Blackrock: US Shale Boom: A Case of (Temporary) Indigestion at Scribd.
Eagle Ford crude pricing: RBN Energy. Natural gas liquids hit dry patch as prices sink at Fuel Fix.
Emerging market demand is higher; developed world demand shrinks. “US oil demand in June declined by 3% from a year earlier, according to the latest monthly statistical report from the American Petroleum Institute. During this year’s first 6 months, demand fell by 2.6%.” Oil and Gas Journal
The last nine months has seen a steady rig count, with the gas rig count dropping while the oil rig count has risen. Oil and Gas Journal
“If you thought 2008 was a heyday for deepwater drilling, you ain’t seen nothin’ yet.” Platts
Slowly but surely the anti-fracking fear mongering zealots are being put to bed by reputable mainstream publications. Newsday Russia’s Gazprom continues to talk their interests regarding the shale gas boom at Platts.