• OPEC Is Losing The Shale Battle

    • Date: 11/03/17
    • Jesse Snyder, Financial Post

    The prospect of rising US shale production threatens to undermine the efforts of OPEC, which now looks at risk of having ceded market share for no substantial price gain. The feeling of restrained optimism that imbued a major energy conference last week was short-lived. Oil and gas executives in Houston for CERAWeek, an annual conference […]

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  • Peter Thiel Sees More ‘Economic Progress’ From Fracking Than Silicon Valley

    • Date: 08/03/17
    • Michael Bastasch, The Daily Caller

    Peter Thiel, a tech billionaire and confidante to President Donald Trump, said something you don’t often hear from Silicon Valley moguls: hydraulic fracturing did more for progress than the tech boom. “What’s very striking is that on some level I think fracking represents a bigger economic form of progress for our society as a whole […]

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  • The Next Energy Revolution: Tanker’s U-Turn Shows How Shale Is Changing World Gas Trade

    • Date: 08/03/17
    • Naureen Malik, Bloomberg

    A cargo of chilled natural gas hauled from Louisiana in late December has become a symbol of how global trade is changing for a fuel increasingly seen as a cheap, cleaner-burning option for countries from Latin America to China and India. The tanker Maran Gas Achilles passed through the Panama Canal and was headed toward […]

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  • U.S. Shale Production Growing At An Unprecedented Pace

    • Date: 06/03/17
    • Nick Cunningham, OilPrice

    The oil markets have long expected that U.S. shale production would rebound once oil prices started to rise. But the comeback of shale could be much faster and stronger than many once anticipated. As Bloomberg Gadfly points out, the rise in U.S. oil production since output bottomed out at the end of last summer has been swift. […]

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  • China Bans Wind Power Projects In 6 Regions

    • Date: 06/03/17
    • China Daily

    The National Energy Administration (NEA) has issued red alerts, or the highest warning, in six provincial regions where new wind power projects will be prohibited this year, Securities Daily reported. The six restricted regions include Heilongjiang, Jilin and Gansu provinces, as well as Inner Mongolia, Ningxia Hui and Xinjiang Uygur autonomous regions. In these regions, […]

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  • The Second Coming Of U.S. Shale Is Challenging OPEC

    • Date: 03/03/17
    • Bloomberg

    After a two-year downturn spurred by oil’s plunge to $26 from $100, U.S. production is on the rise once again. “Today, almost every single shale basin is economic in the $35-$50 a barrel price range.” David McNew, Getty Images: Pump jacks are seen next to a canal in an oil field over the Monterey Shale formation where […]

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  • Exxon Mobil Turns to U.S. Shale Basins for Growth

    • Date: 02/03/17
    • Bradley Olson, The Wall Street Journal

    Company plans to spend about a fourth of its 2017 budget drilling in Texas, New Mexico and North Dakota, tapping a vast inventory of wells Exxon Mobil Corp. on Wednesday outlined an ambitious plan to turn to prolific U.S. shale basins for growth, showcasing how the oil giant now sees American production as a key […]

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  • Production Of Solar Panels Increases Greenhouse Gas Emissions

    • Date: 01/03/17
    • Greg Walters, Seeker

    US emissions of a greenhouse gas thousands of times more potent than carbon dioxide have expanded tenfold over the past two-and-a-half decades, according to fresh government data. And one reason — wait for it — is America’s increasing reliance on solar power. The gas, nitrogen trifluoride, or NF3, is a key chemical agent used to […]

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