All Posts Tagged With: "shale oil"
Domestic shale oil production could shoot up to 5 million barrels per day by 2017, making the United States the top oil producing country in the world, according to a researcher at Harvard Kennedy School. Nationwide, production of all oil could increase from 11.3 million to 16 million barrels per day by 2017.17Jul2013 | admin | 1 comment | Continued
President Obama’s Treasury Secretary Timothy Geithner recently offered an interesting assessment of the state of the U.S. economy – one worth remembering as we debate the future of energy policy in Colorado. “The economy now is actually looking quite resilient,” Geithner told NBC News, before adding that two of the biggest reasons are domestic oil and gas production and domestic manufacturing6Dec2012 | admin | 0 comments | Continued
“Around 2017, the U.S. will be the largest oil producer of the world, overtaking Saudi Arabia,” IEA Chief Economist Fatih Birol said in London on Monday. Shale oil plays like the Niobrara, Bakken and Eagle Ford are driving the production boom — and that means more jobs and economic prosperity.13Nov2012 | admin | 0 comments | Continued
On average, energy professionals reported a three percent increase in average compensation to $99,175 in 2011 from $96,588 the previous year. Those working on a rotational schedule earned more than $112,000 last year, a six percent increase from 2010.18Apr2012 | admin | 2 comments | Continued