CLIMATE CRISIS
Alice In Shale Gas Wonderland Julian Darley It is hard to know where to begin regarding Ambrose Evans-Pritchard’s article entitled “Energy crisis is postponed as new gas rescues the world.” But since the speculative world he invokes has more to do with Alice In Wonderland than the hard reality of engineering and science, let us…
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The First Shale Casualty: WBH Energy Files For Bankruptcy; Many More Coming Zero Hedge While the mainstream media continues to chant the happy-clappy side of lower oil prices, now, we have the first casualty of the shale oil leverage debacle as WSJ reports, on Sunday, a private company that drills in Texas, WBH Energy LP,…
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A reality check on U.S. Government forecasts for a lasting tight oil & shale gas boom David Hughes, Post Carbon Institute 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. Department of Energy’s Energy Information Administration (EIA) reference…
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U.S. Streaks Past Saudi Arabia as World’s Largest Oil Producer Breitbart News The United States surpassed all other countries this year with daily crude oil and other petroleum liquids reaching 11 million barrels per day (mbd). Since the beginning of 2011, U.S. liquid fuels grew by more than 4 mbd, including 3 mbd of crude…
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