Michael Giberson The Fort Worth Star-Telegram has a story on shale gas production critic Art Berman: Arthur Berman runs a one-man energy consulting firm out of his home near Houston, producing research that says forecasts for natural gas production in the U.S. are flawed. He’s won the industry’s attention and its anger. Since last month, …
Michael Giberson Tom Fowler has more on the ditching of shale gas skeptic Art Berman’s column by World Oil magazine. Now the magazine’s editor is out too. Read Fowler’s context, then follow the link to the former editor’s remarks, posted today on Berman’s blog. Excerpts: … The next day, the president stopped by to tell …
World Oil, but Apparently Not Local Shale Gas Skepticism Read More »
Michael Giberson Daniel Yergin and Robert Ineson have an op-ed in the Wall Street Journal discussing the development and implications of natural gas from shale in the U.S. market. Not much will be new to you if you’ve been following the commentary here for a while, but they do provide a very good, general overview. …
Natural Gas from Shale: Long Lasting or Going Fast? Read More »
Michael Giberson From the New York Times, “New Way to Tap Gas May Expand Global Supplies.” Italian and Norwegian oil engineers and geologists have arrived in Texas, Oklahoma and Pennsylvania to learn how to extract gas from layers of a black rock called shale. Companies are leasing huge tracts of land across Europe for exploration. …
Boom in Shale Natural Gas: Not Just for North America Read More »
Over the weekend the New York Times ran a good story about how rooftop solar and regulatory rules allowing net metering are putting pressure on the regulated distribution utility business model: The struggle over the California incentives is only the most recent and visible dust-up as many utilities cling to their established business, and its …
Last week I attended Mark Finley’s presentation in Chicago of BP’s Statistical Review of World Energy for this year. In his role as General Manager of Global Energy Markets at BP, Mark is responsible for this annual analytical survey of world energy production, consumption, and trends. He’s an outstanding economist whose presentations are a master …
Michael Giberson What do changes in the domestic U.S. natural gas market have to tell us about the world oil market? Hirsch, Bezdek, and Wendling wrote, “The North American natural gas situation provides some useful lessons relevant to the peaking of conventional world oil production.” Here is their assessment of the North American natural gas …
Lynne Kiesling Last week the EPA released a report on the extent of methane release during shale gas drilling; the results indicate that methane release is substantially smaller than previously thought. According to an article in Fuel Fix summarizing the report, The scope of the EPA’s revision was vast. In a mid-April report on greenhouse …
Michael Giberson The Eagle Ford shale in South Texas is the most profitable oil field in the world says Michael Yeager of BHP Billiton Petroleum. “Eagle Ford wells cost $7 million to $10 million, but Yeager said they pay back within half a year.” More at the link.
Michael Giberson At InsideClimate News Elizabeth Douglass has a long, sprawling article tying together projections of U.S. oil production growth sufficient to turn the U.S. into an oil exporting nation and the political opposition to the Keystone XL pipeline. But the link between resource optimism and infrastructure obstructionism is a bit of a non sequitur. …
So Much Oil That We Don’t Need Infrastructure to Develop It? Read More »
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