OPEC Says American Shale Boom Over by End of 2015
It seems that our enemies–countries that belong to OPEC (Organization of the Petroleum Exporting Countries) are gloating they believe their strategy of allowing the price of oil to collapse is “working” and that they are driving shale drillers in the U.S. out of business. OPEC is predicting the shale boom will be “over by the end of 2015,” after previously predicting the same thing by the end of 2018. Excuse us while we pick ourselves up off the floor after laughing so hard! Will these people never stop underestimating American ingenuity and resilience? Will they always misunderstand and pooh-pooh American exceptionalism–that we are the exception to the rule, virtually the only country in history where liberty and acknowledgment of God-given rights for individuals allows those individuals freedom to pursue their dreams, creating a country free of government tyranny and unleashing creativity and passion so intense it results in achievements in this country that surpass those of all other countries combined? Fortunately for us, it seems the members of OPEC are obtuse and fail to grasp the true nature of the shale boom–how it got started, and why it will continue long after we’re all dead and gone…
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Something we consider pretty big news: Chesapeake Energy is running an experiment with waterless fracking. They’ve contracted with Canadian waterless fracking company GASFRAC to attempt what is the second (that we’re aware of) waterless frack job on a Utica Shale well–in Tuscarawas County, OH. The first waterless frack job done by GASFRAC was for EV Energy Partners on a Utica well also in Tuscarawas County (see
There is an effort underway–a serious effort–for towns along the border in some upstate New York counties to secede from New York State and join Pennsylvania. Why? Because of New York’s ban on hydraulic fracturing. And no, this is not an early April Fool’s joke. MDN first started hearing of secession talk shortly after Gov. Cuomo’s disgraceful cabinet meeting in which he let bootlickers Howard Zucker (State Health Commissioner) and Joe Martens (DEC Commissioner) take the fall for a ban on fracking–a ban Cuomo himself wanted. We saw some signs and heard a few mentions of secession and chalked it up to understandably high emotions over Cuomo stealing away their future. But it seems it’s not just so much hot air. A group called the Upstate New York Towns Association has done some polling and found 15 towns along the border area of NY are ready to make the leap. There are, however, some major hurdles in the way…