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Tag Archives: shale oil
Ten Reasons Why a Severe Drop in Oil Prices is a Problem
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be a problem? In particular, how can the steep drop in oil … Continue reading
Posted in Financial Implications
Tagged crude exports, debt default, employment, LNG exports, low oil price, oil exporters, shale oil
1,055 Comments
Is “shale oil” the answer to “peak oil”?
Readers have been asking questions about a couple of shale oil articles recently. One is an AP article called New drilling method opens vast oil fields in US. A similar article is a CNBC article titled Massive New US Oil Supply … Continue reading