ஸ்டீவ் டூன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from ஸ்டீவ் டூன். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In ஸ்டீவ் டூன் Today - Breaking & Trending Today
The US shale revolution has surrendered to reality nationofchange.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationofchange.org Daily Mail and Mail on Sunday newspapers.
Yves here. We picked up on the observation of the Financial Times’ John Dizard many years ago: that the shale industry would continue to engage in fundamentally unprofitable drilling as long as operators could borrow money, and that would continue for quite a while. The day of reckoning has finally arrived. By Justin Mikulka, a freelance investigative journalist with a degree in Civil and Environmental Engineering from Cornell University. Originally published at DeSmog Blog “Drill, baby, drill is gone forever.” That was the recent assessment of Saudi Prince Abdulaziz bin Salman of the American oil industry’s future potential. As Saudi Arabia’s energy minister, Prince Abdulaziz is one of the most influential voices in the global oil markets. Fortune termed it a “bold taunt,” and a warning to U.S. frackers to not increase oil production. ....