Back to Search Start Over

GONE WITH THE BOOM.

Authors :
Loder, Asjylyn
Foxman, Simone
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