Tag: shale oil

Chapter 11 Bankruptcy Statistics On U.S. Shale Patch Are Not The Best Barometer To Gauge Industry’s Future

A pumpjack operates near a drill rig standing over an oil well in the Permian Basin, Midland, Texas, ......

Concho Resources Cut Capital Spending Another 44% In Second Quarter

Concho Resources cut spending heavily in the second quarter of 2020. Getty Images Concho Resources...

World Oil Reserves Suddenly Downgraded By 292 Barrels! Yawn.

Disappearing oil. Getty This week, Rystad Energy announced the eye-popping finding that the world’s estimate...

Despite Historic Production Cuts, Oil Is Dying

A Chesapeake Energy Corp. floorman works on a Chesapeake natural gas rig in Texas. This company is ... ...

Energy Secretary Brouillette Thinks U.S. Can Keep Its Oil Independence Post-Pandemic

United States Secretary of Energy Dan Brouillette during a February trip at an LNG facility in ... Portugal....

The Oil Price Recovery: It’s The Inventory Overhang

People stand in front of the headquarters of the Organization of the Petroleum Exporting Countries, ... OPEC, in...

We Should Be Celebrating OPEC’s Price War, Not Trying To End It

Crude oil prices have been battered by both an unprecedented decrease in global oil demand stemming from the COVID-19 pandemic and the outbreak of...

Oil For $1.75 A Barrel?

Follow a collapse in oil demand, prices are plummeting toward zero. Source

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