AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (2 comments)

  1. North Dakota Tight Oil (Bakken)
    The average tight oil well, over its lifetime, produces roughly 150 barrels of oil per day.
    The average tight oil well will only produce 550,000 barrels of oil in its lifetime.
    The lifetime oil production from a single tight oil well can keep the world running for: 9 minutes.
    The lifetime oil production from a single tight oil well can keep the US running for: 40 minutes.

  2. Pretty graph, reminds me of the “wedge of hope”. What is the EROEI on tight oil? Everyone is looking at the total supply and no one is talking about how much energy it takes to process this low quality energy into something we can use.

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