Category Archives: Energy markets

The Fracking Industry Is Cannibalizing Its Own Production, Increasing Spill Risks

Fracking companies are drilling too many wells in close proximity to one another, and when they frack the newer wells — known as child wells — those “bash” or “hit” the older wells, cannibalizing production and sometimes damaging the older well. The industry knows not how to solve this problem.

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Iran Threatens To Close the Strait of Hormuz

Yves here.  A map of the Strait of Hormuz and environs seemed a useful addition. The danger, as the article insinuates, is that if things got that far, a conflict over the Strait of Hormuz would escalate into a full-scale conflagration. By Dr. Cyril Widdershoven, a long-time observer of the global energy market. Presently, he […]

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As Industry Pushes Billion-Dollar Fracked Petrochemical Projects, State Regulators Struggle To Keep Up

Fueled by fracking in the region, petrochemical and plastics projects in the Ohio River Valley are attracting tens of billions of dollars in investment, overwhelming state regulators who are unprepared and ill-equipped to oversee this next wave of industrialization.

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