For 80 Euros, you can purchase Maria van der Hoeven’s, Antoine Halff’s and the OECD’s opinions on horizontal drilling and fracturing technology.
For 80 Euros, you can purchase Maria van der Hoeven’s, Antoine Halff’s and the OECD’s opinions on horizontal drilling and fracturing technology.
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Ok you got me. Why would I want to do this? Rather than say read stuff by Harold Hamm. The folk you mention sound like they’re rather far from the action.
For 80 Euros, you can purchase Maria van der Hoeven’s, Antoine Halff’s and the OECD’s opinions on horizontal drilling and fracturing technology.
............
Ok now I see you’re point. These two give the international implications of fracking. But 80 Euros is more than I want to pay. Read enough articles & data and you’ll get the same picture that these two present. Why? Because they’re looking at the same info & data. I’ll bet you could give some pretty good answers to the questions posed below.
A webinar featuring IEA Executive Director Maria van der Hoeven and Director of Oil Industry and Markets Division Antoine Halff introduced the 2014 edition of Medium-Term Oil Market Report on 17 June. The new edition addresses in particular the non-conventional supply revolution that is transforming the North American oil patch. Widely recognised as a game changer for the oil markets and industry, Medium-Term Oil Market Report examines how this transformation is playing out against the backdrop of other relevant market developments, analysing such questions as:
How long can the US oil boom be expected to last, and what will it take for other countries to replicate this success story?
What is holding up OPEC supply growth, and what will OPEC production capacity look like by the end of the decade?
How will the market absorb growing condensate and natural gas liquids supplies in the United States and elsewhere?
Will the recovery in global oil demand gain momentum, or is “peak demand” around the corner?
Is oil losing its grip on transport fuels?
Is US progress towards oil independence a step forward or a step back for crude markets? What about Middle East downstream forays?
Who will be the winners and losers of global refining capacity growth, and how will it affect the way refined products are delivered to consumers?
As the supply revolution enters a new phase, oil’s role in the global energy mix is being redefined. More than ever, getting a handle on these developments is key to ensuring that energy security is maintained or enhanced, investment is appropriately targeted and resources are optimally leveraged. That makes the MTOMR’s insights into the oil market for the next five years essential reading for energy industry and market stakeholders, policy makers and all those interested in energy and the broader economy.
http://www.iea.org/publications/medium-termreports/
“We are continuing to see unprecedented production growth from North America, and the United States in particular,” IEA Executive Director Maria van der Hoeven said as she released the report in Paris. “At the same time, while OPEC remains a vital supplier to the market, it faces significant headwinds in expanding capacity.”
Ageing fields are plaguing almost every OPEC producer, while security concerns have deterred some investment and international oil companies. As much as three-fifths of OPEC’s expected growth in capacity by 2019 is set to come from Iraq, but the forecast was drafted last week before ISIS seized several key cities in northern and central Iraq.