If you look at the world oil market is global, we can safely say that the US is the only country in the world that has been active in shale resources.Other countries have long abandoned this idea, because they consider it unprofitable and financially costly.Active US production began only in 2014 in the middle of summer.Earlier attempts to develop fuel deposits in Poland and Hungary, but they all ended in failure.Great prospects were assigned to Ukraine, but it is only in the project for 2018.
Shale projects in the US
shale oil in the United States intensified in 2014.To date, the American projects cover about 10% of world production of fuel.Back in 2005 on the territory of States to develop about 7.5 million barrels of oil, and in 2014 this indicator reached a value of 9 million barrels per day.Against the background of 90 million barrels, which is produced with all countries, the value is very significant.It is this ratio and a lever, which prompted a sharp reduction in price of "black gold".
What is the price of fuel in the oil market provides a return on the development of energy resources to the US?
cost of oil production in the United States differs significantly by region.At the cost of developing the source affects the depth of the fuel and the availability of fresh water.By early 2005, the average company specializing in the production of shale fuel, were able to reach the level without damages for the cost of the latter on the market in the $ 75 per barrel.A year ago, to oil production in the United States makes a profit on the international market, it should not fall below 57 dollars.There are regions, such as North Dokota where extraction is cost-effective fuel at a price of $ 42 and below.Extraction of shale oil in the US District Mackenzie costs only $ 24.If you keep all the figures together, it becomes obvious that the oil segment of America is able to withstand and not as drawdowns on the international market.No matter how the situation developed, the developers have their own oil 10% of the value of each barrel.Confidence makes the fact that the cost of "black gold" does not include taxes and excise duties, which in other countries form about 60% of the base price.Why so?Quite simply, the United States taxes in the energy sector are not charged.
What accompanies the "shale revolution"?
shale revolution in America has good prospects.This is due primarily to the fact that oil production in the US has been getting cheaper.The attendant not only the development of new deposits, but also the introduction of the process of developing new fuel technology.According to preliminary calculations, in the near future flow of funds for maintenance of a single well could be reduced by about 40%.The growing dynamics of oil production in the United States due to the specifics of the legislation.Companies operating in this area, not taxed, because until recently, the industry was not considered promising.The market is dominated by small companies, which aim to increase their income and to find methods of rationalization of production.They are investing in their own development direction.
Projections for the future
Oil production in the US in 2015-2016, according to analysts, will only increase.Even the fall in prices on the world market on the order of 60% did not affect the situation and prospects.Energy short-term forecast of one of the biggest agencies in the country's Short-Term Energy Outlook is optimistic.He speaks of the intention of the state to break its own records.The maximum volume of oil production in the United States were recorded in 1970 at the level of 9.6 million barrels per day.EIA confidently declares that it is worth waiting for increase fuel production by 600 thousand tons by the middle of 2015 and the beginning of 2016 - by 200 thousand barrels per day.
to count oil tycoons?
Despite the fact that oil production in the United States is an active way, views on the future prospects of the divided among the owners of the oil companies.Some of the company temporarily stopped the development of new deposits and suspended the study, others are optimistic and confident about the future, relying on the recovery of the cost of fuel on the market to a value of less than $ 100.
draws a bright future that America is going to get out of the global oil dependence.In 2005, the country depended on suppliers of oil by 60%, then by 2011 this figure dropped to 42%.The trend has not changed, and today, and vice versa - has intensified.Producers can count on the demand for oil in the state.Even if it will not be possible to realize the fuel in the international market, it will go under the hammer on the domestic market.
What analysts say?
According to analysts, in 2015 the price of Brent crude oil will stop within 58 dollars per barrel.The forecast for 2016 is even more optimistic.When the cost of oil production in the US fell by a third, its market price reached 75 dollars.The energy carrier of WTI will cost, respectively, $ 55, and 72. The oil market experts agree that the cost of "black gold" to this point in time greatly underestimated.In the next few years the price will not reach the target of $ 100.Such a scenario might be considered suspended in the decade.Growing oil production in the US will not be able to block demand.The number of technologies that require fuel systematically increased.Temporary reduction in prices due to stagnation in the development of the economies of most countries.As soon as the situation normalizes, it will not only be achieved but also probably breached the $ 100 limit.
US oil market
US feels confident on the world market, and even attempts by OPEC to oust competitors from the niche crowned failure.With the decline in demand, which was previously formed in much of America, the supply increases.As a result, the price of fuel is falling.The situation can be called attempts to knock out weak players trade.It is worth noting not only the growth of oil production in the United States, but also geopolitical position.On the territory of more favorable conditions for free and doing business in the energy sector.In small player, and the majority of them, a free hand.It is the loyalty of the government allows the state to stand confidently on your feet even in such difficult times.US influence on the situation is growing more and thanks to systematically increase the stocks of "black gold."
Against the background of the world marked a significant breakthrough, oil production in the United States.Price chart visually shows that the state is completely redesigned the oil international market.For the first time in many years at the OPEC countries and Russia will have a worthy competitor.If earlier the State acted in its own interests and make decisions taking into account only its benefits now have to completely revise the policy.Only in this way can be to balance and stabilize the oil segment.
Sure rear
America is not just burst on the oil market, it is steadily increasing its rear.For example, commercial oil reserves correspond to the volume of net imports to the territory of over 164 days.In December 2013 this figure was 171 the day, and in 2007 before the crisis - 80 days.Imports of Canada and Mexico in the value is not included.Consequently indicator and increases to values of 279 days.And if you take into account not only commercial but also strategic reserves, the figure will be automatically equal 450 days.This is a luxurious protective buffer that will keep the country's economy, even with supply disruptions.And he could trigger a fall in oil prices on the world market is much lower than the actual figure of $ 47 in the next few months.Slow fall forecast in the middle of spring 2015.
