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Created 02/03/2012 - 1 year ago
The U.S. oil market could be on the verge of its own fracking revolution, similar to what the natural-gas market is already experiencing. As a result, domestic production is now projected to rise significantly over the coming decades, reducing the relative share of imports in U.S. oil consumption.
Source
www.bloomberg.com
Domestic #natgas production projected to rise significantly over coming decades, reducing relative share of imports: http://t.co/xwhTPPFz
US natural gas prices have halved $7 to 3$ MCF. Foreign oil dependence from 60% to 46% in 5 years http://t.co/lzhc08t7 http://t.co/lkFtTBPc
#Fracking boom could finally cap myth of peak #oil: Peter Orszag - Bloomberg http://t.co/Y0Z912XA via @BloombergView
Bakken oil boom has increased US production but doesn't "kill peak oil myth" as Peter Orzag says. See my comments below http://t.co/6IKPcrZU
Peter Orszag: Fracking Boom Could Finally Cap Myth of Peak Oil http://t.co/ciLg18l2
RT @AdvPowEng: Is Shale Oil next? http://t.co/Adbl5Sfw #in
RT @ShaleGasExpert: Former key Obama advisor sees end of Peak Oil http://t.co/XC5hOqPu
Former Obama OMB Director Peter Orszag: Tight oil could put an end to the myth of "peak oil." http://t.co/6jvyjED0
About time someone brought tight oil into the equation... http://t.co/ChUEMzRb
RT @BloombergView: Peter Orszag on the fracking boom and peak oil myth | http://t.co/HCFU1fzR
Fracking success could finally quell the myth that there is not enough oil in the US http://t.co/Mo9l2KuE #economy #energy #clt
Fracking Boom Could Finally Stop the Myth That There is Not Enough Oil in the US http://t.co/dzgPVLtn
Orszag: Fracking Could Finally Cap Myth of Peak Oil - Bloomberg http://t.co/xB46VTzi Going mainstream now.
Yet another economist fails to realise that ' #PeakOil ' doesn't mean we run out; it means the end of CHEAP+easy oil: http://t.co/tMg0A8Nl
#Fracking could make "peak oil" a myth ~> http://t.co/BZBgsWD7 <~ Oh, good. We can keep polluting.
Will "tight oil" break the "Peak Oil" myth? Perhaps, but there are more problems with oil than just its limited supply. http://t.co/DS6tZGSO
Peter Orzag should stick to subjects he knows, like being a corrupt crony and paid shill for banks. #jagoff http://t.co/Vc0VU8by
Interesting - Fracking Boom Could Finally Cap Peak Oil Myth: http://t.co/CIVj5cNL via @BloombergView
RT @krohn_dc: Frmr Obama OMB director hails #hydraulicfracturing as #gamechanger weaning US dependency on foreign oil http://t.co/gQezrL6i
Good take on America's oil & gas boom from @BloombergView's Peter Orszag http://t.co/Etmt0i7c #energy #oil: Good... http://t.co/6erMCMFA
EIA expects reliance on foreign #oil imports to drop to 37% by 2035 - U.S. energy security here we come! @Bloomberg http://t.co/fz4GvCwF
Fracking boom could FINALLY cap myth of peak #oil - (via @Bloomberg) http://t.co/fz4GvCwF #AmazingEnergyFuture
Fmr. OMB dir. Peter Orszag touts benefits of responsible #shale development, #hydrofracturing, via @BloombergView: http://t.co/MAr9Gotw
@samulhim: #Oil from #shale via #hydrofracturing shifting global outlook on reserves, fmr Obama OMB director says. http://t.co/kegsGOzF
RT @kausmickey: Tight oil, loose markets and ... Where is Earl Butz when you need him? http://t.co/ls5d5uCD
RE: @bloombergview "In 2010, oil companies produced 5.5 million barrels per day of domestic crude. The Energy Informa… http://t.co/CQzp24e3
Fracking Boom Could Finally Cap Myth of Peak Oil: Peter Orszag - Bloomberg: Fracking Boom Could Finally Cap Myth... http://t.co/Apc3LvaT
And @bloomberg doubles down against peak oil with a Peter Orszag piece on oil fracking http://t.co/2vmBWsQs
RT @JamesMoneyWeek: Citigroup think America's about to undergo an oil revolution http://t.co/doVCdSKy Here's how I think you can profit: http://t.co/Ovbs5LZg
Does fracking boom signal death of Peak-oil theory? http://t.co/UD2vosJE via @BloombergView
Fracking Boom Could Finally Cap Myth of Peak Oil: Peter Orszag @BloombergNow http://t.co/7RIfzwdc ...AND If we redefine conventional oil.
Peter Orzag on why we can stop with the "Peak Oil" concerns. #stillnotcheap #filewithlimitstogrowth http://t.co/nxRg1jUp
Orszag's optimism doesn't account for the people lusting for catastrophic oil shortage & determined to make it happen http://t.co/OCsd0CkP
http://t.co/j5lRLKzV Fracking Boom Could Finally Cap Myth of Peak Oil: Peter Orszag: The U.... http://t.co/wA49y9uz http://t.co/k6rx9eHb
Fracking Boom Could Finally Cap Peak Oil Myth: Peter Orszag http://t.co/PRTs8323