The shale boom has given rise to another, less welcome boom: the bankruptcy boom.
Shale Boom
The Shale Bankruptcy Boom Moves Midstream
By Joseph V. Schaeffer | Spilman Thomas & Battle, PLLCSign up and get Breaking Energy news in your inbox.
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The Price Picture: The global oil market has seen a continued growth of production while demand has remained stagnant over past year, leading to a steady drop in prices over the past 15 months, aside from a short-lived upward tick in the second quarter of 2015. As prices have fallen from above $100/barrel in July… Keep reading →
U.S. Shale Producers’ ‘Knives Are Already Out’: Yergin
By Michelle Fox | CNBC
While oil prices are down after OPEC refused to curtail production, it won’t have a big impact on output from U.S. shale producers, at least for the near term, IHS’ Dan Yergin told CNBC on Monday. “There’s a lot of momentum in the system so I think you don’t really see the big impact of… Keep reading →
Predictable Energy Supply and Demand is a Treat We All Can Agree On
By Rick Kessler | LEVICK Energy
Those in the energy business might want to steer clear of the news these days – and not because environmental problems and liberal opposition are continuing to cause their normal heartaches for the industry. From the New York Times to the Financial Times and every outlet in between, the headlines are dire. “Falling Oil Price Raises Questions… Keep reading →
Energy News Roundup: How Oil Prices Impact Natural Gas, US Shale Boom’s Darker Side and Rail Gridlock
By Jared Anderson
While oil prices have stabilized for the moment and associated doomsday scenarios have slowed, here’s a detailed analysis of the interplay between various commodity prices and some of the investment decisions petrochemical companies, producers and LNG businesses face. “Indeed, even international buyers of natural gas were aggressively pursuing hub based gas pricing contracts with view… Keep reading →
LNG Exports, Keystone, Fracking are Key Parts of the Energy Revolution
By Energy Tomorrow Blog
Loveland Voters Strike Down Fracking Moratorium Coloradoan: Loveland voters on Tuesday struck down a proposed moratorium on hydraulic fracturing, a controversial oil and gas extraction process that has been restricted in several cities along Colorado’s Front Range. More than 20,000 ballots were cast, but ultimately the moratorium failed by about 900 votes, said city spokesman… Keep reading →
US Energy: Global Impacts, Local Benefits
By Energy Tomorrow Blog
BP Says Oil Price at its Most Stable Since Early 1970s FT.com – Despite jitters over Iraq, the price of oil is at its most stable since the early 1970s, as a huge increase in US oil production offsets massive disruptions to supply from places such as Libya, according to BP. Christof Rühl, group chief… Keep reading →
The outlook for U.S. energy from shale and other tight-rock formations just keeps improving. Two new assessments underscore this. First, a panel hosted this week by CSIS revisited the National Petroleum Council (NPC) report on U.S. unconventional natural gas issued in 2011 and concluded that new discoveries and technologies paint an even brighter picture than NPC did… Keep reading →
By: Daniel Yergin, vice chairman of IHS One of the biggest themes at Davos this year — and one that was not there last year — was “competitiveness.” You encountered it whether in the public sessions in the Congress Center, or in the private sessions, and at the various dinners in the hotels strung along… Keep reading →
By Javier E David Despite the slow rate of adoption of natural gas to fuel motor vehicles, a confluence of trends in favor of natgas is shaping up to loosen the stranglehold petroleum has on the transportation fuel market, according to Citigroup. In a lengthy research report this week, the bank cited rising global natgas… Keep reading →
