Shale Oil

This tag is associated with 4 posts

OPEC, Russia And The Emerging New World Order

By F. William Engdahl By the day it’s becoming clearer that what I have recently been saying in my writings is coming to be. The OPEC oil-producing states of the Middle East, including Iran, through the skillful mediation of Russia, are carefully laying the foundations for a truly new world order. The first step in testing … Continue reading

For First Time Since 2005, Russia Overtakes Saudi Arabia To Become China’s Top Crude Dealer

Russia has overtaken Saudi Arabia to now become China’s top crude dealer for the first time since October 2005 as the tussle for market share in the world’s second-largest oil consumer has intensified, Bloomberg reports. In May, China imported a record 3.92 million metric tons of crude oil from Russia, which accounts for 927,000 barrels per day or a … Continue reading

Collapse Of US Shale Oil Production Can Save Russian Economy – OpEd

Originally published on 18 December 2014  . The nearly forgotten word from the 1990s, “sequestration,” apparently returns to Russian lexicon. Reportedly, the Russian government has decided to cut government spending in the budget for the coming 2015. It was even said that public spending would be cut by a tenth, although reductions would not affect … Continue reading

Oil Prices And Energy Wars: The Empire Of Frack Versus Russia

By Mahdi Darius Nazemroaya Energy prices started to move downward in late-2014, when Saudi oil began to flood energy markets. Variations of two main schools about this emerged. One school explained things purely on the basis of business interests whereas the other school viewed the drop in oil prices geopolitically. Some analysts viewed the Saudi … Continue reading

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