Category Archives: Oil & Gas Fracked

Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas

Posted on April 15, 2016 by

[ U.S. house hearings have stated that the U.S. is energy independent, that shale oil and gas will give us a century of energy independence: House 112-176 in 2012, House 113-1 2013, and several others.  In fact we have so … Continue reading →

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Patzek 2016: Is “fracked” shale natural gas production peaking?

Posted on March 24, 2016 by

Patzek, Tad. March 11, 2016. Is U.S. Shale Oil & Gas Production Peaking? Part I: Gas Production. Patzek-lifeitself.blogspot.com Part I of this post shows my calculations of ultimate gas recovery from the Barnett, Fayetteville, Haynesville and Marcellus shales.  They might … Continue reading →

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Don’t export LNG to Europe, they have their own natural gas

Posted on March 18, 2016 by

[ The congressional record is full of senators, representatives, and witnesses trying to sell U.S. shale “fracked” gas as LNG to Europe so that they aren’t beholden to Russia, and of course to make more money. There are never any … Continue reading →

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Foreign Investment in Shale Gas is Drying Up

Posted on May 23, 2014 by

Jan. 2, 2014  For U.S. Drillers, the Days of Easy Money Are Over By Daniel Gilbert, Wall Street Journal. Oil and Gas Companies Slash Spending as Foreign Investment Dries Up Last year, 80 big energy companies in North America spent … Continue reading →

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California Shale Oil & Gas

Posted on May 2, 2014 by

US officials cut estimate of recoverable Monterey Shale oil by 96% Sahagun, L. May 21, 2014. Los Angeles Times. Federal energy authorities have slashed by 96% the estimated amount of recoverable oil buried in California’s vast Monterey Shale deposits, deflating … Continue reading →

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Bloomberg: Dream of U.S. Oil Independence Slams Against Shale Costs

Posted on February 28, 2014 by

Dream of U.S. Oil Independence Slams Against Shale Costs By Asjylyn Loder – Feb 26, 2014 The path toward U.S. energy independence, made possible by a boom in shale oil, will be much harder than it seems. Just a few of the roadblocks: Independent producers will spend … Continue reading →

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James Howard Kunstler “True Believers”

Posted on November 16, 2011 by

James Howard Kunstler. August 17, 2005. True Believers. There is a special species of idiot at large in the financial media space who believe absolutely in the desperate and tragic public relations bullshit that this society churns out to convince … Continue reading →

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