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Oilfield-service costs for US shale drillers are expected to rebound in 2025, clawing back some of this year’s drop, as explorers expand the hunt for natural gas and extend sideways wells, according to industry consultant Enverus. This year’s reduction in drilling and fracking, combined with the push to max out efficiencies, are seen lowering per-well …
Shale-Production Costs Seen Rising 2.8% in 2025, Enverus Says Read More »
Democratic nominee no longer wants to ban the practice Pennsylvania is big fracking state that looms large in US race Bill McKibben speaking at Upstate Films in Rhinebeck.Photographer: Anne Riley Moffat/Bloomberg Progressive Americans unhappy with Vice President Kamala Harris’ about-face on fracking need to ease up, said environmentalist Bill McKibben. “Look, it doesn’t make me happy, but …
Progressives Should Cut Harris Slack on Fracking, Says Environmentalist Read More »
Fracking site near Midland, Texas, U.S. August 22, 2019. Picture taken August 22, 2019. REUTERS/Jessica Lutz/File Photo (Reuters) – U.S. Vice President Kamala Harris understands natural gas prices will rise if fracking is banned, industry executives said on Tuesday, explaining their confidence that the Democratic candidate will not ban the production method if she becomes …
Harris Understands Fracking Ban Raises Energy Costs, Industry Execs Say Read More »
Investors were more bearish than ever on crude oil last week, deepening a months-long selloff that pressured prices to multi-year lows amid growing concerns of weak demand in top consuming nations. Negative sentiment swept oil markets so strongly that short positions on Brent crude overtook long positions for the first time, data from the Intercontinental …
Investors Turned More Bearish on Oil Last Week Than Ever Read More »
