Posts

What Iraq’s Oil Boom Means For The Global Market

Now, a country so long ravaged by war and international sanctions has re-established itself as a major player with a new export facility off Basra, in the Persian Gulf. While challenges remain …

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White House convenes oil CEOs as bust threatens U.S. boom

WASHINGTON (AP) — President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry’s way as the …

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White House convenes oil CEOs as bust threatens US boom

President Donald Trump offered assurances of better times and coronavirus tests to oil CEOs at a White House summit Friday, but no firm proposals for easing the industry’s way as the coronavirus …

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Russia-Saudi revenge against shale oil threatens to crush entire US financial system, Professor Wolff tells Boom Bust

Global stock markets hit bear territory this week, with oil prices experiencing their biggest plunge since the 1991 Gulf War. Boom Bust is joined by Professor Richard Wolff of the Economic Update to …

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Plummeting Oil Prices Could Force A Reckoning For The American Fracking Boom

The dramatic fall of oil prices could upend the American fracking industry, analysts said Monday, as panic over the coronavirus outbreak lessened global demand and Saudi Arabia and Russia flooded the …

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The Latest Texas Oil Boom Has Sent Emissions Soaring

The ongoing growth of fracking in the U.S., plus the related buildout of pipelines … Shell’s gargantuan ethane cracker in Western Pennsylvania is one example, but the Gulf Coast is home to many more …

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Fires, explosions and toxic releases: Front Range residents fight fracking boom

Opponents of fracking have, however, won one big victory since then … and seeing the effect of its pollution: the industrial waste, the bad air, the noise, and the constant low thumping vibrations …

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America’s energy boom can’t stop oil prices from rising

The sun rises over an oil field over the Monterey Shale formation where gas and oil extraction using hydraulic fracturing, or fracking, is on the verge of … before the 1991 Gulf War; after …

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Fracking boom tied to methane spike in Earth’s atmosphere

as well as more stringent standards on the construction of fracking wells and wastewater management. In addition, the Trump administration is auctioning off millions of acres of drilling rights to oil …

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Boom or bust, fracking is permanently changing Texas and undercutting OPEC

Fracking technology has fundamentally changed the oil and gas … Work hasn’t stopped on pipelines designed to connect the Permian and other oil fields to the Gulf Coast. And earlier this month …

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