The Shale Reckoning Comes to Oklahoma
In January 2012, I traveled to Oklahoma City for the first time to report on what was considered a surprising development: a U.S. oil boom. Until then, hydraulic fracturing—aka fracking—was Continue Reading
Forget fracking. Choking and lifting are latest efforts to stem U.S. shale bust
Something is awry in the beleaguered U.S. shale patch: older wells, which normally gush oil or natural gas in their first few months before rapidly depleting, are not petering out Continue Reading
U.S. Oil Output Headed to Four-Year Low as Shale Boom Wanes
Oil Could Reach $50 By End of 2016 Production to drop to 8.19 million barrels a day in 2017: EIA U.S. crude production will fall to its lowest since 2013 Continue Reading
Clinton Against American Energy
Democratic Presidential candidate Hillary Clinton in Flint, Michigan on March 6. Hillary Clinton keeps following Bernie Sanders further to the left, and on Sunday she all but declared herself opposed Continue Reading
Clinton Doubles Down Against Fracking in Debate, Raising Alarms
Democratic presidential candidate Hillary Clinton speaks during the CNN Democratic Presidential Primary Debate on March 6, in Flint, Michigan. Industry concerns grow about Democratic front-runner’s views Hillary Clinton’s promise during Continue Reading
Second-biggest U.S. shale output drop seen for April: EIA
U.S. shale oil production in April is expected to chalk up the second-largest monthly decline on record, and the sixth straight monthly decrease, a U.S. government forecast released on Monday Continue Reading
Oil and Gas Drillers in the U.S. Ready to Party Like It’s 1859
A gusher on Spindletop Hill in Beaumont, Texas, on Jan. 10, 1901. U.S. rig count set to fall below historical low of 488 soon The energy business in the U.S. Continue Reading
U.S. Shale Producers Cut Back Production Amid Global Oil Glut
Some of America’s biggest shale producers are beginning to ratchet back oil and gas production for the first time in years, bending to the reality that a global glut will Continue Reading
Top Drillers Shut Down U.S. Fracking Operations as Oil Prices Continue to Tank
It was a tumultuous week in the world of hydraulic fracturing (“fracking”) for shale oil and gas, with a few of the biggest companies in the U.S. announcing temporary shutdowns Continue Reading
North Dakota rig count holds steady
With crude oil trying to stage a recovery, the rig count in North Dakota held steady despite a net decrease in the United States, state data for Monday show. State Continue Reading