Tag: Permian Shale

US oil production will reach 14.2 million b/d by 2021 – IEA

US oil production will reach 14.2 million b/d by 2021 – IEA

US shale output expected to dip for next two years, then rise sharply as market rebalances American oil production is forecast to rise to an all-time high of 14.2 million b/d by 2021, according to an International Energy Agency report released Monday. US production will dip in the short-term, by 600,000 bpd this year and a further […]

By February 23, 2016 0 Comments Read More →
Fractivists go home! Seriously, you’re not welcome in Texas…

Fractivists go home! Seriously, you’re not welcome in Texas…

With the stroke of a pen, Texas Gov. Greg Abbott signed into law on Tuesday a prohibition on local anti-fracking movements, which were to some extent supported by professional eco-activists, or “fractivists.” “This law ensures that Texas avoids a patchwork quilt of regulations that differ from region to region, differ from county to county or city […]