Posts Tagged ‘oil production’

Curious, isn’t it, how some of the largest shale gas producers seem to be drilling more for oil these days? According to Baker Hughes Inc., a major oil services company, last week the number of natural gas rigs operating in the US fell for a fifth consecutive week to a ten-month low. Just as the [...]

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The optimism typically found in the International Energy Agency’s annual World Energy Outlook report is strangely missing this year. Instead, the IEA is taking a far more sober perspective on the world’s oil-consuming future due to our ever-greater reliance on costly unconventional oil sources. Output from currently producing fields is projected to fall precipitously, looking [...]

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Whether Hurricane Alex hits the Gulf oil spill or not, it’s only a matter of time before one will. Alex is, after all, only the first storm in a year the National Oceanic and Atmospheric Administration (NOAA) is predicting will be an abnormally active one for hurricanes. In case you’d forgotten, blow-outs of deep-water wells [...]

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What’s Plan B?

Posted by Jeff Rubin on June 16th, 2010 under SmallerWorldTags: , , , ,  • 12 Comments

America’s Plan A for the future of its oil supply was shaky to start with. Hurricanes, and the devastation they’ve brought to offshore oil platforms in the Gulf of Mexico, had already put the kibosh on earlier dreams of reversing the nearly 40-year decline in domestic oil production. Ironically, oil production in the Gulf had [...]

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It’s funny that it’s taken the worst ecological disaster in US history to suddenly make other forms of oil extraction and processing look green. Only months ago, the carbon trail from the massive planned expansion of tar sands production made Canada a pariah at the world environmental summit in Copenhagen. But now tar sands producers [...]

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