Can Small Carbon Sequestration Projects be Economic?
President Biden has the worst energy policy since Jimmy Carter, so it was probably inevitable that he would disinter one of Mr. Carter’s worst ideas—a “windfall profits” tax on oil companies. Doesn’t he know that when you tax something, you get less of it?Energy Policy for Dummies
President Biden has the worst energy policy since Jimmy Carter, so it was probably inevitable that he would disinter one of Mr. Carter’s worst ideas—a “windfall profits” tax on oil companies. Doesn’t he know that when you tax something, you get less of it?How Tight-Oil Wells Grow Old
Tight-oil production in the US set new records in 2019, but the banner year ended with an important caveat: more than two-thirds of crude production from shale plays flowed from wells drilled in the past 2 years. The figure reflects the fast-paced life of horizontal wells while also highlighting that older assets are not contributing as originally expected. [cont'd]Low-Cost Fracking Offers Boon to Oil Producers, Headaches for Suppliers
At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000.