Posts by David Biederman

US Oil Production is at 15-Year Highs, But Who Built That?

As President Obama has made a point of this election season, during his term US oil production has increased from what was considered a terminal decline just a few short years ago. (See my  previous article on the subject.) At the second presidential debate Mr. Obama stated: “We have increased oil production to the highest […]

Read More →

Energy in the 2012 Elections

With the 2012 federal elections looming, the two parties are vying for voters. In Colorado this week, President Obama was promising an extension of the George H.W. Bush Administration’s tax credit to corporations who participate in the generation of power from wind stating,  At a moment when home-grown energy, renewable energy, is creating new jobs […]

Read More →

U.S. Energy Companies: Forced to Show Their Cards

The United States is one of the rarest countries in the world where not only do private individuals own and profit from mineral rights, but the companies that produce and extract these minerals are privately owned and publicly traded. Throughout most of the world, the minerals beneath the earth’s surface are the property of the […]

Read More →

Shale Revolution: In the News

Even with natural gas prices near ten-year lows, the Eagle Ford shale shows no sign of slowing oil production. It produced 27.1 million barrels for the first four months of this year, Texas Railroad Commission figures show, while Eagle Ford oil production for all of 2011 totaled 36.6 million barrels. “So we’re already 75 per- […]

Read More →

Gas producer turns off the taps in response to moratorium

After years of fighting with local governments for permission to expand gas production, this producer has shut in its wells. “Lenape said it leases drilling rights on about 5,050 acres in the town, pays the owners $13,000 a year in gas royalties and provides them $65,000 a year in free gas.” With the wells shut in the town […]

Read More →

The Frac’ing Truth

Land and business owners in Broome County, New York filed a lawsuit to lift a two-year ban on oil and gas drilling. They would like to benefit from the creation of jobs and prosperity. So would the members of two landowners’ coalitions representing over 1300 families who own a combined 31,000 acres. Lifting the ban […]

Read More →

North Dakota’s Economic Stimulus

In North Dakota, a state with a 3% unemployment rate, the labor shortage is so great that businesses are now employing international students who have obtained four-month work visas. While many states with two or three times North Dakota’s unemployment rates are eagerly looking for government bail-outs and government-funded “stimulus” packages, North Dakota has embraced […]

Read More →

Test: Does Hydraulic Fracturing Contaminate Water Aquifers?

Below are three graphs showing the distance between aquifers and induced hydraulic fractures. Two are scientifically derived field images from thousands of hydraulic fracture stimulations. One is a fictitious piece of propaganda put out by a media opportunist. Can you tell which is which?

Read More →

Obama is Restricting the Flow of Natural Gas

The shale gas revolution has delivered Americans inexpensive energy. As the chart below shows, the Henry Hub spot price for U.S. natural gas is many multiples lower than what Europe and Japan pay for this vital energy. ycharts.com

Read More →

Will we have the political will to leave North Dakota free?

North Dakota’s growing prosperity continues to be on full display for the world this month. As we wrote previously, the state’s freedom to drill for oil has made it the 2nd largest producer of oil in the U.S.  Recently, a North Dakota oil official publicly predicted that the state could come close to doubling current oil production to […]

Read More →

Page 3 of 41234