Harvey’s Widespread Destruction Tests U.S. Shale
Tropical Storm Harvey , the most powerful storm to hit Texas in half a century, has shut a significant portion of the state’s shale production, cutting off as much as Continue Reading
Prolonged Shutdowns From Harvey Could Strand Shale Output
The mutual dependency of pipeline companies and refiners is being magnified as Tropical Storm Harvey takes its toll on the Gulf Coast, putting at risk the U.S. shale boom. With Continue Reading
Gadfly: Hurricanes Katrina, Rita and Harvey Tell Shale’s Story
Hurricane Harvey has struck at a time when energy markets appear indifferent to all sorts of traditional stimuli. (This column does not necessarily reflect the opinion of Bloomberg LP and Continue Reading
Why The Shale Oil “Miracle” Is Becoming A “Debacle”
Energy is everything. This is an amazingly important concept. Yet it’s almost universally overlooked. Sometimes it’s hard to appreciate the magical role energy plays in our daily lives because most Continue Reading
It’s Been a Bad Month for Some of America’s Most-Loved Oil Plays
Assets tied to shale producers, particularly those in America’s most-coveted oil field, have fallen this August thanks to concerns about oversupply. The good news for U.S. producers: the chief executive Continue Reading
Can Mexico Replicate The U.S. Shale Boom?
Natural gas has been hailed as the bridge between fossil fuels and renewables. Global gas demand has been growing at an average annual 2.3 percent over the last ten years, Continue Reading
Shale Drillers Head North As The Permian Fills Up
The Anadarko shale region, located mostly in Oklahoma, has seen a sharp increase in investment and drilling activity in recent years. The expanding presence of shale players in the Anadarko Continue Reading
The Latest Red Flag For U.S. Shale
The U.S. shale industry has had a rough few weeks, with a growing number of reports suggesting that the industry is facing much more financial trouble than many analysts had Continue Reading
BHP Billiton Eyes Sale of U.S. Shale Operations After Months of Investor Pressure
Activist investors scored a victory after BHP Billiton Ltd. BHP 1.26% said it was looking to sell its onshore U.S. oil-and-gas operations . The Melbourne-based company, the world’s largest listed Continue Reading
Oil Prices Climb As Oil Rig Count Drops
The number of active oil and gas rigs in the United States fell this week by 3 rigs as drillers in the United States proceed more cautiously as oil prices Continue Reading