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2015-03-31 20:45:00

U.S. NEED ARCTIC

U.S. NEED ARCTIC

The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study submitted Friday.

The U.S. has drastically cut imports and transformed itself into the world's biggest producer of oil and natural gas by tapping huge reserves in shale rock formations. But the government predicts that the shale boom won't last much beyond the next decade.

In order for the U.S. to keep domestic production high and imports low, oil companies should start probing the Arctic…

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Tags: U.S., OIL, GAS, ARCTIC, ALASKA, EXXON,
U.S. NEED ARCTIC February, 18, 12:30:00

OIL PRICE: ABOVE $66

U.S. NEED ARCTIC February, 18, 12:25:00

OIL DEMAND GROWTH 1.4 MBD

U.S. NEED ARCTIC February, 18, 12:20:00

BRENT OIL: UNDERVALUED

U.S. NEED ARCTIC February, 18, 12:15:00

U.S. OIL PRODUCTION 11.9 MBD AGAIN

U.S. NEED ARCTIC February, 18, 12:10:00

BENEFIT FOR RUSSIA

U.S. NEED ARCTIC February, 18, 12:05:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

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U.S. NEED ARCTIC
2019, February, 18, 12:00:00

БЫСТРАЯ СИЛА СИБИРИ

ГАЗПРОМ - Как отметил по итогам переговоров Алексей Миллер, «строительство газопровода „Сила Сибири“ идет с опережением графика, „Газпром“ начнет поставки газа в Китай раньше намеченного срока — уже с 1 декабря 2019 года».

U.S. NEED ARCTIC
2019, February, 18, 11:55:00

U.S. TIGHT OIL PRODUCTION 7 MBD

U.S. EIA - In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil accounted for 16% of total U.S. gas production and about 12% of U.S. total crude oil production.

U.S. NEED ARCTIC
2019, February, 18, 11:50:00

U.S. SHALE NEED INVESTMENT

REUTERS - On Thursday, the regional price of crude was at a $1.10 a barrel premium to U.S. crude futures, the strongest in more than a year as companies including Parsley Energy, Pioneer Natural Resources, Goodrich Petroleum Corp have pared their exploration budgets, easing the constraints.

U.S. NEED ARCTIC
2019, February, 18, 11:45:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.6%

U.S. FRB - Industrial production decreased 0.6 percent in January after rising 0.1 percent in December.

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