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Opinion: Crushing the US energy export dream

Green Car Congress

Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting oil is dumber. The US imports almost half of the crude oil that we use. The chart below shows the EIA prediction that production will slowly fall and imports will rise (AEO 2014) after 2016. by Arthur E.

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Increase in US rig count will not cap oil prices

Green Car Congress

The impact of rising oil prices on North American light tight oil (LTO) production is said to be a “Catch 22”, the title of Joseph Heller’s popular 1961 novel set in WWII. Too many analysts continue to believe drilling and service has the same problem with rising oil prices. by David Yager for Oilprice.com.