Post 34 – crude Oil NM
Figure 1. Oil production in New Mexico through end of 2020.
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Warren Buffet may see business opportunities in carbon capture (CCS) growth in the US. This may be a safe investment in the short-term but in the long-term CCS looks to be impractical. Read the full article here.
Many consumers across the world see a huge disparity between their frugal purchase of energy at a higher costs and enormous profits made by oil and gas companies that produce this same energy. Read the full article.
Permian crude oil will grow steadily from 5.7 MMbpd now to possibly 8 MMbpd by 2030, and total U.S. production may reach 13.3 MMbpd by 2050. READ MORE
The Kansas spill, though relatively small, might encourage oil and gas people and environmental proponents to stop talking and listen to the other side – to seek what’s unifying rather than what’s polarizing. Read the full article here.
“This is another book that is a must-read for anyone wishing to know the truth – both positive and negative – about fracking and the shale business in the United States and globally.” ~ David Blackmon, Editor of Shale Magazine and contributor to Forbes.com
“The Shale Controversy has it all: politics, science, economics, history, geography, geology. I could keep adding to the list, but in summary, this book looks at the oil/gas and environmental predicament through several lenses.” ~ Terri Koontz, College Biology Professor, Albuquerque
“I have only heard the hype about fracking in the past and would say I was skeptical at best. Reading The Shale Controversy has given me a wealth of information on the subject. It is an enjoyable and not difficult read which is surprising as the subject is very technical. . . . I highly recommend The Shale Controversy if you want an expert’s view.” ~ Robyn Wilde Hood, Fashion Quality Manager, Adelaide, Australia
If you want truth and not media hype, this is your book. Dr. Palmer is a known shale-fracking expert who is brutally honest about the significant drawbacks but also clear about the incredible potential of shale. I disagree on the role of fracking relative to global warming because I’m a climate change skeptic. But I highly recommend this book.” ~ William B. Collier, Professor of Chemistry, ORU, Tulsa
“It was hard to put the book down. I would highly recommend FracMan to anyone who would enjoy an inspiring Christian story with a bit of romance and insight into the potential connections between fracking and earthquakes in the shale-gas/oil industry.” ~ Debbie Loftin, Reservoir Engineer, Durango, Colorado.
“After all these years I finally have an idea what fracking really is and the correlation to earthquakes. With the wonderful love story aside..” ~ Brian Morrison, Remotely Operated Vehicle (ROV) Pilot/Superintendent, Albuquerque
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