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US shale industry will survive new era of lower oil prices

It's no secret that global oil prices have fallen dramatically from $115 last June to settle around $50 this month, a downward trajectory spurred on by oil cartel OPEC's November decision to maintain its own output. But is this the beginning of the end of the U.S....

source: By Lucy Wallwork
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The new year has seen crude oil prices continue to stumble and U.S. oil production continue to soar, and those trends are not likely to subside — at least in the short term. Total U.S. crude oil production reached 9.1 million barrels per day during the week ending...

source: Pittsburgh Post-Gazette

Union and oil company negotiators began talks for a new nationwide contract covering hourly workers at 63 U.S. refineries that account for 64 percent of national refining capacity, according to a union spokeswoman. The current three-year agreement between the United Steelworkers...

source: Reuters

Oil magnate Harold Hamm is selling one of his companies for $3 billion, but that kind of money still...

source: CNNMoney

The Organization of the Petroleum Exporting Countries isn't the only victim of the growth in U.S. shale oil. A surge of light oil from North Dakota and Texas is cutting into the earnings of Canadians who turn heavy oil sands into a lighter crude that fetches more from refiners.

source: Bloomberg

The U.S. Energy Information Administration predicts that natural gas will dethrone coal by 2035, and a number of market forces are at work that may assure that ascension. Coal through the first three quarters of 2014 provided roughly 51 percent of the nation's electricity,...

source: Wyoming Business Report

Many think of leadership and power as a peanut butter and chocolate combination. They just go together. There is power in being a leader yet too often leaders put the objective of power above doing the right thing and engaging people in a respectful, thoughtful way. Self-interest...

source: Switch & Shift


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