Tagged Shale Boom

One Shale Boom That Is Bulletproof To The Current Market Chaos

Rate this article Article Abstract: While oil prices in the U.S. plummeted below $39, Canadian explorer Madalena Energy has forged ahead with a strong Q2 showing and preparations for its first horizontal multi-stage frack in Argentina, where oil prices defy the market at an amazing U.S.$77.Madalena’s strong showing is not only spurred by high oil…

This JV Could Trigger A Shale Boom In An Unexpected Venue

Rate this article Article Abstract: Earlier this month I discussed the billions of dollars in investment capital lining up for natural resources. Much of that cash is earmarked for energy. With one of the most-watched vehicles being American Energy Partners (AEP) — a $14 billion start-up headed by Aubrey McClendon, former head of U.S. shale…

The Latest Contender For The Next Shale Boom

Rate this article Article Abstract: The largest natural gas producer in Africa is overhauling its laws in order to halt the decline of production, which has stagnated for more than a decade. Algeria is the continent’s largest natural gas producer and the second largest supplier of gas to Europe (Russia is the largest supplier). It…

An Unusual Potential Ally In The U.S. Shale Boom

Rate this article Article Abstract: The shale boom that made the U.S. the world’s largest producer of oil and gas is about to come to halt as the U.S. shale sector is witnessing a series of defaults due to rising driller debts and expiring hedges.The collapse in oil prices has further added to the miseries…

Oil Shipments by Rail Declining

Rate this article Article Abstract: Weekly oil shipments by rail can be found on the web at Weekly Carload Reports. And a summation of that data with charts can be found at Association of American Railroads Freight Rail Traffic Data.(Click to enlarge)Crude oil by rail basically started with the shale boom. Prior to that almost…