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Sensational claims have been made for unconventional US oil production. The underlying reality is concerned with financial metrics, energy inputs and impacts upon water resources. Most unconventional oil plays suffer from early depletion. To be sustained on a medium-term basis, the industry will need to identify alternative sources of oil production and incur significant capital expenditure. In the absence of such investment it is questionable whether unconventional oil output can be sustained over the longer term in order to meaningfully afford the US "energy independence".

Produktbeschreibung
Sensational claims have been made for unconventional US oil production. The underlying reality is concerned with financial metrics, energy inputs and impacts upon water resources. Most unconventional oil plays suffer from early depletion. To be sustained on a medium-term basis, the industry will need to identify alternative sources of oil production and incur significant capital expenditure. In the absence of such investment it is questionable whether unconventional oil output can be sustained over the longer term in order to meaningfully afford the US "energy independence".
Autorenporträt
George Ashcroft tem mais de 16 anos de experiência em geologia, planeamento e utilidades. Possui um Msc em Gestão de Petróleo e Gás e o Certificado de Fundações de Investimento do CFA. Investigador qualificado, George tem um olho forense para os detalhes. Tem consideráveis competências financeiras e trabalha como consultor de projectos de recursos em Londres.