U.S. Oil Consumption Surging with Industry Firing at Full Blast – America’s oil demand has soared to new heights in a remarkable turnaround from just a year ago when the pandemic sent the U.S. economy into a tailspin and decimated demand. Information source: Bloomberg.com
Geology Around the World
Geology Around the World – 10 geological wonders of the world. Time has left behind some of the most fascinating phenomena on earth.
UBS: Oil Demand to Return to Pre-Covid Levels by Q1 2022
UBS: Oil Demand to Return to Pre-Covid Levels by Q1 2022 Jul 09, 2021, 9:00 AM CDT “Meanwhile, global inventories are falling while non-OPEC supply is not rising as fast as it would have under other circumstances.” Information source: oilprice.com
It’s Too Late to Avoid a Major Oil Supply Crisis
It’s Too Late to Avoid a Major Oil Supply Crisis Jun 17, 2021, 7:00 PM CDT “There are a number of observable trends in oil supplies and by extension prices, presently. I am going to discuss one of them in this article. A lack of capital investment in finding new supplies of oil and gas. […]
Oil Jumps Past $75 for First Time Since 2018 – Natural Gas ETF (UNL) Hits New 52-Week High
Thank You, North Face
Environmental hypocrisy: Over 90% of North Face products are made from fossil fuel, CEO of Liberty Energy says Source: Tech Startups June 5, 2021
The U.S. Could See Record Natural Gas Production In 2022
The U.S. Could See Record Natural Gas Production In 2022 Rystad Energy’s analysis reveals that the Appalachian Basin was US’ best-in-class in 2020 when it comes to CO2 emissions intensity, and the region is set to report a record-high capital efficiency in 2021, as reinvestment to maintain output will drop to its lowest ever. Meanwhile, […]
The U.S. Could See Record Natural Gas Production In 2022
Haynesville Shale The Haynesville is set to become the largest source of gas output growth in the US, forecast to add about 10 Bcfd from 2020 to 2035, growing by 86% during that timeframe. The region is forecast to account for about 21% of the country’s gas production in 2035, compared to 13% in 2020. […]
Secondary-Tertiary Recovery Methods
Recovery Methods Water Flooding PRIMARY RECOVERY: First stage of hydrocarbon production, in which natural reservoir energy, such as gasdrive, waterdrive, or gravity drainage, displaces hydrocarbons from the reservoir, into the wellbore and up to the surface. The primary recovery stage reaches its limit either when the reservoir pressure is so low that the production […]
Everyday use of Oil and Natural Gas
Thousands of products in our everyday lives are made from or use Oil and Natural Gas. Americans consume oil and gas more than any other energy source by a large margin. According to the EIA, petroleum and natural gas account for 67 percent of U.S. energy consumption and 63 percent of total energy production. Renewables […]
