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GONE WITH THE BOOM.
- Source :
- Bloomberg Businessweek; 3/14/2016, Issue 4467, p10-11, 2p
- Publication Year :
- 2016
-
Abstract
- The article focuses on the shale oil industry in Oklahoma and the impact that low oil prices is having on the state economy. It states hydraulic fracturing was used to unlock oil in the Mississippi Lime in Oklahoma, the Eagle Ford in Texas and the Bakken Shale in North Dakota, and from 2012-2015 high oil prices encouraged investment in oil shale companies despite the expense of extracting shale oil. It reports the impact an oil glut had on prices and the detrimental impact to Oklahoma's economy.
Details
- Language :
- English
- ISSN :
- 00077135
- Issue :
- 4467
- Database :
- Complementary Index
- Journal :
- Bloomberg Businessweek
- Publication Type :
- Periodical
- Accession number :
- 113631064