Tag Archives: Monterey Shale

IB2E Current Events December 2, 2014

By John Macomber The slides from today’s discussion about current events are here: IBEE Current Events 2014.12.02 The post that underscored the meaning of lower oil prices is here. By the way, natural gas prices have not dropped along with oil prices (below).  It could be argued that natural gas is a better benchmark for […]

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Response: “Is current shale production a decoy?”

(This is a further response to the original post here and a comment here. It’s entered as a new post to preserve formatting and graphics – John M). By Kate Your comment is absolutely on point: there is a surfeit of misleading articles, data, and graphs that certainly make the topic confusing for all but […]

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Is current shale production a decoy?

By Kate While cynics would argue that the precipitous decline in the price of oil stems from yet a new chapter in geopolitical oil-driven politics, as Saudi Arabia and the OPEC oil cartel have driven prices down to destroy the US shale revolution, such tunnel vision causes many to miss the bigger picture. While significant […]

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The Future of the Monterey Shale: Invest or Divest?

By Mohammed With the recent Energy Information Administration’s (EIA) downward revision of the Monterey Shale reserves from 2011 estimates of 15.42 billion to 600 million (only 4% of the 2011 estimates) barrels of recoverable oil and California’s constant oil production decline since 1985, is the oil and gas industry in the nation’s third largest oil […]

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Response: Fracking the Monterey Shale

By Anonymous (This is a response to “Fracking the Monterey Shale,” entered here as a new post to preserve the graphics – John M) In the referenced post, a novel solution is proposed to a difficult problem. The idea seems to flow nicely from Professor Reinhardt’s conclusions at the end of the Water class, wherein […]

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Fracking the Monterey Shale – Threat or Opportunity?

By Steve Renter California has had a love-hate relationship with oil for more than 150 years. Shortly after the gold rush, the state’s first productive oil well was drilled in 1865 in the Central Valley just east of San Francisco. Today, California continues to be the third-most oil producing state, behind Texas and Alaska. The […]

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