Tag Archives: fracking

All good things……

As you know, I have not posted anything for quite a while. The main reason is that I really stopped finding interesting  new developments I could get excited about in either the chemical or the energy arena. Fracking has not … Continue reading

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Fracking Breakthrough Substantiates A Once Questionable Forecast

It was not so long ago that a petroleum industry forecaster famously said that the U.S. will pass Saudi Arabia as the largest producer of crude oil. Now, this projection may in the not so distant future become reality as … Continue reading

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U.S. Oil Self-sufficiency: Not all it’s “fracked” up to be

The recent( $30-45 per barrel) price range of crude oil is likely to last for quite some time if prognosticators are to be believed. This is partly because Iranian oil has come on the market and the Saudis show no sign of … Continue reading

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Young Liberals opposed to Fracking: Look at facts before making judgments

As the New York State Democratic primary heats up, it has become evident that “fracking” is becoming a political “football”. It’s not surprising that opposition to fracking, in principle, has become an election issue in New York, since Governor Cuomo, … Continue reading

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Crude price staying down: Thanks to fracking “learning curve” and chemicals

 Like duelling banjos, the U.S. and Saudi oil producers have been carrying out a spirited contest to see who first cries “Uncle” (My apologies for these metaphors). When crude prices first started to plunge from the                $ 100/bbl level, the … Continue reading

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Crude Oil Price: Small Imbalances create major volatility

My October 19th post on crude oil pricing outlined the basics behind crude oil supply-demand pricing and pointed to a likely “floor” price around $60 per barrel, largely based on the fact that around this price the more expensive crude oil … Continue reading

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Crude Oil Price setting mechanisms 101

We have recently seen the price of Brent crude oil (the global standard) drop steadily from over 100 dollars per barrel to close to 80 dollars. The reason is a current small “oversupply” of crude at a time of slowing demand for … Continue reading

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