IN BAKKEN (ND) IT IS NOW MOSTLY ABOUT MCKENZIE COUNTY

In this post I present an update to my previous posts over at The Oil Drum (The Red Queen series) on developments in tight oil production from the Bakken formation in North Dakota with some additional estimates, mainly presented in charts. The expansion is much about the differences between wells capable of producing, actual producingContinue reading “IN BAKKEN (ND) IT IS NOW MOSTLY ABOUT MCKENZIE COUNTY”

A CLOSER LOOK INTO THE DRIVERS OF THE NORWEGIAN ECONOMY’s RECENT GROWTH SUCCESS

In this post I present some hard data from the Norwegian economy, which in the recent decades show high correlations between total debt growth and the oil price. Presently the total debt growth from some sectors runs at an annual rate above 8% of GDP. I also present my thoughts and observations about historical developmentsContinue reading “A CLOSER LOOK INTO THE DRIVERS OF THE NORWEGIAN ECONOMY’s RECENT GROWTH SUCCESS”