The U.S. shale boom has upped production of light sweet crude oil. U.S. refineries, on the other hand, are built to process ...
Because of shale gas, the U.S. saves about $250 million per day compared to Asia and Europe during the Iran war.
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Where Will the Next Major Shale Boom Take Place?
The U.S. shale oil and gas boom that began early this century had enormous geopolitical implications. Without it, the U.S. would have become increasingly dependent upon imports to meet energy needs, ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Oil and gas fields, no matter how productive, eventually decline.
Independent operators are caught in the middle between Trump’s Iran war aims and his promise of low petrol prices ...
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EIA refines estimates for Permian tight oil, shale gas production
The EIA has added the Avalon, Barnett, Dean and Woodford to its estimates by formation of Permian tight oil and shale natural ...
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$100 Oil Could Deliver $63 Billion Cash Surge to U.S. Shale
U.S. shale producers could earn an extra $63.4?billion in 2026 if WTI Crude averages $100/barrel, benefiting those without ...
Despite higher prices, U.S. shale producers are not rushing to increase drilling, prioritizing capital discipline and assuming the disruption may be temporary.
America’s frackers are looking at opportunities abroad to tap new growth markets. Developing shale basins include the Vaca Muerta in Argentina and the Diyarbakir basin in Turkiye. In the Middle East, ...
Events in the Middle East demonstrate that the position of the United States as the world’s leading producer of oil and natural gas, including liquefied natural gas, provides the nation with a large ...
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