Tested in Duvernay #shale, Weir's new frac pump excels. http://ow.ly/DAWs30keFpx

Port of Brownsville set to build Permian #shale export facility. http://ow.ly/78NA30kenb1

#China's #shale industry isn't getting up to speed as quickly as they estimated, which means they'll continue to rely on #UnitedStates imports.

http://bit.ly/2H1BJmU

The crazy price moves are unlikely to derail the years-long recovery for the American #oil industry from the 2014-16 crash, which wiped out hundreds of thousands of jobs and sparked dozens of bankruptcies. Enormous improvements in #shale drilling technology have made #oilcompanies more resilient than the last time they faced major volatility. US oil production is soaring and on track to shatter all-time records.

The boom-to-bust oil industry is working hard not to repeat mistakes of the recent past. Companies have slashed costs, cleaned up their balance sheets and adopted a more disciplined approach aimed at avoiding expensive projects that can lead to financial trouble. Shale oil companies have become vastly more efficient thanks to impressive technology gains that have boosted productivity. Big improvements in drilling techniques have allowed frackers to drill more - at lower costs.


#Commodities #CommodityMarket #CommodityPrices #OilFutures #CrudeOil #CommoditiesTrading #OilIndustry #OilandGas #OilProduction #OilPrices #OilTrading #OilMarket #WTI
Why American oil can keep booming despite crazy swings
http://money.cnn.com/2018/05/29/investing/oil-prices-analysis-opec-shale/index.html

[FEATURED - MARKET WATCH]

“Many of these shale companies are spending more than they are making, or close to it,” said Matt Badiali, senior research analyst at Banyan Hill.

https://www.marketwatch.com/story/why-surging-oil-prices-dont-always-mean-big-profits-for-us-shale-producers-2018-05-17

#Oil #CrudeOil #Shale #Economy #Trading #Investing #Stocks #StockMarket #RealWealthStrategist #BanyanHill

The fix to America’s energy dilemma is simple: Build more...

https://banyanhill.com/energy-dilemma-profit/

#Oil #Energy #Shale #NASDAQ #SP500 #Assets #Retirement #Commodity #Money #Investing #Commodities #Resources #Opportunity #Economy #Trading #Stocks #StockMarket #CMT #BanyanHill

The powers that be in #SaudiArabia are using new #technology and a little diplomacy to recreate the #shale boom seen in the #UnitedStates.

http://bit.ly/2L3Kxee

U.S. #shale producers have increased investment in production but are facing their own profit challenges. #Permian Basin #oil is selling at the steepest discount to benchmark U.S. prices in 3½ years, after production there surged to a record of around 3.2 million barrels a day.

In just over a year oil has seemingly gone from dead end, over supplied commodity (akin to corn), to supply squeezed, one-way hedge fund trade.

Undoubtedly the backdrop has been very constructive, Grizzle's Chris Wood highlighted the opportunity in mid-March when Brent crude was hovering at $66/barrel — we're currently sitting at $77/barrel.

#CaliforniaResources #Cenovus #CRC #CVE #Oil #OilPrices #OPEC #Russia #Shale

The reason is simple: They don’t earn the full oil price.

https://banyanhill.com/high-oil-prices/

#Oil #Shale #CrudeOil #Natural #Resources #SP500 #NASDAQ #NYSE #Economy #Trading #Investing #Stocks #StockMarket #RealWealthStrategist #BanyanHill