasingly shaky as global crude storage facilities are filling up at an unprecedented pace. OPEC and its partners officially ended their output cut deal today, following the words of Russian Energy Minister Novak that every producer is ‘’free to pump at will’’.
  • $1 Oil: Saudi Arabia's Attempt To Crush U.S. Shale

    04/01/2020 3:41:07 PM PDT · by nickcarraway · 88 replies
    Oilprice ^ | Tom Kool
    After having crashed nearly 70 percent in the first three months of 2020, benchmark WTI prices are trying to form a bottom around $20 per barrel. But this psychological threshold is looking increasingly shaky as global crude storage facilities are filling up at an unprecedented pace. OPEC and its partners officially ended their output cut deal today, following the words of Russian Energy Minister Novak that every producer is ‘’free to pump at will’’. With a flood of physical crude set to hit the market, it will take weeks, not months, for global oil storage space to run out. The...
  • The Most Destructive Oil Price Crash In History?

    03/16/2020 2:57:36 PM PDT · by bananaman22 · 31 replies
    Oilprice.com ^ | 03-16-2020 | Tom
    As markets brace for yet another week of total liquidation (even gold fell below $1500), oil drillers are preparing for the worst. Last time crude traded this low, back in 2016, U.S. oil firms entered survival mode, slashing costs, cutting jobs and optimizing drilling processes. But this time, there’s not a whole lot left to cut. The 2014-2016 oil price crash happened gradually, over the course of several months. 2020’s crash happened in just a few weeks and could end up being a lot more destructive. IHS Markit expects the ‘largest-ever oil glut’ to be between two and four times...
  • Why Russia Is Rooting For Bernie Sanders

    03/08/2020 4:12:03 PM PDT · by nickcarraway · 14 replies
    Oilprice ^ | Mar 08, 2020 | Robert Rapier
    Recently Senator Bernie Sanders acknowledged that he had been briefed by U.S. intelligence on Russia’s attempts to interfere in U.S. elections on his behalf. SNIP I am not a political pundit, so I won’t attempt to speculate on who Moscow would prefer as the U.S. president. But there is at least one area in which the Russians would love to see Sanders’s policies implemented. On energy policy, there are two things that Sanders has promised that would make the Russians (and OPEC) very happy. Fracking Boosted American Energy Independence The combination of hydraulic fracturing (fracking) and horizontal drilling has led...
  • Emissions Accomplished -- Trump Wins on Fracking

    02/15/2020 6:42:22 AM PST · by Kaslin · 34 replies
    American Thinker.com ^ | February 15, 2020 | Daniel John Sobieski
    After three years of apocalyptic wailing and gnashing of environmentalist teeth over President Trump’s decision to withdraw from the job and economy killing Paris Climate Accord, it is ironic that the one country that faces the brunt of criticism from climate change zealots such as Greta Thunberg is leading the world and the European Union in lowering emissions and promoting cleaner energy, such as natural gas, all the while not hurting the economy: Despite shrieks of terror from the left about how President Donald Trump’s presidency threatens the existence of Earth and thus mankind, the fact is that under his...
  • North Dakota’s Crude Oil Production Could Peak Within 5 Years

    02/12/2020 3:23:49 PM PST · by bananaman22 · 36 replies
    Oilprice.com ^ | 02-12-2020 | Para
    Crude oil production in North Dakota could peak over the next five years as producers will have drilled up the core production areas and will have to move to less prolific corners of the oil patch, North Dakota’s Mineral Resources Director Lynn Helms told state lawmakers.
  • 4 Promising Oil Trends To Watch In 2020

    01/22/2020 4:00:53 PM PST · by bananaman22 · 4 replies
    Oilprice.com ^ | 11-22-2020 | Jimmy B
    Nothing quite tickles the fancy of energy investors like a giant oil or gas find. But here’s the secret sauce: stocks of small-cap companies tend to enjoy serious leverage whenever they strike oil, whereas the heavyweights, well, not so much. You don’t have to look very far for an example: shares of ExxonMobil Corp. (NYSE:XOM) are down more than 20% since the company announced a 14-strong string of good discoveries off the coast of Guyana in 2015, one of its best finds ever. That’s because companies like Exxon have their fingers in too many pies, and their share prices depend...
  • Six Of The Hottest Oil Stocks For 2020

    01/08/2020 7:56:41 AM PST · by bananaman22 · 17 replies
    Oilprice.com ^ | 01-07-2020 | Charles
    This is what the bears don’t get about oil stocks: These are no longer the reckless, wasteful, binge years of the shale boom. The smart companies have adapted to a new reality. close [x] Pause Unmute Remaining Time -1:33 Fullscreen Now, it’s about dramatic new offshore discoveries that are being brought online in record speed. It’s about brilliant new well-completion designs that enhance productivity. It’s about integrated giants who win, either way. It’s about extremely ambitious small-caps that slip into new venues and scoop up massive basins when no one’s looking. It’s about ingenuity on multiple levels that translates into...
  • US Energy Secretary: The Shale Boom Is Far From Over

    12/18/2019 10:46:07 AM PST · by bananaman22 · 15 replies
    Oilprice.com ^ | 12-18-2019 | TP
    The slowdown in the Permian production growth is likely to be just temporary, and the U.S. shale boom is unlikely to end soon, the new U.S. Secretary of Energy, Dan Brouillette, told Bloomberg in an interview on Tuesday. U.S. oil production will continue to grow, despite the slowdown which is already evident across the shale patch, Brouillette said.
  • Major slowdown expected in U.S. shale oil production

