Is the U.S. shale oil industry in trouble? No, it is engaged in a high-stakes competition for market share. As oil flooded the market in 2014-15, prices dropped dramatically and producers began burning midnight oil to manage the downward economic pressures. While some overleveraged companies wont survive the economic challenge, in true Darwinian fashion, the fittest will prevail.
According to the U.S Energy Information Administrations (EIA) “Drilling Productivity Report,” it is estimated that by January 2016, daily production in the seven most prolific shale oil and gas areas in the U.S is expected to fall by 116,000 barrels of oil and 365 million cubic feet of gas. Those seven production areasranging from the Utica and Marcellus shale deposits in the Northeast and the Bakken, Niobrara, Haynesville, Permian, and Eagle Ford deposits in the middle of the countryaccounted for 92 percent of domestic oil production growth and all natural gas production during the years 2011-14.
The decline is directly attributable to a 2014 decision by the Organization of Petroleum-Exporting Countries (OPEC) to produce without regard to market supply. Consequently, a barrel of Benchmark Brent crude oil that brought $114 in June 2014 today brings under $40. OPEC members, particularly Saudi Arabia, can afford the lower price because they can pump oil for as little as $15 a barrel –a competitive advantage American producers cannot match
In December, OPEC doubled down on its strategy and oil prices hit a seven-year low. The lower price hits OPEC profits too, of course, but the greater harm is done to competing oil producers with higher production costs. Those companies can only stop producing and exploring. Many will fail altogether.
So far, some 250,000 job losses around the world are attributed to the lower prices, about 79 percent of that in oil field-service companies like Schlumberger and Halliburton. Swift Worldwide Resources speculates that more than 10,000 workers have been let go by struggling independent contractors and subcontractors. In keeping with their independent status, such companies typically dont announce layoffs.
The glut of oil has affected shale oil field operationsOPECs primary targetwith the number of oil rigs in North America declining 62 percent from December 2014, according to WTRG Economics. Some shale oil producers with high production costs are going bankrupt, while other producers are, in the words of an Oxford Institute for Energy Studies report in November, “[going] into hibernation” or otherwise adjusting as needed.
Many companies are creating different survival adjustments include selling off assets, such as pipelines, to private equity investors, — part of Chesapeake Energys strategy– “refracking” wells using newer technologies,. and using multi-pad drilling with “walking rigs” that are moved from hole to hole on a single site. Well-endowed companies are shelving Arctic megaprojects (e.g. Royal Dutch Shell) or getting out of deepwater drilling altogether (e.g. ConocoPhillps) in favor of shale oil production. ExxonMobil has drilling rights to 1.5 million acres in the Permian Basin shale formation and in October was looking to acquire more.
As the OPEC challenge continues, producers are implementing ways to keep their heads above water. Many producers are downsizing their employees and finding cost effective means for continual oil production, however despite the temporary strategies that are in place, it is not certain who will survive.
By Giles Lambertson, contributor for IMP Corp
If you are an immigrant, you will probably need the help of a lawyer specializing in this field, whether you want to get into the U.S. or are already here and would like to stay longer. An immigration attorney can assist you in various ways. Find out the most common types of assistance that this kind of legal representative can offer immigrants.
Most lawyers of this type are used to gathering information about green cards so that people can come to this country legally. If you want to find out the requirements for a visa, and get to know your chances of qualifying, you should talk to an immigration attorney. Once you have decided to take this route, he or she can help you adhere to deadlines and fill out paperwork, as most people do not understand the legal jargon involved in most forms required for this process. No matter what kind of visa you want, this type of lawyer should be able to assist you.
If you are already here and would next like to work on moving your family to this country, you will need to meet with an immigration attorney to find out the next steps to take. In many cases, you can get your whole immediate family moved to this country, and a good lawyer will help you do it as soon as possible. The odds are typically better for your family members when you get legal assistance for the process than if they were to apply individually, so assist them in this endeavor by hiring a good lawyer.
If you have a temporary visa and would like to stay here past the expiration date, you will need to get assistance from an immigration attorney. Overstaying the length of your visa will result in you being deported and not being able to return for a certain period of time, so be sure to contact a lawyer before it expires. Playing by all the rules will assist your case greatly, as will professional legal help.
Attempting to undergo the visa process on your own will likely end in frustration and possibly rejection. Avoid these problems by getting help from a local immigration attorney experienced in dealing with all issues related to this process. Going this route should result in you and your family staying in this country, with the possibility of becoming citizens of this nation in the future.
