Donald Trump and the USA’s Growth and Indebtedness
During the election campaign Donald Trump took up two questions that we discuss in Chapter 2 of [the Swedish book titled] “A world addicted to oil”, and this will also Continue Reading
Bakken Production Down 10 K bpd
Bakken oil production was down 10,119 barrels per day in September and all North Dakota production was down 10,353 bpd in September. Bakken production continues to decline though I expect Continue Reading
North Dakota Crude Output Drops To Lowest Since Feb. 2014
Oil production in North Dakota dropped more than 10,000 barrels-per-day (bpd) in September, the state Industrial Commission reported on Wednesday, citing continued weakness in oil prices. The state pumped nearly Continue Reading
Trump: on the way to “Scenario 3
Margarita Mediavilla and her coworkers have performed extensive simulations of the future using system dynamics models, (see here) . One of their scenarios, called “Scenario 3,” is based on the Continue Reading
Oil demand won’t peak before 2040, despite Paris deal: IEA
The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement Continue Reading
IEA Sees Peak Oil Demand After 2040
Global oil demand won’t stop growing before 2040 despite pledges made at the Paris climate change summit last year to cap greenhouse-gas emissions, the head of the International Energy Agency Continue Reading
A $900 Billion Oil Treasure Lies Beneath West Texas Desert
In a troubled oil world, the Permian Basin is the gift that keeps on giving. One portion of the giant field, known as the Wolfcamp formation, was found to hold Continue Reading
U.S. drillers focus sights on Permian shale
U.S. energy strategies are coalescing around the Permian shale basin in Texas and New Mexico where drilling is on the rise, a federal brief said. A daily briefing from the Continue Reading
U.S. oil drilling increasingly focused in Permian Basin
Source: U.S. Energy Information Administration, based on Baker Hughes U.S. drilling activity is increasingly concentrated in the Permian Basin , which spans parts of western Texas and southeastern New Mexico. Continue Reading
A $900 Billion Oil Treasure Lies Beneath West Texas Desert
In a troubled oil world, the Permian Basin is the gift that keeps on giving. One portion of the giant field, known as the Wolfcamp formation, was found to hold Continue Reading