Dropping energy prices—for both oil and natural gas—has investors and analysts checking to see what the break-even price is for oil production in each play in North America.
This is a moving target, and it’s going lower all the time.
And I’m going to tell you The Next Phase of increasing...
Consider this:
-In 2013, the UK had the coldest spring since 1963.
-In March 2013, Northern Japan received record snowfall--up to 16 ft thick just south of Aomori.
-In October 2013, the worst frost in more than 80 years hit Chile and damaged 50 million boxes of fruit for export—damages were over...
Part I of this series is here.
If history is any guide, the world will continue its current 15 year cooling trend for another 20 years potentially. In fact, there is a good chance the earth is about to go into one of its coolest periods in the last 250...
Three months ago, it snowed in Cairo, Egypt for the first time in 112 years.
2013 was the largest one-year temperature drop ever recorded in the United States.
The extent of the Antarctic sea ice is at record highs.
It’s the Real Inconvenient Truth—right now the world is getting colder. And it’s...
Editor's Note: Today's OGIB is the transcript of my recent interview with Peter Byrne of The Energy Report (TER) on a growing debate in North America's Great Experiment: the Shale Revolution, and I also talk about which junior producers I'm keeping close tabs on right now in the oil patch.
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The Energy...
On the surface, Turkey has everything going for it in oil and gas. Onshore, it’s under-explored with one of the top international shale plays—the Dadas Shale—about to get tested for the first time with new technology.
Offshore there is talk of a Black Sea bonanza. The country has good governance,...
Can the Bakken produce one million barrels a day of oil?
If so, it would join an elite group of oil fields able to produce at that rate. Only six other fields, including Saudi Arabia's famed Ghawar field, have ever topped 1 million barrels per day--they are Burgan (Kuwait), Cantarell...
Dear OGIB Reader,
The cheapest and most profitable oil North America has ever seen is now “flooding” into the market, as producers once again use old technology to create a wave of new profits.
Producers are using “waterfloods”—pushing water into underground formations to flush a large amount of oil out to...