Shale out!

Russia and Saudi Arabia are trying to exploit the COVID 19 crisis and force U.S. shale oil producers into bankruptcy by flooding the market with oil, dropping the price as low as $20 a barrel. Should the Trump Administration bailout producers who are overextended? Here’s our perspective on the question of a “SHALE-out”. WATCH NOW

By |2020-03-25T20:34:36-04:00March 28th, 2020|Energy|0 Comments

Alternative energy can’t replace hydrocarbons

For the cost of drilling a single shale well which may average 10 barrels of oil per hour or its equivalent in natural gas over decades, one can build two 500-foot-high, 2-megawatt (MW) wind turbines which will produce a combined output averaging the energy equivalent of 0.7 barrels of oil per hour.

By |2020-02-13T21:43:47-05:00February 17th, 2020|Energy|Comments Off on Alternative energy can’t replace hydrocarbons