In the grand poker game of geopolitics, energy is often the wild card. That’s why the Middle East is such a mess: Great Powers (first Britain, more recently the United States) have been installing, propping up, toppling, threatening, or...
Post Carbon Fellow, and author of PCI’s Drilling Deeper reort, David Hughes was quoted in this article at CNBC on the looming threat to American oil output. From the article: …However, they’ve already drilled many of the most economic...
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...
By Chuck Collins, Polly Hoppin, originally published by Yes! Magazine In 1996, Guatemalan immigrant Myra Vargas and her Venezuelan husband Ernesto bought J&P Cleaners, a neighborhood dry cleaner in Boston. But something always smelled funny. “The chemicals we used—we...
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.
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. Energy Information Administration (EIA) reference case forecasts through 2040. It utilizes all available...
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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...