OPEC: “All eyes are on how quickly US production falls”
The oil cartel, OPEC, has confirmed what has been obvious to many for months: US shale production is in deep, deep trouble as the fracking boom bursts in the face of low oil prices.
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Read the latest insights and analysis from the experts at Oil Change International.
US Shale Boom “Goes Bust”
The global oil price rose slightly this morning on the back of the news from the US government that US shale oil output is expected to fall for the first time in four years.
Solidarity or self-interest: Ecuador and oil in the age of climate change
Resource sovereignty, OPEC and climate change: implications for Ecuador in the struggle to protect biodiversity and indigenous rights in Yasuni National Park
Banks “Circling” Tar Sands Debt
The message from the markets for the North American oil industry is summed up in four simple words by the Financial Times today: “No respite for oil.”
Analysts Warn of $200 / Barrel
Last week, President Obama lauded the fact that America was poised to become the number one energy producer in the world this year.
