On December 3, 2014, Nature published “Natural Gas: The Fracking Fallacy”, which suggested that the forecasts of the Energy Information Administration (EIA) for four major U.S. shale gas plays were wildly optimistic, based on a comparison to forecasts for...
Oil prices have fallen by half since late June. This is a significant development for the oil industry and for the global economy, though no one knows exactly how either the industry or the economy will respond in the...
Hooray, oil is suddenly much cheaper than it used to be. That’s great news, right? Not so fast. For certain it’s not good news for those counting on a continued rise in US oil production from the "shale miracle"....
In the past decade, we’ve fracked 80,000+ wells in the United States. WE AIN’T SEEN NOTHING YET. Learn a LOT more at shalebubble.org DISCLAIMER: Well locations and numbers are approximations based on best available data.
Note: Segment begins at 20:57. Erin sits down with Richard Heinberg – senior fellow at the Post Carbon Institute – to discuss oil. Richard tells us how he interprets the potential deal between China and Russia for Western Siberian...
A new, landmark report shows that hopes of a long-term golden era in American oil & gas production are unfounded. America’s energy landscape has undergone a dramatic shift over the last decade—literally and figuratively—as a result of the...
As more data emerge, shale gas increasingly appears to be in the cross-hairs of the water-energy nexus, and far too little is being done to defuse impending conflicts. While hydraulic fracturing (or “fracking”), the process used to unleash natural gas from...
Over the weekend The New York Times published what could very well be the dumbest column Thomas Friedman has ever written. I know, I know… How could that be possible after the incredibly wrong things he wrote about the U.S....
Perhaps you’ve seen one of the recent barrage of articles claiming that fears of an imminent peak and decline in world oil production have either been dispelled (because we actually have plenty of oil) or are misplaced (because climate...
For those following the world oil production situation, it has been clear for some time that the only factor keeping global crude output from moving lower is the continuing increase in U.S. shale oil production, mostly from Texas and...