Posts Tagged: Shale oil

2014-07-11

The Master Resource Report 2014-07-11 Oklahoma earthquakes Last week the Wall Street Journal had an article that looked at the jump in magnitude 3 and above quakes that have been registered in Oklahoma. Temblors in Oklahoma used to be rare. Before 2008, the state experienced just one earthquake of magnitude 3 or larger each year…. Read more »

2014-05-16

The Master Resource Report 2014-05-16 Toyota ends battery and drivetrain supply deal with Tesla Toyota announced this week that it will not be renewing its agreement with Tesla to supply batteries and the drivetrain for its RAV4 electric crossover vehicle. The RAV4 electric has sold poorly since its introduction. According to a New York Times… Read more »

2014-04-11

The Master Resource Report 2014-04-11 The US top oil producing counties Drillinginfo posted a very interesting map and supporting data that highlights just how small the area producing half of US oil production really is. One highlight is that Kern County California is number three and it has been producing now for over 100 years…. Read more »

2014-02-28

The Master Resource Report 2014-02-28 Oil prices continue to converge The price of three major benchmarks for US crude oil continued to converge this week with Louisiana Light (LLS) at parity to Brent. Both were reported by the EIA as being at $108 per barrel. Meanwhile West Texas Intermediate (WTI) narrowed its discount to Brent… Read more »

2014-02-21

The Master Resource Report 2014-02-21 Could natural gas storage really fall below 1,000 Bcf? According to the EIA gas storage report last week ended with 1,443 billion cubic feet (Bcf) of natural gas in underground storage. This is the lowest level at this time of year in a decade. Could storage levels fall below 1,000… Read more »