Clean Oil That Only Costs $20

Wednesday, February 14th 2018 - 16:28 UTC

Full article 2 comments

The United States is in the midst of an energy revolution.

Oil production has risen by 5 million barrels per day (bpd) since 2010, an increase of nearly 100 percent. New technology, particularly techniques in shale oil drilling, has opened up vast new opportunities for oil and gas companies. Read full article

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Chicureo
Reminds me of the tune: Don't cry for me Venezulea, the truth is I've been a b*stard... ...we've lost our $100+ barrel market, and our people suffer...
Very dark news for OPEC...
Feb 14th, 2018 - 05:04 pm - Link - Report abuse 0
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The Voice
… and they are often only recovering 15% of the hydrocarbons, so 85% is still there. As technology develops even more can posibly be recovered. No wonder the Arabs are investing elsewhere like crazy.
Feb 14th, 2018 - 07:37 pm - Link - Report abuse 0
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