Jul 23 2014 @ 7:19am by Matt Smith in Crude Oil, Global Energy, Natural Gas
Russell Gold is absolutely marvelous. Not only has he spent over a decade as an intrepid energy reporter at the Wall Street Journal, but he has written a book, ‘The Boom‘, which is the quintessential history of the US fracking revolution.
The book provides a fair and balanced view on how hydraulic fracturing has kick-started the US energy boom, and I am so keen to spread the word about it that I have five copies to give away. But before that, here is an interview with the mighty Russell Gold himself, providing some candid and compelling insights. Enjoy!
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Apr 29 2014 @ 10:26pm by Matt Smith in Crude Oil, Economy, Global Energy, Natural Gas
Let’s go a little controversial here. The US oil boom is such a headline-grabbing topic at the moment that I cannot help but draw comparisons betwixt it and its pop culture equivalent, Miley Cyrus. And while on that tangent, the oil cartel OPEC reminds me of…Justin Bieber: just as US oil production is surging in stature, OPEC’s dominance appears to be waning. » read more
Jan 6 2014 @ 5:41pm by Matt Smith in Economy, energy consulting, Natural Gas
Ok, my bad – wrong Marsalis to the left. For today, my friends, we are going to talk about the crazy cat that is the Marcellus Shale, via ten different considerations. So let’s get this show on the road, and start the countdown from ten to one: » read more
Nov 1 2013 @ 6:51pm by Matt Smith in Crude Oil, Economy, energy consulting, Global Energy, Natural Gas
The line above is (mostly) taken from the poem by Samuel Taylor Coleridge, ‘The Rime of the Ancient Mariner‘. It seemed relevant when addressing the issue of water usage in hydraulic fracturing, as the poem provokes a similar range of emotions – from horror to incredulity to fascination. I haven’t set out to validate or vilify the relationship betwixt water and fracking, just present some background info. Which is this:
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Sep 6 2013 @ 10:58am by Matt Smith in Economy, Global Energy, Natural Gas, Random
Good day, and I bid you happy Friday! Energyland™ continues to be on one heck of a rollercoaster ride, with crude oil’s direction this week mostly dictated by the tension in the Middle East. Rising tension = rising prices. As for natural gas, its recent rally has run out of steam as a lack of hurricane activity as we approach the peak of the season (hark, on Tuesday) has spurred on selling, while late-summer heat is not enough to drive on demand to bring on further buying. Snacks ahoy! » read more