David Stewart Bowling Green on Oil, Fracking and Energy Predictions

The last decade has seen a huge resurgence in the US oil and energy economy, and a major part of that resurgence is due to fracking. While previous oil extraction methods left the US with dwindling reserves and high energy costs, fracking has allowed oil prospectors to return to previously exhausted wells and see a whole new yield of usable crude. Likewise, advances in extraction have us tapping reserves that are deeper or farther offshore than before. But not everyone expects the boom to last.

Fracking

Oil expert David Stewart of Bowling Green KY begs to differ.Some experts, including US energy officials, have said that fracking has created only a temporary bump in production. They predict that the current boom will end by the mid 2020’s, putting the United States back on the list of oil-hungry nations and undermining a period of financial prosperity thanks, in part, to cheaper energy.

David Stewart is a Kentucky-based oil and natural gas expert who acts as a consultant to many petroleum businesses. In that role, his job is not only to advise on the best current methods, but also to understand emerging technologies that will change the landscape—soon. His value comes from giving extremely accurate predictions that help inform prospecting and production strategy and ultimately keep energy companies profitable. And he does not believe that the US fracking boom is going to end any time soon.

“It’s not just a matter of energy leaders being optimistic,” David Stewart said. “These are executives whose entire lives are staked on understanding the future of their industry and investing in the wells and tech that will succeed. And among this group of rugged realists, we just don’t see fracking running dry in the next 10 years. Not even close.”

Some would disagree with David Stewart, pointing to the short life of fracking wells and their quick decline rate. Many fracking wells are essentially sifting through the leftovers of previous drilling and can run dry in as little as 8 years.

But David Stewart points out that current fracking rates are no indicator of future ones.

“Just ten years ago, the reserves we’re tapping today were considered to be completely exhausted,” Stewart said. “Fracking is a new technology and it’s continuing to evolve quickly. The same engineers who came up with fracking in the first place are looking at its results and asking, how can we improve this?”

The result, Steward says, is that fracking will improve along all metrics—slower decline, lower costs, and longer yield time.

“Ultimately, not only will tomorrow’s fracking operations produce more than today, but we can go back and re-frack reserves that are once against considered ‘dry.’ We have decades of boom left.”

Bibliophiles in Bowling Green Flocked to the Southern Kentucky Book Fest

The city of Bowling Green, Kentucky, is known for a variety of different things. When people hear the name Bowling Green, they may think of the city’s booming industries. Fruit of the Loom, the Chevrolet Corvette, and GM take up residence here, and thousands of residents find work in the city’s numerous factories and offices. A lot of great minds have lived in the city; John Carpenter, Jefferson Davis, and Rand Paul have all called it home. A lot of things come to mind when people think of Bowling Green, but there is one thing that more people should recognize and celebrate in the city: books.

TBD_shutterstock_66724321

Who doesn’t love to settle down with a good book on a nice afternoon? David Stewart is one of the many Bowling Green residents that loves to read, and along with the many other book lovers in the area, he was happy to recently welcome the Southern Kentucky Book Fest to the city. On Saturday, April 26th, the Knicely Conference Center played host to countless authors and hundreds of people who love to read. Along with book signings, discussions, and Q&A sessions, people were able to see and talk to some of their favorite authors.

This year, people were very excited to welcome Charlaine Harris to the Southern Kentucky Book Fest. The critically acclaimed author penned the extremely popular Sookie Stackhouse Southern Vampire series, which was turned into an even more popular show on HBO. Harris released the final novel in the series, Dead Ever After, last May. The acclaimed HBO show will be airing its last season this summer, so the author picked an excellent time to come and discuss her books and other works with her eager fans.

People with an interest in the Civil Rights Movement were happy to attend the festival’s presentation on the subject. Aram Goudsouzian is the Chair of the Department of History at the University of Memphis, and has also authored several books about key moments in America’s Civil Rights Movement. Goudsouzian, along with Dr. Anne Onyekwuluje and civil rights activist Rev. Dr. Bernard Lafayette Jr., hosted an unforgettable panel. There were countless other presentations on a variety of genres and topics at the event.

Historical fiction, thrillers, biographies, and others all had their own panels dedicated to discussions with authors, professors, and other book lovers. There was also more than enough to do for the festival’s youngest attendants. There were several young adult writers attending the event, giving everyone something to do and someone to meet at the book fest.