shale oil

Alphinity Investment Management

My trip to the US in November was to better understand the economics of the various shale oil basins and the strategies being pursued by oil producers, to assess whether the oil price recovery assumed by the market is realistic or overly optimistic. I was of the view that the... Show More

Intelligent Investor

Ask David Einhorn and he’ll tell you many shale producers aren’t making any money even at prices north of $100. Not if you accurately measure the costs. Our analysis of a few ASX-listed players drew a similar conclusion. There has been lots of capital spent, lots of ‘independent’ experts’ reports... Show More

Livewire News

Glencore chairman and CEO Tony Hayward is particularly bullish on long-term oil. Hayward predicts that cuts to oil companies capital spending are “laying the seeds for the next oil price bull market” and “the supply chain in the U.S. is being decimated.” U.S. shale oil production, the source of the... Show More

Intelligent Investor

Lower oil prices are no reason to panic. Shale oil production from the US is challenging the status quo. Like iron ore, plenty of supply has been added. Unlike iron ore, almost all of it is high cost production that is now under stress. The best solution to low prices is... Show More