How much does a shale gas well cost? ‘It depends’
Fast-forward a decade and superimpose shale gas ... cost gives you a marginal cost. Medlock also cleared the air with regard to the interplay between rig count and production volumes. Many analysts and industry observers pay close attention to natural gas ...
How to price a barrel of water in the oil sands
We all know the value of a barrel of oil, but how do ... Much like the larger debate over the oil sands’ greenhouse emissions, views on the right oil and water mix are polarized: for some, any water used to produce oil comes at an unacceptable cost ...
Why Crude Oil Prices Continue to Rise
Crude oil prices rose for the third straight day yesterday (Thursday) - with more of the same to come. West Texas Intermediate (WTI) crude for June delivery rose to $111.50 a barrel ... cost of refining, having the source closer to home does not translate ...
Why Does Gas Cost So Much?
"Why does my gas cost so much?" It's a valid question ... These are the four main components that determine the gas prices you and I pay: Crude Oil + Refining Process + Retail Sales/Distribution + Taxes = Gas Price These components, however, don't ...
Why gas costs so much, and some other things you may not have known about petroleum
Heat and pressure from the Earth's crust (so the story goes) transformed some of the material into kerogen, a waxy substance found in oil shale, and turned other deposits into liquid and gas hydrocarbons ... How much does it cost to refine crude oil?