Capex

Energy Quote of the Day: ‘Usually Companies Become More Creative with Lower Prices’

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Fracking In California Under Spotlight As Some Local Municipalities Issue Bans

 Oil prices have plummeted over 30% since June, but the sky is not falling on US producers just yet. There has been a lot of conjecture about how lower oil prices are making unconventional wells uneconomic to drill and complete. What does this mean for US oil production volumes going forward? While companies will adjust… Keep reading →

 /  Published December 3, 2014 at 3:00 PM

Peak Oil is Real and the Majors Face Challenging Times

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Surging Oil Industry Brings Opportunity To Rural California

The idea that global oil production was nearing its peak, only to plateau and then decline was a common view in the energy world for many years. The geophysicist M. King Hubbert predicted in the 1950’s that US oil production would peak in the 1970’s, a forecast that held true until technology allowed companies to… Keep reading →

 /  Published February 18, 2014 at 9:32 AM