The Fuse

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Problems for the Bakken Begin to Mount

The Dakota Access pipeline shutdown could remove 570,000 barrels per day of takeaway capacity from the Bakken shale formation.

topics: bakken, Coronavirus, Dakota access, Low Oil Prices, oil, Oil Demand, Oil Dependence, Oil Prices, Oil Production, Oil Supply, Shale, Shale Oil, Shale Oil Production

Iran’s New Port Project: Moving Past the Persian Gulf

Iran has announced a new oil pipeline project that would allow it to bypass the Strait of Hormuz

topics: Biden, Iran, oil, Oil Production, Persian Gulf, Strait of Hormuz, Trump

Shale May Not Recover From Pandemic

With global demand perhaps permanently scarred from the pandemic, the U.S. oil industry may have already peaked.

topics: Coronavirus, COVID-19, Low Oil Prices, oil, Oil Demand, Oil Prices, Oil Production, Oil Supply, Shale, Shale Oil, Shale Oil Production

U.S. Energy Sector Sheds Jobs As Production Falls

While almost every other industry increased employment, the number of people working in the U.S. oil and gas sector continued to fall.

topics: Energy Security, Low Oil Prices, Oil Demand, Oil Prices, Oil Production, Oil Supply, Shale, Shale Oil