Filed under: maps, Uncategorized | Tags: Eagle Ford shale, frac, oil, oil shale, shale gas, shale oil, Texas, tight gas, tight oil, tracking, water
http://online.wsj.com/article/SB10001424052970204528204577009930222847246.html
Piece in WSJ on oil versus water in Texas. The inconvenient reality of hydro-fracking. The article itself claims 6 million gallons needed for each Frac in the Eagle Ford. (The article is behind the paywall.)
Filed under: Uncategorized | Tags: OECD, oil, oil consumption, oil exports, oil production, OPEC
Based on BP Statistical Review of World Energy…
Filed under: Uncategorized | Tags: Basra, Iraq, Kurds, Malaki, oil, Shiites, Sunnis
Iraq oil hub Basra wants bigger say, more autonomy | Reuters.
Filed under: Uncategorized | Tags: exports, gas prices, Iran, oil, oil supply, OPEC, petroleum, Senate, war
Iran Faces Oil Curbs as U.S. Targets Central Bank While EU Adds Sanctions – Bloomberg.
I don’t know if these guys realize. Iran produces a lot of oil, and exports about 2.2 million barrels per day. This is a very strange/interesting development. “Choking off” Iranian exports will not only send prices to the stratosphere here, but could also cause very serious supply disruptions around the world, gas lines, rationing, general chaos. Now why would they want to do that?
Chart from Carpe Diem blog.
But what about EROEI, that is, net energy of tight gas?
















