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Just about everyone has heard something about the revolution in shale oil. Hydraulic fracturing (fracking) of rock formations unique to the United States offers the promise of cheap and abundant energy, terrific economic growth and jobs lots of jobs. But in 2014, something went terribly wrong with this rosy scenario of Saudi America: An unexpected collapse in the price of oil thats bankrupting the oil patch, destroying jobs and threatening any plans of a renewable energy future. What happened Why has this miracle revolution generated so many losers and so few winners Why isnt the United States any closer to energy independence than it was before oil from shale was even imagined What can be done to put the markets and the industry right so that shale can deliver on even some of whats been promised Dan Dicker had more than 20 years experience on the floor of the New York Mercantile Exchange, where he traded crude oil, natural gas, unleaded gasoline, and heating oil futures contracts for his own accounts. His previous book, Oils Endless Bid: Taming the Unreliable Price of Oil to Secure Our Economy, was published by John Wiley Sons in 2011 and was named one of that years Best Business Books by both Bloomberg BusinessWeek and Library Journal.Dan is currently President and partner of MercBloc LLC, a wealth management firm, as well as a senior contributor at Jim Cramers TheStreet.com, where he writes on energy markets and investing in the energy space. He has lent his expertise as an oil markets analyst in hundreds of live radio and television broadcasts on CNBC, Bloomberg, MSNBC, CNN, NBC Nightly News, CNN and Yahoo Finance among others. Dan lives with his wife and family in New York. Tech Miracle In US Shale Is A Media Myth OilPricecom I am tired of hearing about the unbelievable impact of technology on collapsing US shale production costs The truth is that these claims are unbelievable The Top news stories from Canada and around the world MSN Canadas trusted source for breaking news daily local national and global politics events and more from the world's top media outlets Archives - Phillycom Archives and past articles from the Philadelphia Inquirer Philadelphia Daily News and Phillycom Energy Investing with Energy and Capital Energy Stocks Autonomous Cars: We're Doing It All Wrong Energy and Capital editor Megan Dailey explains the mistake companies are making in building their autonomous cars and the Technology and Science News - ABC News Get the latest science news and technology news read tech reviews and more at ABC News Trump's Oil Price Dilemma Zero Hedge Trump may help slow down the increase in the acceleration of oil company bankruptcies if he can get the price back over $80 Most shale oil requires $100+ Articles - Ineos INEOS appeals to jeremy corbyn as labour leader pledges to ban fracking FRACKING for shale gas in Britain will be banned if the Labour Party wins the next UK General Peak oil - Wikipedia Peak oil an event based on M King Hubbert's theory is the point in time when the maximum rate of extraction of petroleum is reached after which it is expected to Startups News - The Business Journals User Agreement Privacy Policy Your California Privacy Rights Ad Choices 2017 American City Business Journals All rights reserved International News Latest World News Videos & Photos Get the latest international news and world events from Asia Europe the Middle East and more See world news photos and videos at ABCNewscom
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