One year ago, I wrote this story, asking—could the Bakken ever hit 1 million barrels of oil per day (bopd) production?
Well, now the Market is asking—when (not if) will it hit 2 million?
A massive, 76-page report from Goldman Sachs from late September suggests 2023—that’s another TEN YEARS of growth—with the biggest growth year...
I want to tell you about a new development in fracking that’s getting some press down in the US. This is actually pretty simple, but if I’m correct in interpreting this, it would be quite important in the global oil patch.
From what I can tell, EOG Resources is increasing...
North Dakota did it again. July oil production numbers for the state was another record high—and it was a BIG one.
Monthly stats from the EIA (US Energy Information Administration) showed North Dakota production jumping by a whopping 55,000 barrels per day in July to reach nearly 875,000 barrels per...
There are a couple trends here everyone should be aware of—and it’s all good news for energy investors.THEME #1—DROP IN OIL PRICES MAY COME BUT NOT IN CASH FLOWFirst—the stocks of the major independent producers in the US like EOG (EOG-NYSE) and Pioneer (PXD-NYSE) have had great runs this...
In an exclusive interview, OGIB asks noted author Bill Powers: have investors and the general public been grossly misled about America’s energy future?
Something about America’s shale gas renaissance—and its gilded promise of previously-unthinkable U.S. energy independence—never made sense to Bill Powers.
As the author of the shale-challenging new book “Cold,...
You know what makes the Bakken oil play so special? It is oily AND over-pressured. All that means is that at a certain depth, there is more pressure than normally should be there—because there’s fluid there.
If that fluid is oil—it’s trapped—then it’s bursting to get out. It sure makes...
I’m all about making money for subscribers.
I don’t spend a lot of time mulling over macro stuff. I want to know the macro basics and then research and discover which companies will profit.
There are a lot of guys MUCH smarter than me when it comes to figuring out where...
If you were on the hunt for the next big horizontal oil play in the U.S., where would you be inclined to look?
Texas? That makes sense; Texas is the top oil producing state in the country.
California? That also makes sense, California has been a top oil producing state for...