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After all the basic proceedings and other formalities of a marital breakup, a good divorce attorney is needed. Thus, it is vital to start looking for the most excellent San Diego Divorce Lawyers as soon as possible. To find such an expert it is necessary to look for the important characteristics that one should have, in order to achieve optimistic outcome. Below are a few factors that are found in common in some of the best San Diego Divorce Attorneys.
Knowledge, Skills and Practice:
Knowledge, skills and practice, are all the 3 aspects that are always present in an experienced lawyer or attorney as it proves their capability and power of handling different types of cases. Therefore, looking for an attorney that is much more experienced with cases similar to yours will do the trick for you. Because they are much familiar of those cases and there are more chances of better case handling with such lawyers than the others. There are many lawyers who are greatly competent in spousal support cases but the same lawyers are incapable of conducting property division cases. It completely makes sense; therefore, it is vital to search for the right experts.
There are numerous fields and subjects of a divorce case i.e. spousal support, property division, child support, enforcement orders and legal counseling, a lawyer who is trained for the most of these subjects and is an expert of handling a majority of such multifaceted cases should only be hired, as they are the only professionals who can help you attain the control of almost 100 percent of this situation. Monetary man wishes to have more of the property while the parent-side of the same person wants to support his child, if an incompetent lawyer is chosen he may be able to get you one or two of the mentioned aspects while the control to others will be completely lost.
Because such cases are one of the most delicate ones, lawyers should be very much reachable. Check by faxing, mailing, calling, and contacting them by other means. If they respond promptly then, accessibility is assured. These cases can take solid turns at any minute, about which the lawyers should be notified right away to lead the case positively; this reason defines this factor as the foremost and primary characteristic. Other than just timely response it is important to see if they are punctual with the time they give for meetings and appointments.
With all these characteristics, it is also important to see what people say about these San Diego Divorce Attorneys and Lawyers. This can be done by reading reviews online. These reviews are written by their clients who have won, lost or partially taken over their cases; they are enough to know about the lawyer’s strong and weak points and what their specialty is. This kind of research may consume a few hours but it is necessary to read several review before trusting as such cases usually do not appear more than once in a lifetime.
If you are purchasing a new home, there are often mountains of paperwork that needs to be sorted through. These include all the legal papers, titles, and all of the required state and city disclosures. Sometimes, it helps to hire a real estate lawyer so that you can understand them and not just muddle through.
One thing that a real estate lawyer may help with are contracts for property closings. Most home buyers are not aware that an offer can be made based on the approval from an attorney, allowing any necessary papers to be perused by the sellers. His responsibilities are to make sure that the titles are correct, get all the proper documents registered, and make sure that all the owner’s paperwork is legal. He will also work with the financial institution so that your home buying experience can be less stressful.
A real estate lawyer can also run a history report on the property for you so that you can make sure that there are not any long term, short term, or tax liens on it. This could happen more often if you are buying an older home that has had several owners. You can also find out if there are any easements or restrictions on the use of the property that need to be explained to the new owners before any paperwork is signed.
Make sure that you consider only a licensed and experienced real estate lawyer, as there are some those who are not attorneys who claim to do the same work for you for less money. This is possible, and they will likely do a good job, but, only those trained in law can work with the courts for you, and will only operate with the highest level of ethics. They must carry insurance that covers any errors or omissions, just in case damages are discovered later, because those can happen on occasion.
The lawyer that you hire will work with your financial institution to review all the paperwork and adjust the terms if necessary, all for your benefit. This includes taxes and insurance, and making sure the buyer is protected in case problems are found after the bank has transferred the title.
Finally, real estate attorneys have certain duties that make them worth the fees they charge. These include helping with negotiations with the sellers, reviewing the agreements for the purchase, be with you during closing to make sure that it goes smoothly, and making sure that the deed is worded correctly and nothing is omitted. He can also make sure that all the checks and pre-purchase insurance payments are taken care of before the buyer signs the contract.
If you do your homework and find the right real estate attorneys, your home buying experience can run smoothly. This will leave you with the peace of mind that you can enjoy your home for many years to come.
The DUI lawyer is generally hired for effectively tackling or handling the various legal; issues arising out of the DUI incidents. They basically defend their clients in the court of law in order to save them from all the legal accusations of DUI.Only an experienced and efficient DUI attorney can successfully defend their accused clients in the court of law. In Hampton VA, these lawyers provide all the necessary legal helps to their clients in case of DUI incidents.
