Astonishingly, these opportunities for energy independence have been ignored for windmills and solar energy, even as a new energy revolution unfolds. – IBD
Post Tagged with: "oil production"
August 14, 2012 05:19
America’s Energy Bonanza = Millions of Jobs
America’s ongoing energy revolution is one of the real bright spots in an otherwise sub-par economic expansion, and provides one of the best reasons to be bullish about America’s future.
July 26, 2012 09:08
Let My People Drill! New Study Shows Mideast Oil Might Not Be Needed by 2025
North Dakota’s oil production has exploded in the past decade with improved horizontal drilling techniques into the Bakken shale and the Three Forks formation below it.
July 23, 2012 03:57
Forget Libor-gate, Oil Market Manipulation Is Far Worse
Consumers are paying an easy $35 dollars per barrel over what they would otherwise dole out for a barrel of oil, if fund managers didn`t use the benchmark futures contracts as their own personal ATMs.
July 2, 2012 03:45
Global recession could lead to $60 oil
Throw in the fact that it seems everybody (governments as well as consumers) is in debt, nobody has any money, credit issues are becoming increasingly burdensome to deficit financing to artificially stimulate growth via the government intervention route, all these factors are forming a perfect storm for the oil market to face some major headwinds for the next 5 years.
June 27, 2012 07:29
Peak oil myth goes bust
Net additional production capacity by 2020 could be 17.6 mbd, yielding a world oil production capacity of 110.6 mbd by that date – This would represent the most significant increase in any decade since the 1980s.
May 24, 2012 16:20
Global recession means drop in oil prices
Oil is a global commodity and lower demand means lower prices. As Europe crashes, China slows down and America stalls, oil prices will continue downward followed by lower gas prices. Watch for Obama to take credit for lower prices but not the economic slowdown that is really causing the price drop.
May 23, 2012 09:46
States That Have Recovered Jobs the Fastest Have Booming Energy Sectors
Energy is responsible for these states’ job recoveries “to a very large degree,” says Jim Diffley, senior director of U.S. regional services at IHS Global Insight. “In North Dakota and Alaska, the energy sector is predominately very much the single most important factor.”
May 18, 2012 04:37
Forget Peak Oil, Worry About Peak Oil Labor
39,000 workers will be needed in Canada along to replace those who are expected to retire before 2020 just to maintain the status quo. The industry could need as many as 130,000 new hires by the end of the decade with more bullish oil and gas prices.
May 14, 2012 06:33
The “Dakota Model” of Job Creation – It Works!
North Dakota’s economic success goes beyond its energy sector. The state’s pro-business climate gets some of the credit for the impressive job growth over the last five years. Whatever North Dakota is doing, it’s working, and the state should be a nationwide model.
