Drilling for oil in the Bakken shale formation in July 2013. Photo by Andrew Burton/Getty Images.

If $100 a barrel wasn’t enough to make a shale driller money, imagine what a price 40 percent lower is doing. Not good. According to a Bloomberg Business report, debt is becoming a dangerous burden for an increasing number of players in the U.S. shale boom. “The question is, how long do they have that… Keep reading →

Senate Republicans Mark Anniversary Of Plan For Keystone XL Pipeline

Vice President Joe Biden underscored the administration’s call for infrastructure spending during a Bloomberg Government event that focused on the country’s deteriorating delivery and transportation systems. Some highlights: The Washington politics of infrastructure spending is challenging. “The idea that there is a debate on the Hill on the need to invest in infrastructure is mind… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

A few years ago, the oil boom brought jobs, workers and money to Williston, N.D. But the influx of young men also brought a rise in crimes like prostitution, drug trafficking, theft, and even murder. The town’s two strip clubs — Whispers and Heartbreakers — stand closed after police were called 189 times in under… Keep reading →

NASA's Orion Spacecraft Launches Unmanned Test Flight

This analysis suggests the Soviet Union’s surprise Sputnik launch led to the creation of DARPA and ultimately the most technically advanced military in the world. Some of those technologies spilled over into civilian life and are now ubiquitous. Could the US military pioneer climate-change mitigating energy advancements? Perhaps not without a “Sputnik moment.” [Weekly Wonk]… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

Oil and gas development in the Williston Basin of North Dakota and Montana has not impacted shallow water resources, according to a new study. However, the age of the groundwater sampled and the sample locations indicate additional research should be conducted to fully evaluate energy production impact on regional water resources. The study was published… Keep reading →

Oil Prices Fall To Lowest Level In Four Months

Price volatility provides opportunities for traders to make handsome profits (or losses), so we took a look at midcap exploration and production equities based in the US that exhibited above-average volatility year to date. These stocks have been at least 1.5 times as volatile as the overall market: Whiting Petroleum, with a market cap of $9.23… Keep reading →

Oil Boom Shifts The Landscape Of Rural North Dakota

The complex natural gas flaring issue associated with producing crude oil and other higher-value liquids from the Bakken Shale formation is back in the news as companies seek to address royalty payments owed for certain volumes of that flared gas. There appears to be some legal uncertainty regarding whether companies owe money to royalty owners… Keep reading →

Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

Charts and Maps of America’s Amazing Shale Oil Revolution AEI Carpe Diem Blog: Below are four charts and two maps that help tell the story of America’s Amazing Shale Oil Revolution: 1. The Big Three. Yesterday, the Department of Energy’s Energy Information Administration (EIA) updated its monthly “Drilling Productivity Report” with new estimates of oil production through August… Keep reading →

OPAL Pipeline To Connect To Baltic Sea

The Keystone XL Pipeline has been studied, and studied, and studied, in fact if the permit application were a person, it would have just graduated kindergarten. However, after nearly six years of studies which show positive benefits to our economy and energy security with no significant environmental impacts  – politics are still trumping good policy.… Keep reading →

Transport Minister Visits PCK Oil Refinery

High vapor pressures can increase the flammability of crude oil and Bakken grades were determined to have higher pressures than several other common international grades refined in the US, which raises rail transport safety questions. “Given the recent derailments and subsequent reaction of the Bakken crude in those incidents, not enough is known about this… Keep reading →

Page 1 of 41234