The big story today is obviously Chevron’s announcement that it plans to buy Houston-based Noble Energy in a stock exchange valued at just $5 billion.
This past April, just ahead of futures contract expirations, the price of West Texas Intermediate (WTI) crude oil did something it’s never done—it went negative, all the way down to minus $37.63 per barrel. In short, U.S. exploration and production companies overwhelmed storage facilities, which essentially reached capacity. At the...
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Since its inception, technology has driven the development and transformation of the oil and gas industry. Technologies to locate and extract oil and gas reserves enabled the shale revolution, and a new revolution is around the corner for oil and gas exploration and production companies. While it might sound...
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Believe it or not, recessions in the developed world are rarely caused by shortages. By definition then, it follows that relative overproduction is the key culprit. Perhaps ironically, this problem is not limited to capitalist economies. Industrial economies of many forms have tended to overproduce — whether they be capitalist,...
Biting the Hand that Feeds You: Virtue Signaling Against Oil and Gas
The North Face is inviting scorn and maybe a little coal into their petroleum-based stockings this Christmas. Why does a performance nylon apparel brand want to cut off their nose to spite their face? The North Face, a high-end outdoor brand, made the latest move in the never-ending quest to...
SHALE Website Featured Nov Dec 2018 Tunstall
This fall finds me teaching Honors College freshmen in an introductory course under the rubric of Energy. Other sections address themes such as Sustainability, Media and even Happiness. The Honors Tutorial I is a required course for all Honors College matriculates. Instructors work with aspiring scholars on how to read,...
How Will Retirement Change Now That Women Are Taking Charge? Four Key Ideas That Will Transform Retirement For Everyone
In the 1960s and 70s, working girls came out in force. They began careers in greater numbers than ever before, breaking through stereotypes and barriers to become an essential part of the economy. They changed how workers looked, thought and acted.  We were two of them. Now, we are all...
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Let’s face it — housing, especially in areas like the Permian Basin, is hard to come by. Companies in energy, construction and similar industries with the need for short-term housing can find it difficult to locate housing options that are both convenient and affordable.
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As a young girl, I never realized my career path would lead to volunteer management in a hospital — but I’m so glad that it did. Volunteerism has been a common thread that has linked my past to my present. From a young age, I learned the importance of...
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When entering the global market, some American companies lose an immeasurable edge by overlooking cultural nuances that can halt negotiations or deteriorate international business relationships. Of all the aspects companies take into account when building or merging with an international company, they may overlook an area of critical importance...
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Several years ago in the midst of a family crisis, dear friends of ours counseled us to try to stay focused on praying for “best possible outcome” and reminded us that something good always comes from every terrible situation. When one is in the depths of despair, with so...