Oily Stuff
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Oily Humor & Short Stories  About a Very Long, Oily Life
Stuff To Think About
The U.S. Is the Largest Crude Oil Consumer On the Planet.
It Is the Biggest Oil Producer In the World.
It Is the 2nd Largest Exporter Of Crude Oil In the World,
2nd Only to the KSA.
Yet the U.S. Has Only 4% of the World Proven Oil Reserves.
Video Stuff
U.S. Gasoline; Dollars Per Gallon To 2024 (EIA)
Quote Stuff
"Exporting oil would not drive up prices at the pump. American drivers buy refined products, which the U.S. already exports. Many studies - from a range of institutions and government agencies, including the Congressional Budget Office and the Energy Information Administration - have shown that lifting the export ban could actually lower gas prices."
These are 2023 and 2024 well profiles and cummprods from Irion County in the far East flank of the Midland Basin.
When America gets thru draining itself of remaining, affordable shale oil from the Permian Basin's cores, for exports to foreign countries, this is what our country has left to look forward to, for ourselves. Higher well costs for 30-40% less C+C in EUR's.
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I do this blog stuff for fun, not to make money. I am not trying to sell you anything.
The materials provided on this site are for informational and educational purposes only and are not intended to provide tax, legal, or investment advice. I may make data related mistakes occasionally; if you use my opinions about oil reserves or shale well economics for financial purposes, to buy or sell stocks, your nuts. Don't do that. If I have used a photograph incorrectly it was for educational purposes and I have done my best of to give credit where credit is due. My stories are all true, slightly embellished, perhaps, but true; I don't change names to protect the guilty. I am as accurate as possible about history and historical facts; I work very hard at that.All rights are reserved, whatever that means. Don't blame me, I didn't do it.