Green Energy
- What Is Oil Shale?
U.S. Western oil shale is a fine-grained sedimentary rock which is very rich in organic sedimentary material called “kerogen.” The shale is heated to separate the kerogen from the rock and the resultant liquid is converted to superior quality...
-
U.S. Ousts Russia as Top World Oil, Gas Producer in BP Data Bloomberg Business: The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s...
- 1st The Ca Pipeline Is Delayed/cancelled Killing 20k Jobs And Now, 204,000 Jobs Are Flushed By Obama Over Shale Gas
WS:President Obama’s United States Department of Agriculture has delayed shale gas drilling in Ohio for up to six months by cancelling a mineral lease auction for Wayne National Forest (WNF). The move was taken in deference to environmentalists, on...
-
MORE PROOF THAT PEAK OIL IS BS: HUNDREDS OF BILLIONS OF BARRELS OF SHALE OIL BEING FOUND ALL OVER THE GLOBE From the Astute Blogger himself; Reliapundit: In May, the Argentine oil company YPF announced that it had found 150 million barrels of oil...
- Marcellus Shale Potential Studied - News, Sports, Jobs - The Intelligencer / Wheeling News-register
Marcellus Shale Potential Studied - News, Sports, Jobs - The Intelligencer / Wheeling News-Register...
Green Energy
Shale oil: the next energy revolution
The global impact of shale oil could revolutionise the world’s energy markets over the next couple of decades, resulting in significantly lower oil prices, higher global GDP, changing geopolitics and shifting business models for oil and gas companies, according to new analysis from PwC.
The potential availability and accessibility of significant resources of shale oil around the globe - and the potential effect of increased shale oil production in limiting growth in global oil prices - has implications that stretch far beyond the oil industry.
Shale oil has the potential to reshape the global economy, increasing energy security, independence and affordability in the long term. However, these benefits need to be squared with broader environmental objectives at both the local and global level.
The effects of a lower oil price resonate along the entire energy value chain, and investment choices based on long-term predictions of a steady increase in real oil prices may need to be reassessed. The potential magnitude of the impact of shale oil makes it a profound force for change in energy markets and the wider global economy. It is therefore critical for companies and policy-makers to consider the strategic implications of these changes now.
- Watch video
- Explore the data
- Key findings
- What Is Oil Shale?
U.S. Western oil shale is a fine-grained sedimentary rock which is very rich in organic sedimentary material called “kerogen.” The shale is heated to separate the kerogen from the rock and the resultant liquid is converted to superior quality...
-
U.S. Ousts Russia as Top World Oil, Gas Producer in BP Data Bloomberg Business: The U.S. has taken Russia’s crown as the biggest oil and natural-gas producer in a demonstration of the seismic shifts in the world energy landscape emanating from America’s...
- 1st The Ca Pipeline Is Delayed/cancelled Killing 20k Jobs And Now, 204,000 Jobs Are Flushed By Obama Over Shale Gas
WS:President Obama’s United States Department of Agriculture has delayed shale gas drilling in Ohio for up to six months by cancelling a mineral lease auction for Wayne National Forest (WNF). The move was taken in deference to environmentalists, on...
-
MORE PROOF THAT PEAK OIL IS BS: HUNDREDS OF BILLIONS OF BARRELS OF SHALE OIL BEING FOUND ALL OVER THE GLOBE From the Astute Blogger himself; Reliapundit: In May, the Argentine oil company YPF announced that it had found 150 million barrels of oil...
- Marcellus Shale Potential Studied - News, Sports, Jobs - The Intelligencer / Wheeling News-register
Marcellus Shale Potential Studied - News, Sports, Jobs - The Intelligencer / Wheeling News-Register...