Drilling Efficiency Continues to Climb in U.S. Shale

Oil and gas operators are continuing to improve their drilling techniques, leading to increases in total output on a per-rig basis. New data from the U.S. Energy Information Administration’s Drilling Productivity Report projects that both oil and gas production will increase in April 2014 from a month earlier in several major shale plays around the country.

Read more: http://tinyurl.com/noeo5dl

Shale Boom Prompts Calls for Expanded US Oil and Gas Exports

Early in January, the head of the influential energy lobby American Petroleum Institute (API) made a strong call for the US to become a global energy producer by capitalizing on the recent shale oil boom. In his speech, API President Jack Gerard argued for a reevaluation of the current limitation on the exports of US crude and for a full expansion of LNG exports.

Read more: http://tinyurl.com/keu2y45

Why California will Never Fulfill its Shale Potential

There was an important study released by the Post Carbon Institute last week that gives us an insight into how long our great shale oil bonanza —or more likely, bubble— is going to last. As you might suspect, the thrust of the new report is bad news so we are unlikely to ever read much about it in the mainstream media, which continues to tell us about the bright energy-rich future ahead.

Read more: http://tinyurl.com/qag3ss5

What Could be Bigger than Shale — How about LENR?

If you scan the energy news headlines these days one of the themes that comes up repeatedly is the shale revolution. Technological advancements and capital investment are making possible the recovery of oil and gas resources in quantities that were considered unthinkable just a few years ago. Energy experts and commentators consider shale energy world-changing and transformational in terms of the economic and geopolitical impact it will have.

Read more: http://tinyurl.com/pmwzo74

The Shale Boom, Just Getting Started: Interview with Tyler Cowen

Thanks to the shale boom, markets already perceive the trade balance optimizing, energy prices are cheaper than they would otherwise be and we’ve even cut carbon emissions. And we are only getting started, according Tyler Cowen, New York Times best-selling author and one of the most influential economists of the decade.

Read more: http://tinyurl.com/nmt5poo