U.S. oil production from shale formations such as the Bakken in North Dakota and Eagle Ford in Texas would remain economically viable even if world crude prices drop by as much as 30 per cent from today’s levels, a U.S. analyst says.

Topics:  bakken   north dakota   eagle ford   texas   u.s    shale   oil   price   analyst   
BING NEWS:
  • World stocks edge towards one-month high; U.S. jobs data eyed for Fed clues
    European shares followed Asia higher, with the STOXX Europe 600 up 0.4 percent, boosted by a rebound in commodity-related shares as oil and copper prices both ... and current growth is strong enough to withstand a rate hike, nonetheless we will likely ...
    06/2/2016 - 11:34 pm | View Link
  • Exxon’s Tillerson Says OPEC Not Waging War on U.S. Shale Rivals
    Although painful to endure, the market correction will be good for the industry in the long run as the lower oil price strips out excessive costs and forces producers to operate more efficiently, said Tillerson, a 40-year veteran of the oil patch.
    04/21/2015 - 7:12 am | View Link
  • OPEC, Russia, U.S. Shales
    In the past few years, U.S. shales have remained one of the most popular headline themes in the oil-focused financial media. With shale oil being the ... A quick global capacity correction and an oil price bounce to the pre-correction level may not be ...
    04/19/2015 - 10:04 pm | View Link
  • Turmoil doesn’t faze U.S. markets — so far
    A big reason is that five years after the Great Recession officially ... It might not take much — an oil-price spike, a prolonged recession in Europe, a plunge in business or consumer confidence — to derail the global economy. Here’s a look at ...
    08/15/2014 - 12:58 pm | View Link
  • U.S. to export oil to Canada at faster pace, Scotiabank projects
    U.S. oil is going to flow into Canada at a much faster pace over ... Religious Books and Gifts told me that specially made home kits are big sellers, particularly among real estate agents. “I know when real estate is hot, these fly off the shelves ...
    03/26/2014 - 9:11 pm | View Link
  • More
BING SEARCH:
  • Historic moment: Saudi Arabia sees End of Oil Age coming ...
    Saudi Arabia refuses to cut production because it sees the end of the Oil Age coming and knows a great deal of fossil fuels will have to stay in the ground.
    07/19/2016 - 8:13 am | View Website
  • A Closer Look at Saudi Arabia » Peak Oil Barrel
    Euan, I had several email exchanges with a mechanical engineer, Jerrgy Graf. He has done some excellent CASH FLOW studies of many of the large Solar & Wind Projects ...
    07/19/2016 - 7:23 am | View Website
  • Oil Derivatives Explode in Early 2015-Rob Kirby | Greg ...
    By Greg Hunter’s USAWatchdog.com (Early Sunday Release) Gold and derivatives expert Rob Kirby thinks crashing oil prices are going to lead to a 2008 style financial ...
    07/19/2016 - 5:07 am | View Website
  • Today's Stock Market News and Analysis
    Please note that once you make your selection, it will apply to all future visits to NASDAQ.com. If, at any time, you are interested in reverting to our ...
    07/18/2016 - 8:46 pm | View Website
  • U.S. News | National News
    ABC News reports on United States politics, crime, education, legal stories, celebrities, weather, the economy and more
    07/18/2016 - 2:55 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News