shale

  • Photo of Corruption, Power, and Oil: The Russian Legacy of Fossil Fuel Production

    Corruption, Power, and Oil: The Russian Legacy of Fossil Fuel Production

    As a major global producer and exporter of oil, natural gas, and coal, Russia’s economic growth is primarily driven by its fossil fuel reserves.

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  • Photo of Prices and Oil

    Prices and Oil

    As of late November 2019, oil prices hit the lowest point of the entire year. This is something that President Donald Trump called “a big Tax Cut for America and the World” on Twitter. However, the international market doesn’t see it that way. Of the 10.96 million barrels per day produced in 2018, 59 percent (about six million) was from…

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  • Photo of Shale is shaking

    Shale is shaking

    This quarter has brought on even more speculation that the high production of shale, called the “shale boom,” is slowing down in the United States. NPR reported in late November that oil demand is dropping, alongside prices, “signs of a crisis that’s quietly roiling the industry” the media outlet stated. Since the beginning of 2019, oil production increased by one…

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  • Photo of The West Texas Oil Boom That Changed the World

    The West Texas Oil Boom That Changed the World

    The small town of Midland, Texas has become the center of America’s oil and gas boom.

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  • Photo of Natural Gas Hitting Records in the U.S.

    Natural Gas Hitting Records in the U.S.

    Natural gas, like other fossil fuels, is formed from the remains of plants and animals that had millennia to decompose. This organic matter is compressed by layers of sand, silt, and rock. It is made up of various components, such as hydrocarbon liquids, carbon dioxide, and water vapor. But the most dominant component is methane.  Ten countries account for more…

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  • Photo of What Happened to Peak Oil?

    What Happened to Peak Oil?

    While it has been decades since the peak oil predictions swept the world, global oil production continues to increase.

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