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Saudi Arabia Is At War With The American Shale Boom

2014-11-28 08:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Insider: Saudi Arabia`s oil minister told fellow OPEC members they must combat the U.S. shale oil boom, arguing against cutting crude output in order to depress prices and undermine the profitability of North American producers. Ali al-Naimi won the argument at Thursday`s meeting, against the wishes of ministers from OPEC`s poorer members such as Venezuela, Iran and Algeria which had wanted to cut production to reverse a rapid fall in oil prices. They were not prepared to offer big cuts themselves,...

Tags: american war arabia saudi

 

Follow the sand to the real fracking boom

2014-11-26 11:55:34| Green Car Congress

Tags: real follow sand boom

 
 

Follow the sand to the real fracking boom

2014-11-26 00:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Merco Press: When it takes up to four million pounds of sand to frack a single well, it's no wonder that demand is outpacing supply and frack sand producers are becoming the biggest behind-the-scenes beneficiaries of the American oil and gas boom. This all puts frac sand in the drivers' seat of the next phase of the American oil boom, and it has already seen its price increase up to 20% over the past year Demand is exploding for "frac-sand'--a durable, high-purity quartz sand used to help produce petroleum...

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Engineers, Contractors Benefit From U.S. Oil and Gas Boom

2014-11-25 17:43:04| ENR.com: Headline News

Thousands of construction projects, from drilling site access roads to pipelines to LNG export terminals, will keeps the sectors bust for years to come.

Tags: benefit gas oil contractors

 

Teekay LNG Partners A Simple Way To Play LNG Boom

2014-11-22 23:45:45| Energy - Topix.net

International LNG, or liquefied natural gas, is one of the few bright spots in the world economy today. Natural gas is the fastest-growing source of energy in the world, and with the nuclear crisis of Fukushima still fresh in the world's mind, natural gas is seen as the best solution at the moment.

Tags: simple play partners boom

 

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