Wednesday, April 27, 2016
Saturday, April 2, 2016
Fracking the Eagle Ford Shale: Birdseye View
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| This a a photo taken by NASA's Landsat 5 satellite in 2000. The town of Cotulla had a population of 4,000. The area was about to become a ghost town. The shale boom came to town. |
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Cotulla picture taken by NASA's Landsat 8 satellite in 2015. The population doubled to more than 10,000. The Texas Observer reported that property taxes rose from $50 million in 2008 to $200 million in 2014. gas producing wells rose from 67 in 2009 to more than 2,500 in 2013. The related oil and gas infrastructure is clearly visible.
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Friday, April 1, 2016
XOM Stockchart
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| Take a look at ExxonMobil stock. It looks like the first stop is about $80/share, then back down to the 200 day ma. |
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