All real economists would agree in contextual speech that demand and supply in oil are out of balance today with the expected result being that both price and supply will be changing as real world circumstances permit until ” balance” is restored. This balance is in fact a moving target and...
Typically when considering RRC data from the Production Data Query (PDQ) System one has to go back 18 months to find data that is within 1% of actual output. In the chart above the upper and lower bound are each 1 standard deviation (sigma) above and below the “CORRECTED” estimate, th...
has not had pending permit activity during the coverage period. If you are not familiar with the counties where oil and gas development is occurring, please consult the Railroad Commission's free Drilling Permit Application Query (http://webapps.rrc.state.tx.us/DP/initializePublicQueryAction.do)...
The state of Texas is an agreement state with the Nuclear Regulatory Commission (NRC), meaning that the NRC relinquishes regulatory authority to the state to license and permit facilities that handle radioactive material [76,77]. When facilities are decommissioned, the state works with the licensee...