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Tag Archives: Fracking

  • Podcast

    The Shocking Data Proving Shale Oil Is Massively Over-hyped

    It's time for America to focus on the facts
    by Adam Taggart

    Sunday, December 14, 2014, 12:03 AM

    28

    Hooray, oil is suddenly much cheaper than it used to be. That's great news, right?

    Not so fast. For certain it's not good news for those counting on a continued rise in US oil production from the "shale miracle". Many drillers were challenged to operate profitably when oil was above $70 per barrel. Very few will remain solvent with oil in the $50s (as it is as of this writing).

    So, expect US oil production to suffer from these lower prices if they persist. But even if oil prices rise and rise soon, there's new data that indicates the total amount of extractable oil from America's shale plays is less — much less — than what we're being told (or better put, "sold").

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  • Blog
    Peak Prosperity

    Shale Oil – Crash Course Chapter 21

    Expensive. Over-hyped. And short-lived.
    by Adam Taggart

    Friday, November 14, 2014, 11:38 PM

    4

    If you've watch the previous video chapter on Peak Cheap Oil, you may be wondering how any of that could be still be true given all the positive recent stories about shale oil and shale gas , many of which have proclaimed that “Peak Oil is dead”.

    The only problem with this story is that it is misleading in some very important ways. And entirely false in others.

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  • Podcast

    Richard Heinberg: The Oil ‘Revolution’ Story Is Dead Wrong

    The data tell a vastly different tale than the media
    by Adam Taggart

    Sunday, March 9, 2014, 5:45 PM

    38

    With all the grandiosity of the media headlines touting our destiny as the new "Saudi America", many pundits have been quick to pronounce Peak Oil dead.

    Here at PeakProsperity.com, one of the most frequent questions we've received over the past two years is: will the increased production from new "tight" oil sources indeed solve our liquid fuels emergency?

    Not at all, say Chris and this week's podcast guest, Richard Heinberg. Both are fellows at the Post Carbon Institute, and you are about to hear one of the most important and most lucid deconstructions of the false promise of American energy independence:

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  • Podcast

    Gail Tverberg: The Shale Oil Boom is More “Mirage” than “Miracle”

    Expect less than a 10-year boon
    by Adam Taggart

    Sunday, December 8, 2013, 2:11 AM

    14

    In this week's podcast, Chris asks Gail Tverberg to assess the merits of the shale oil "revolution". Does it usher in a new Golden Age of American oil independence?

    With her actuarial eyeshade firmly in place, Gail quickly begins discounting the underlying economics behind the shale model:

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  • Blog
    peapopp/Shutterstock

    What Happened to the Future?

    Hopes dim as global net energy per capita declines
    by Gregor Macdonald

    Tuesday, November 19, 2013, 6:15 PM

    22

    Improbably, the global economy has returned to growth over the past four years despite the ravages of a deflationary debt collapse, a punishing oil shock, ongoing constraint from debt and deleveraging, and stagnant global wages. The proof of this growth comes from the best indicator of all: the growth of global energy consumption.

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  • Daily Digest
    Image via Dreamstime

    Daily Digest 8/13 – A Texan Tragedy, War-torn Syria Split into Three Regions

    by DailyDigest

    Tuesday, August 13, 2013, 3:45 PM

    2
    • What Country Should You Flee to? Citizenship Info for U.S. Asylum Seekers
    • How Laura Poitras Helped Snowden Spill His Secrets
    • N.S.A. Leaks Make Plan for Cyberdefense Unlikely
    • War-torn Syria Split into Three Regions
    • In One Bundle of Mortgages, the Subprime Crisis Reverberates
    • A Texan tragedy: ample oil, no water
    • Lightning Bolt Sparks Fire at Venezuelan Oil Refinery
    • New York Today: Flood Watch

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  • Daily Digest
    Image by Erik Charlton, Flickr Creative Commons

    Daily Digest 7/27 – China Shutters Factories, How the Government Pockets Your Pension

    by DailyDigest

    Saturday, July 27, 2013, 2:36 PM

    1
    • Quiet Rivalry Over the Next Fed Leader Comes Out of the Shadows
    • China shutters factories to fight price-cutting
    • Don Pittis: Detroit pension meltdown a wake-up call for Canadians
    • How the Government Sneakily Pockets Your Pension
    • Rural Irish defy EU restrictions on turf-cutting
    • Most Likely Outcome Is Still A Monetary Collapse
    • George Mitchell, a Pioneer in Hydraulic Fracturing, Dies at 94
    • European Union and China Settle Solar Panel Fight

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  • Daily Digest
    Image by frankh, Flickr Creative Commons

    Daily Digest 6/7 – Bank Card Thefts Soaring, The Terrible Future Of The Syrian War

    by DailyDigest

    Friday, June 7, 2013, 2:53 PM

    4
    • The Terrible Future Of The Syrian War
    • Are Central Banks Losing Control Over Interest Rates?
    • The Slow and Painful Death of Freedom in Canada
    • How to put cybersecurity defences to the test
    • Why I Left the Conservatives to Stand Alone
    • Bank card thefts 'soaring at ATMs'
    • Is a Freefall in Oil Prices Really Underway?
    • ‘They’ve bought everyone’s silence’: Drillers paying out fracking settlements to land owners on one condition — keeping quiet
    • Bees do it, so why can’t bee keepers and colleagues?
    • Meet 'Schmeat': Lab-grown meat hits the grill this month
    • Falling Fruit: Mapping The Urban Harvest

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  • Daily Digest
    Image by mcconnell.franklin, Flickr Creative Commons

    Daily Digest 6/3 – A Fight Over Water, In Search of a New Definition of Success

    by DailyDigest

    Monday, June 3, 2013, 3:45 PM

    5
    • Beyond Money and Power (and Stress and Burnout): In Search of a New Definition of Success
    • Back to the Land is Back in Vogue, and It Could Make You Happier
    • The Greatest Fundamental Reason to own Precious Metals
    • A Fight Over Water, and to Save a Way of Life
    • China Is Reaping Biggest Benefits of Iraq Oil Boom
    • If Oil Prices Rise the EU May not Survive
    • Natural Gas Trucking: A Made-in-B.C. Success Story

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  • Daily Digest
    Image by PhotoJunkie!, Flickr Creative Commons

    Daily Digest 6/2 – The High Cost Of Unemployment, Devastating OK Storms Continue

    by DailyDigest

    Sunday, June 2, 2013, 2:38 PM

    5
    • Get Far Away From USA … Its Collapse Will Be Messy: Jeff Berwick
    • U.S. judge orders Google to turn over data to FBI
    • Why Didn't the SEC Catch Madoff? It Might Have Been Policy Not To
    • The High Cost Of Unemployment
    • Unemployment Hits Record High in Euro Zone
    • Deadly Storms in Oklahoma Bring Flooding and More Tornadoes
    • Fracking Tests Ties Between California ‘Oil and Ag’ Interests

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