Shale gas, tight oil, oil sands – welcome to the new game

From: Alberta Oil

BY DARREN CAMPBELL

 

Dan Allan is bullish when asked about the impact unconventional oil and gas will have on the Canadian and North American supply picture. “I don’t see any indication that the train is going to stop,” says the chairman of the Canadian Society for Unconventional Resources (CSUR). “Unconventional will become conventional and it will be the dominant force for the foreseeable future.”

Lamborn oil-shale bill a political move, critics charge

From: The Gazette (Colorado Springs)

November 23, 2011 5:15 PM

THE GAZETTE

As part of the national Republican agenda to create jobs and stir the economy, Congressman Doug Lamborn introduced a bill on Nov. 14 to open up more Western land for oil shale development. But critics say oil shale is miles away from being useful as an energy source, and that the bill is a calculated political move.

Oil shale is a natural resource found in abundance throughout the West, equaling as much as 2 trillion barrels of oil, according to the Bureau of Land Management.

Argentine shale oil find its biggest yet (United Press International

From: United Press International

BUENOS AIRES, Nov. 8 (UPI) — Argentina’s latest oil discovery is the biggest yet in the Latin America and puts the country’s southern Patagonia region on the map as a potential new energy hub on the continent.

Recent economic growth, mostly fueled by commodities exports, has propelled increased activity in both business and industry and given consumers more spending power and hunger for electricity-intensive lifestyle. But falling oil production has been a recurring theme in government pronouncements on Argentina’s future energy strategies.