December 3, 2012

The Folks That Shale Has Made Millionaires

Daily Reckoning, Business Insider


Google images

Over the last three years the oil and gas industry has been churning out millionaires. No. I’m not talking about company CEOs or Saudi oil sheiks. Instead I’m referring to everday Americans that found themselves in the right place at the right time.

Read Full Article ››

TAGGED: Oil Leases, Gas Leases, Millionaires, Shale Gas, Shale Oil

RECOMMENDED ARTICLES

October 23, 2013
NY Liberal Gas Hogs Fight Shale in Politics
W.R. Mead, The A.I.
You can’t extract shale gas in New York state, but that doesn’t mean you can’t burn the cheap stuff. . . more ››
October 24, 2013
This Post Will Piss Off Shale Deniers
Brian Bremner, Businessweek
The U.S. shale energy boom has attracted plenty of skeptics. Petroleum geologist and consultant Art Berman has called the shale oil and gas expansion “more of a retirement party than a revolution.” Berman and others have cast... more ››
October 17, 2013
Are We Setting Ourselves Up for a Shale Bust?
W.R. Mead, The A.I.
A new report warns that as the shale revolution pumps new life into American energy production, it also leaves states vulnerable to global energy price swings. Between 2010 and 2012, oil and gas industry jobs grew 10 times faster... more ››
October 23, 2013
UK Taking a Pass on Shale Revolution?
Daniel Graeber, OilPrice
U.S. supermajor Chevron last week halted work on an exploration well in the Romanian town of Pungesti after protesters rallied in opposition of hydraulic fracturing. The company had only secured the rights to explore in three... more ››
October 21, 2013
Russia, American & the Arab Oil Curse
Raghida Dergham, Huff Post
The compass of the geopolitical strategic balance of power is turning towards a qualitative relationship between the United States and Russia, following a phase of tension in their relationship, the features of which had clearly... more ››