Nevertheless, Improbable rocketed claims for US potential oil and gas, now that the industry has de

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This week, the US Congress convened hearings on the possible withdrawal of the ban on oil exports from the United States, which was introduced in 1970 to promote national self-sufficiency in energy, and invited a number of "experts" with dubious ties the oil and gas, to convince them that this is a good idea. After the annexation of Crimea by Russia, the US politicians want to hit in the heart of greater geopolitical heritage of Russian President Vladimir Putin. countries in india If the US had supplied Europe countries in india with a large amount of fuel, it will actually reduce the continent's dependence on Russia, Putin deprived of much needed financial inputs. Members from both sides also use these hearings to urge the Obama administration to step up its exports of natural gas, as a protection against the threat of cuts of Russian gas to Ukraine and other countries.
Of course, our country produces too many fuels and volumes have increased in recent years. countries in india But the United States continues to be a net importer of oil and natural gas.
I repeat and emphasize: the United States continues to be net importers of oil and gas. In 2013, the United States produced about 7.5 million. Barrels of crude oil a day, but also introduced the same amount.
Even if the rate of domestic production continues to grow, it is likely to add about 1.5 million. Barrels per day before countries in india starting countries in india to decline. The potential rate reduction is a relatively controversial issue: the Energy Information Administration provides countries in india a long "plateau", followed by a slow decrease, while our analysis published by the Post Carbon Institute shows a more rapid decline.
The curve of the gas production in the US has stabilized countries in india and in our opinion, is likely to start to decline in the coming years, countries in india just when going into operation the new terminal for the export of liquefied natural gas (LNG).
Nevertheless, Improbable rocketed claims for US potential oil and gas, now that the industry has developed techniques fracking and those of horizontal drilling in shale formations in Texas, North Dakota, in Pennsylvania countries in india and elsewhere.
A much more accurate estimate countries in india of reductions in this area comes from the preview of publication countries in india Oil & Gas Journal, which talks about reducing the estimated reserves of nearly 35 million. Dollars for the 15 largest companies countries in india in the shale gas.
The Journal writes that: "Recent analyzes of Energy Aspects, a consulting company for raw materials, showing six years of progressive deterioration of economic performance of 35 independent companies that specialize in gas and oil shale in the United States." This deterioration of economic performance occurs despite an increase in production and the transition from the 2010 drilling of natural gas drilling stations have greater added value (crude oil and liquefied natural gas). The Oil & Gas Journal reports the analysis of Ivan Sandrea, an official of OIES foreground and partner of Ernst & Young in London, which means the following: "If the economic performance does not improve, the capital markets will stop supporting the exact drilling however, required to maintain countries in india the production of non-conventional energy sources. " The Sandrea provides that 'some industry stakeholders will have to restructure and focus mainly on the fields countries in india where the most attractive resources, which represent 40% of current estimates. "
So what could we draw? In fact, whoever talks about exports of oil and gas are not the result of overcapacity or geopolitical calculation, but only the result of the old classical search profits.
The US oil industry is now immersed in the problem of quality of oil produced countries in india in the country (light crude from the fields of Bakken and Eagle Ford) that does not match the quality that Bo