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Category: Oil Supply

Category:
  • Shale Oil
  • USA

Judge Strikes Down Obama Rule on Fracking on Public Lands

A federal judge in Wyoming made permanent a temporary block of an Interior Department rule setting stricter standards for hydraulic fracturing on public lands, a blow to President Barack Obama’s Continue Reading

Posted On : 23 Jun 2016 Published By : Tom Whipple
Category:
  • Peak Oil

Neither “Peak Oil” Nor “Peak Oil Demand”

“Peak oil demand” has become a fashionable concept among climate campaigners but the evidence suggests oil consumption is growing at the fastest rate for a decade and shows no sign Continue Reading

Posted On : 23 Jun 2016 Published By : Tom Whipple
Category:
  • Oil Supply

$1 Trillion In Spending Cuts Could Lead To An Oil Price Spike

Are today’s spending cuts setting the global oil market up for a supply crunch in a few years? An oil supply deficit may be hard to fathom given two years Continue Reading

Posted On : 22 Jun 2016 Published By : Tom Whipple
Category:
  • Shale Oil

No change in North Dakota rig count

The number of rigs actively working on the shale basins of North Dakota was unchanged from last week despite a major late-week rally in oil prices, data show. Data show Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Marathon buys Oklahoma shale player

U.S. oil major Marathon said Monday it spent $888 million to acquire a rival that has a strong portfolio in the shale oil basins of Oklahoma. Marathon Oil Corp. signed Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple
Category:
  • Shale Oil

A Quick Trip to the Oil Patch Shows Energy-Related Losses Rising

“Like an oil lease, you’re easily disposable,” the villainous J.R. Ewing quipped to his beauty queen wife in the 1970s television series Dallas . Readers of the latest edition of Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple
Category:
  • Oil Supply

Private equity warms up to oil deals with $1 trillion warchest: EY

The world’s private equity funds, with a cash pile of around $1 trillion, are stepping up their interest in the oil and gas industry, with almost a half expecting to Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple
Category:
  • Shale Oil

Marathon Oil deal latest big Oklahoma bet by U.S. drillers

Oil and gas producer Marathon Oil Corp’s plans to buy a small Oklahoma producer is the latest signal U.S. shale companies are pouncing on properties in the state’s high margin Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple
Category:
  • Peak Oil

The Reported Death of Peak Oil Has Been Greatly Exaggerated

World Energy 2016-2050: Annual Report “Political Economist” June 2016 The purpose of this annual report is to provide an analytical framework evaluating the development of world energy supply and its Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple
Category:
  • Peak Oil

Hindsight 10 Years After Peak Oil

1. Introduction Peak Oil is the moment in time when, on a global scale, the maximum rate of oil production is reached. The moment after which oil production, by nature, Continue Reading

Posted On : 21 Jun 2016 Published By : Tom Whipple

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