• 2 minutes Oil prices going down
  • 11 minutes China & India in talks to form anti-OPEC
  • 16 minutes When will oil demand start declining due to EVs?
  • 37 mins Oil prices going down
  • 6 hours We Need A Lasting Solution To The Lies Told By Big Oil and API
  • 6 hours Another WTH? Example of Cheap Renewables
  • 1 day Trump Hits China With Tariffs On $50 Billion Of Goods
  • 2 days Bullish and bearish outlook for oil
  • 2 days Rolls Royce shedding 4,600 jobs
  • 3 days After Trump-KJU, Trump-Putin Summit
  • 3 hours What If Canada Had Wind and Not Oilsands?
  • 2 days When will oil demand start declining due to EVs?
  • 1 day Russia's Rosneft 'Comfortable' With $70-$80 Oil Ahead of OPEC Talks
  • 6 hours The Wonderful U.S. Oil Trade Deficit with Canada
  • 10 hours China & India in talks to form anti-OPEC
  • 3 days U.S. Cars Will No Longer Need 55mpg Fuel Efficiency By 2025.
  • 5 hours The Permian Mystery
  • 3 days Epic Fail as Solar Crashes and Wind Refuses to Blow
  • 2 days OPEC soap opera daily update
Alt Text

China’s Growing Debt Could Be Bearish For Oil Prices

China’s crackdown on corporate and…

Alt Text

Oil Markets Unmoved By North Korea Summit

Today’s North Korea summit, and…

Alt Text

New Iraqi Lawmakers Want Out Of OPEC Deal

Lawmakers in the newly elected…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

Shale Revolution Spreads to the South

The U.S. pioneered shale gas and oil. The stratospheric rise in oil and gas production from the Marcellus, Bakken, and Eagle Ford formations has prompted producers to look abroad for other shale plays. After all, the U.S. isn’t the only holder of enormous shale resources. But the unique conditions in the U.S. – huge capital markets, home of fracking and horizontal drilling innovations, and landowner mineral rights – kept the shale revolution confined to the United States. Yet, as Ed Morse writes in the upcoming issue of Foreign Affairs, because of the massive shale deposits around the world, the shale revolution will almost certainly spread abroad at some point. But where will it happen next?

The most likely candidate is Argentina. Long known for beef, soy, soccer, and the tango, Argentina may soon make a name for itself in the world of unconventional oil and gas production. According to the U.S. Energy Information Administration, Argentina potentially holds the world’s fourth largest shale resources, behind only Russia, the U.S., and China. The South American country could hold up to 27 billion barrels of technically recoverable oil and 800 trillion cubic feet of natural gas.

It is not as if this has come out of left field. Argentina has long been a significant producer hydrocarbons, albeit a middling one compared to global energy superpowers. It is already South America’s largest producer of natural gas, and the continent’s…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News