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Tag: Shale


Energy Wars of Attrition: The Irony of Oil Abundance

The oil attrition wars may not lead us into a future of North American triumphalism or even to a more modest Saudi version of the same but into a strange new world in which an unlimited capacity to produce oil meets an increasingly crippled capitalist system without the capacity to absorb it.

Posted on Mar 11, 2016 READ MORE


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The Real Story Behind the Oil Price Collapse

With demand stagnant and excess production the story of the moment, the very strategy that once generated record-breaking profits for the oil industry has suddenly become hopelessly dysfunctional.

Posted on Mar 13, 2015 READ MORE



Low Oil Prices Threaten U.S. Fracking Industry

Some North Dakota companies have shut down 40 percent of their operations as plummeting oil prices render the industry far less viable than during the boom of the past five years.

Posted on Feb 8, 2015 READ MORE



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Fossil Fuel Euphoria

For years, energy analysts had been anticipating an imminent decline in global oil supplies. Suddenly they’re singing a new song, and the expected boost in energy is predicted to provide the United States with a cornucopia of economic and political rewards, including industrial expansion at home and enhanced geopolitical clout abroad.

Posted on Oct 17, 2013 READ MORE



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A Tough-Oil World

The world still harbors large reserves of petroleum, but they are of the hard-to-reach, hard-to-refine, “tough oil” variety that will be more costly to extract, refine and buy at the pump.

Posted on Mar 14, 2012 READ MORE



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N.Y. Attorney General Takes Aim at ‘Fracking’

New York Attorney General Eric Schneiderman filed a lawsuit against three federal agencies, alleging that they have failed to properly study the impact of proposed regulations on “fracking,” a potentially dangerous process in which pressurized water and chemicals are used to dislodge oil and natural gas below the earth’s surface. (more)

Posted on Jun 1, 2011 READ MORE


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