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DUG Eagle Ford 2012: The ‘Tight Oil Revolution’

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Michelle Thompson, Hart Energy
October 23, 2012

The refining world is going through a market reversal thanks to a “tight oil revolution” that is creating positive trends in the industry, an industry analyst says. Speaking at Hart Energy’s DUG Eagle Ford conference in San Antonio, Odette Eng, WorleyParson’s vice president of global refining, said the industry has a lot to be happy about.

“It is good news for the refining industry,” Eng, a panel member, said on Oct. 16. “Number one, we have less dependency on foreign crude oil. Second, we get access to lower crude prices ...

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