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Oil Frackers Brace for End of the U.S. Shale Boom

February 6, 2022

Oil Frackers Brace for End of the U.S. Shale Boom Limited inventory leaves the industry with little choice but to hold back growth, even amid high oil prices The end of the boom is in sight for America’s fracking companies. Less than 3½ years after the shale revolution made the U.S. the world’s largest oil producer, companies […]

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Capital Flight Is Killing The US Shale Boom

October 8, 2019

Capital Flight Is Killing The US Shale Boom The growth in U.S. shale production is grinding to a halt as low prices put drillers in a financial vice. The slowdown has been unfolding for much of 2019, but the latest slide in oil prices is another blow to cash-strapped companies. Share prices for many E&Ps […]

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ANOTHER NAIL IN THE U.S. EMPIRE COFFIN: Collapse Of Shale Gas Production Has Begun

January 30, 2016

ANOTHER NAIL IN THE U.S. EMPIRE COFFIN: Collapse Of Shale Gas Production Has Begun The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun.  This is just another nail in a series of nails that have been driven into the U.S. Empire coffin. Unfortunately, most investors don’t […]

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Global Shale Revolution On Hold

March 21, 2015

Global Shale Revolution On Hold Along with the rest of the energy world, we have been closely tracking rig counts (now down 40 percent from last fall) and other data to try to determine where the oil markets are heading. This week, the Energy Information Administration reported that production is finally set to decline in […]

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Bakken Sweet Spots Are Petering Out

November 27, 2014

Bakken Sweet Spots Are Petering Out. The Bakken, as well as other shale oil areas, is not one homogeneous area where equal amounts of oil can be found. David Hughes in DRILLING DEEPER puts it this way, though here he is talking about gas wells, the same applies to oil wells: All shale gas plays invariably have […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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