Oily Stuff

Shale oil and shale gas CEO compensations

are an abomination.  They have nothing to

do with honor, or respect for shareholders, or performance. Check it out on Chart Stuff.

Richard Masson, an executive fellow and energy expert at the University of Calgary’s School of Public Policy, told The Canadian Press earlier this week that killing Keystone XL could force U.S. Gulf Coast refineries to import more oil from countries like Saudi Arabia and Iraq, instead of from Canada.

See more on this on the Forum! 

Video Stuff

Here's a little covey of Eagle Ford shale oil

wells in S. Texas I had interest in that cost a cool 

$38MM or so and won't recover enough in their 

sorted lives to pay back 60% of those costs. That means they're above average.  

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Header Photograph by Robert Flaherty