Thursday , 28 March 2024

Tag Archives: oilfield decline rates

U.S. Is NOT Going to Become Energy Independent – Period! Here are 3 Reasons Why (+2K Views)

The United States is not going to become energy independent because of tight oil. Period. Reports to the contrary are an illusion of U.S. energy independence based on unrealistic assumptions and projections about the long-term potential of oil production from tight formations like the Bakken Shale in North Dakota and the Eagle Ford Shale in Texas. There are several compelling reasons for this [as outlined below]. Words: 575

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