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The #shale gas boom in a long-term perspective http://j.mp/FrackLab1 (Creative Commons graph—re-use it!) pic.twitter.com/AizsM9vuJR
After my critique of EIA data on the original #shale gas field, they revised their data today
https://www.beaconreader.com/mason-inman/the-original-shale-gas-field-is-tanking … pic.twitter.com/6WDjLfGfsc
The Anthropocene is bad enough. Spare us a Manthropocene. @SarahLizCornell @mleach_ids @fp2p
@NaomiAKlein pic.twitter.com/lQFFSc1LW8
Trouble for the #Bakken? North Dakota oil prices reach four-year low
https://www.beaconreader.com/mason-inman/trouble-for-the-bakken-oil-prices-reach-four-year-low … pic.twitter.com/zdxvaCKsoz
Lets all pause for a minute, and reflect on the 2% pic.twitter.com/HjIFPpDgWQ
@Ed_Crooks @drgrist I insist that we take no action until we are able to assess the costs accurately and it's far too late to take action.
“Before people get drunk on their own wine, they ought to realise that it’s not forever.” —$CLR CEO Hamm on #shale http://www.ft.com/cms/s/0/e271b492-547a-11e4-bac2-00144feab7de.html …
Q. "Is this the bottom?" A. "If the market doesn't drop further, yes"
low oil price is a secret plan to hurt: the US shale..or Canadian heavy..or Russia..or Venezuela..or Iran..or ISIS..or Saudi Arabia
So much for free markets. “To Protect Frackers, U.S. Should Restrict Oil Imports,” economist argues http://www.forbes.com/sites/christopherhelman/2014/10/01/economist-to-protect-frackers-u-s-should-restrict-oil-imports/ …
Would like to point out that @nelderini, who's been talking about smoke-&-mirrors of marginal O&G production for years, was & is still right
FT on #shale: “If the funds for drilling dry up, then production will fall quickly and the US oil boom will go bust” http://www.ft.com/intl/cms/s/0/9cc592a4-537d-11e4-8285-00144feab7de.html …
Identity crisis in Alaska: “We just have this economy based on one industry, oil, and it’s declining.” http://www.nytimes.com/2014/10/09/us/as-energy-boom-ends-a-political-identity-crisis.html …
“Bakken Drillers Poised to Curb Exploratory Spending” reports Bloomberg. Oil prices too low to support capex growth http://www.bloomberg.com/news/2014-10-13/bakken-drillers-poised-to-curb-exploratory-spending.html …
One way to help destroy the Islamic State is to send them a few economics/B-School professors for financial advice.
CNBC's “Here's why #shale oil stocks are tanking”: partly panic selling, partly b/c companies in “debt spiral” http://www.cnbc.com/id/102078976
Drillers’ “case for U.S. energy self-sufficiency... based more on hope than fact,” says Bloomberg analysis http://www.bloomberg.com/news/2014-10-09/ceos-tout-reserves-of-oil-gas-revealed-to-be-less-to-sec.html … #shale
Why peak oil is alive & well: Instead of rejoicing & bullish economic forecasting, falling prices inspire panic and consolidation.
Like Sea Level, Times Environmental Coverage on the Rise. My new post: http://nyti.ms/1s9CwaY
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