    12/13/2019 7:22:42 PM PST · by brownwill6767 · 52 replies
    Albuquerque Journal ^ | 12/11/19 | Kevin Robinson-Avilla
    The shale-oil tsunami that has flooded New Mexico with a wave of petro dollars in recent years may be receding somewhat as U.S. production faces its first significant decline since the gushers began nearly eight years ago. Signs of trouble are showing up in major basins around the country, with a significant drop in drilling rig activity and sluggish growth this year compared with the spectacular bursts of production in recent years that has transformed the U.S. into the world’s No. 1 oil producer.
  • U.S. Shale To Break Records Despite Bearish Rhetoric

    11/19/2019 8:50:04 AM PST · by bananaman22 · 8 replies
    Oilprice.com ^ | 11-19-2019 | Irina
    Crude oil production in the U.S. shale patch is seen rising by 49,000 bpd next month to a record-high daily average of 9.133 million barrels. That’s according to the latest edition of the Energy Information Administration’s Drilling Productivity Report. A month earlier, the EIA estimated that total shale oil production will rise by 58,000 bpd in November from October, to 8.971 million bpd. The latest report, however, pegged the November average at more than that: 9.048 million barrels daily.
  • https://oilprice.com/Energy/Crude-Oil/US-Shale-Will-Soon-Produce-More-Oil-Than-All-Of-Russia.html

    11/13/2019 9:10:18 AM PST · by bananaman22 · 12 replies
    Oilprice.com ^ | 11-13-2019 | Irina
    Crude oil and natural gas production from the U.S. shale patch will top Russia’s combined oil and gas output by 2025, the International Energy Agency said in the 2019 edition of its World Energy Outlook. Under its Stated Policy Scenario, the IEA said, the U.S. will account for the overwhelming bulk of global oil production growth, at 85 percent, by 2030. It will also account for 30 percent of the global natural gas production growth in that period. With all this happening, it’s no wonder the United States will undermine OPEC’s and Russia’s share of the global oil and gas...
  • Pennsylvania’s gas politics churn as Trump embraces industry

    10/23/2019 8:26:47 AM PDT · by Olog-hai · 15 replies
    Associated Press ^ | October 23, 2019 | Marc Levy
    For a second time in three months, President Donald Trump is headed to Pennsylvania to promote his support for the natural gas industry, making clear that he sees his pro-industry policies as a boost to his chances of winning the battleground state. As some of his leading Democratic opponents are calling for a fracking ban, Trump has been eager to cut a contrast, touting his support for a sector he says brings economic benefits to rural pockets and jobs to construction union workers. But pipeline politics might not be so clear-cut. In the suburbs that might be key to his...
  • Police In Riot Gear Arrest 14 Demonstrators Protesting Trump’s Visit To Pittsburgh

    10/23/2019 9:38:30 AM PDT · by 2ndDivisionVet · 10 replies
    KDKA-TV ^ | October 23, 2019
    PITTSBURGH (KDKA) — Four protests are planned today for President Donald Trump’s visit to Pittsburgh to speak at the Marcellus Shale Coalition Insight Conference downtown. The first protest began at 9 a.m. at the Gateway Center T station in the heart of downtown Pittsburgh. The protesters marched from the T station over to Point State Park, where they blocked the roads near the Wyndham Hotel. The protesters carried a banner that read “Our solidarity will defeat White Nationalists,” and chanted, “Rise up,” and “You are not welcome here Donald Trump.”
  • Trumps Pittsburgh, PA Speech, 10/23/2019, President's speech open to public. Pittsburgh, PA

    10/22/2019 8:09:25 PM PDT · by JLAGRAYFOX · 21 replies
    Pittsburgh Post Gazette ^ | 10/21/2019 | Ashley Murray
    Downtown roads, 12 schools to close during POTUS, Trump's speech & visit to the David L Lawrence Convention Center in Pittsburgh, PA, on 10/23/2019 (Shale Insight Conference) at 3:)) PM local time. Contact: www.eventbrite.comet to obtain free tickets.
  • "The Absent Superpower" (book review) Part II

    09/06/2019 6:42:57 PM PDT · by LS · 10 replies
    self | 2016 | Peter Zeihan
    This is part II of a three part review of Peter Zeihan's "The Absent Superpower." It is so filled with revelations and predictions that it is worth a "deep dive." In part I, Zeihan discussed the shale revolution---now in its third phase---in which he argued that with the end of the World War II order and the essential end of the Bretton Woods system, by which America guaranteed the world's free trade with our military and trade deficits, we have moved into a brave new world. An energy independent America, awash with shale, changes everything. In part II, by far...
  • Review: "The Absent Superpower" by Peter Zeihan, PART I

    09/02/2019 10:30:23 AM PDT · by LS · 21 replies
    self | 9/2/2019 | LS
    Several months ago I reviewed here Peter Zeihan's book, "The Accidental Superpower." It was an informed and at times shocking look at current trends. Zeihan is a group of "futurists" whose economic forecasting firm advises corporate clients. The analysis is so thorough & complex, I will develop it in three threads as he has divided his book into three parts. This is the first section. In his newest book, Zeihan reiterates and updates much of what he said earlier, beginning the the profound impact---indeed revolutionary impact---of shale. He analyzes the various forms of petroleum products, arguing that shale is entering...
  • Energy Industry Looks To The Future At 2019 San Juan Basin Energy Conference

    04/23/2019 8:15:53 PM PDT · by brownwill6767 · 12 replies
    LOGOS RESOURCES LLC ^ | 3/15/2019 | LOGOS RESOURCES LLC
    A recent influx of dynamic, new oil and gas operators are bringing innovative applications of modern technology to restore the San Juan Basin to its place as a leading basin in the United States