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Russian Investment in 'Clean' Fracking Technology

Date: 25 February 2015

Are the Russians coming to Texas riding the tailwinds of fracking? That depends on whom you ask, as some believe Russian forces were behind the anti-fracking vote in Denton, while a $15 million investment in new Texas fracking technology by Roman Abramovich perhaps tells another story. 

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The World Appears to be Swimming in Oil

Date: 24 February 2015

In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting the oil price from $147 to over $200 a barrel. 

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Is there a Logical Oil Price?

Date: 24 February 2015

If you have been following the price of oil over the last few months, the chances are you are a little confused. On the one hand, you have the likes of A. Gary Shilling who, in this Bloomberg article, loudly trumpets the prospect of oil at $10/Barrel, and on the other, there is T. Boone Pickens, who, at the end of last year was predicting a return to $100 within 12-18 months. 

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Factors that Explain a Future of Expensive Oil

Date: 19 February 2015

It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil. 

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Keeping the Arctic Oil Industry's Dreams Alive

Date: 2 February 2015

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. 

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The Reality of Ukraine's Oil and Gas Investment Climate

Date: 28 January 2015

The Ukrainian government has repeatedly claimed it is doing its best to improve the oil and gas investment climate, but official statements are the opposite of the reality, as Prime Minister Arseniy Yatsenyuk is leading the great deception. 

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Geopolitical Shifts in the Face of Low Oil Prices

Date: 27 January 2015

In a documentary that aired recently on the Canadian Broadcasting Corporation's popular The Fifth Estate program, an allegory of Vladimir Putin was presented. The wily Russian president was described growing up in a shabby St. Petersburg apartment, where he would often corner rats. Now, punished by low oil prices and Western sanctions against Russian incursions in Ukraine/ Crimea, Putin is himself the cornered rat.

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Uneven Negative Effects of Low Oil Prices

Date: 22 January 2015

U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. 

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Are There Already Signs of an Impending Oil Crisis?

Date: 6 January 2015

Low oil prices today may be setting the world up for an oil shortage as early as 2016.  Today we have just 2% more crude oil supply than demand and the price of gasoline is under $2.00/gallon in Texas.  If oil supply falls too far, we could see gasoline prices doubling within 18 months.  For a commodity as critical to our standard of living as oil is, it only takes a small shortage to drive up the price. 

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Conspiracy Theories and the Price of Oil

Date: 29 December 2014

The oil price drop that has dominated the headlines in recent weeks has been framed almost exclusively in terms of oil market economics, with most media outlets blaming Saudi Arabia, through its OPEC Trojan horse, for driving down the price, thus causing serious damage to the world's major oil exporters – most notably Russia. 

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Plunging Oil and OPEC's 2015 Forecast

Date: 12 December 2014

The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC's latest forecast. And that's just one of several sour estimates.  

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Oil, Junk Bonds, and Maybe the Next Financial Crisis

Date: 4 December 2014

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. 

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The Montney Shale is Heating Up in the Cold of Canada

Date: 3 December 2014

What does it take to build up a new region for oil and gas development? Obviously, the resources have to be in place and economically recoverable. But it is not as easy as just sticking a drill into the ground and pumping out oil and gas. 

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The Demand Surge for 'Frac Sand'

Date: 25 November 2014

When it takes up to four million pounds of sand to frack a single well, it’s no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. 

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U.S. Oil Boom Driven in Part by Oilfield Services

Date: 7 November 2014

The shale revolution’s sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play’s economics.  Behind the stardom of the explorers and producers who have put themselves on the revolutionary shale map and absorb most of the risk—are the service providers who make up a highly lucrative market segment. 

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