Oct 17, 2014

Oil market is proving mightier than OPEC


The only sensible oil-pricing strategy for Saudi Arabia and OPEC — in light of U.S. shale output — is to focus on market share and allow prices to decline to the point at which they slow the growth in non-OPEC output and lessen the ...

Jul 18, 2014

The real shale revolution


It was the mastery of horizontal drilling around 1990 — originally for oil rather than gas exploration — that lit the long fuse for the so-called shale revolution that erupted 15 years later.

Jun 3, 2013

Shale oil revolution touches Japan

The U.S. decision to permit liquefied natural gas exports to countries with which it has not concluded free trade agreements could have a huge impact on Japan.