Tag Archives: Shale Boom

What Does Full Employment Look Like?

We can get a good picture of full employment by looking at Midland, Texas, where the unemployment rate hovers near 2%. Finding workers to do ordinary jobs as teachers, restaurant cooks, bus drivers, city workers, prison guards, etc. is getting … Continue reading

Posted in careers, Economics, Energy, Shale Oil & Gas Revolution | Tagged

Zeihan: The US Shale Patch Has Not Drilled a Dry Well in 3 Years!

No dry wells for the last 3 years and no low-productivity well for the last 2 years. The reason for this long string of good luck in the US shale oil patch — according to Austin-based geopolitical analyst Peter Zeihan … Continue reading

Posted in Oil Prices, Peter Zeihan, Shale Oil & Gas Revolution | Tagged ,

Ongoing US Shale Boom and the Dangerous Child

The surprising US shale boom continues to confound peak oil doomers and Russian neo-imperialists. At the same time, this energy revolution is fueling renewed manufacturing and other industrial development in the US — and fueling hope for similar renewal in … Continue reading

Posted in Economics, Energy | Tagged , , | 3 Comments

Energy Bits

Image Source via GWPF According to the research team led by Kyoto University Prof. Tsuyoshi Ishida and Assistant Prof. Chen Youqing, CO2 becomes a “supercritical” fluid if it is heated to 31.1 C or more and subjected to pressure of … Continue reading

Posted in Energy, Russia | Tagged | 3 Comments

North American Oil & Gas Production: Calming World Oil Concerns

Despite the excitement over Russia’s conquest of Crimea, continuing strife in Syria, and increasing instability in Egypt, world oil prices remain stable for now, with Brent futures near $105. Canadian oil sands plus North American shale oil & gas have … Continue reading

Posted in Energy | Tagged , | 2 Comments