Functions of these lawyers
The initial activity of these lawyers is to protect their clients from the initial arrest which is usually done by the bail system. They also protect their clients from the submission of the drivinglicenses and other important vehicle documents. They prepare the necessary documents and paper works on the basis of the collected evidences and the eye witnesses. They also produce these legal documents in the court in support of their clients. They also get into various legal arguments with the opposite government prosecutors for saving their clients from the accusation of DUI. They also work hard on the homework of the various legal clauses for strengthening the case in support of their clients. They also try to convince the judge and try to negotiate on the fees or penalty charges of their clients. The ultimate success in the court of law basically roves the experience and capability of the DUI attorneys.
Qualifications and qualities of these DUI attorneys
The defending activity of the accused DUI fellows is highly risky and complicated and needs a lot of legal knowledge and skills for effective defending. The competent defending dui attorneys should have basic knowledge about constitutional issues, various scientific theories as well as advanced trial techniques or policies. They should be highly qualified and knowledgeable enough about the standardized rules of the sobriety testing which includes the walk, turn and one walk stand testing as well as the testing of the gaze nystagmus.
This is because during the dui arrest the accused or the arrested beings are highly required to give this concerned test and have to pass it in order to prevent the further legal proceedings. These lawyers should also have necessary knowledge on the various legalities which is highly required to defend their clients in a n effective manner in the court of law. The NHTSA course is highly essential for knowing the details of the legalities involved in thesobriety tests. The DUI lawyer Hampton VA is highly efficient to apply the appropriate DUI laws for the purpose of defending their clients in the court of law.
The Author Gracie Calaway is a professional writer, presently writing for
While consulting with your attorney about your immigration gives him every types of information required. Know what the types of information you should inform him are given below:
Provide basic information: Confirm that your attorney has precise, current basic information on you. This includes your email addresses, telephone numbers and mailing addresses. If you do not keep your information updated, you may miss-out important message from USCIS and your Immigration attorney.
Tell him your immigration history: Your immigration attorney should know if you have ever filed any appeals with USCIS in the past. Confirm that your attorney is acquainted with what your filed and when you did. For example, if you never make him or her aware that you previously filed for two k-1 visa, your Immigration attorney cannot accurately tell you about the waiver that you need or to file an I-130 as an alternative. And if you are an established citizen in New Jersey, your New Jersey immigration attorney should know the way you got your immigration like through marriage, family, work, etc. These answers might affect your aptitude to file for immigration benefits.
Let your attorney know your criminal history: Some type of visas requires waivers if the if you have any criminal history. This includes felonies and misdemeanors. You should disclose this information to make sure that it will not be a ground for refutation of your petition.
Disclose your annual earnings: Your Immigration attorney should know how much money you earn and how many person you intend to appeal for. These issues unswervingly have an effect on your capacity to sponsor immigrants.
Disclose the intending immigrant’s immigration history: You need to inform your immigration lawyer when, and how the recipient has ever gone into the US. You also must tell the attorney if the recipient has ever been deprived of a visa, sanctuary, or any other US immigration benefits. If you have been failure to reveal these items might result in a refutation because your attorney did not arranged the right waivers. Not only that you should inform about your beneficiary, who had severe illness, as a waiver may be available for this.
Well if you think that your attorney is not willing to listen all those and behaving unprofessionally you may also make complain against him or her. You may also check with your state’s attorney registration & disciplinary authorities to know about its procedures to register a complaint against an attorney. And also visit some trusted lawyer directory to find an attorney qualified.
You should rest easy if you have an attorney to argue out your drunken driving accident case. The attorneys are professionally trained on how to put a solid defense even when you are on the wrong. The main duty of a lawyer is to defend you at all cost so never consider going it on your own. It might cost you a penny but never mind enlisting the services of a drunk driver accident attorney to represent you in court. The following are some of the common defenses that your attorney will argue out in court to ensure you are set free without charges. When an attorney puts the defense of necessity, he or she tries to prove to the court that the damages incurred in an accident are lesser than what it could have been had the accused not acted that way.
The logic behind this defense is for the attorney to convince the presiding judge that the accident was caused as the accused person was evading a more serious catastrophe. It does not rest there as the attorney must prove beyond reasonable doubt that it’s the case and the accused was not guilty. Duress is another defense that you might see your drunk driver accident attorney putting up in your defense. In this, the lawyer will try to prove that the accused caused the accident after being forced to do so by another person. He or she could have been drunk or in an awkward condition to drive but the attorney will insist that it was as a result of pressure from the person that the accident occurred. Just like cars, drunken motorcyclists can be forced to drive without personal consent which might end up in an accident.
For the entrapment defense, it lays the blame squarely on an officer who allegedly forces the accused to drive when drunk in a frame-up situation. The attorney will have the burden of proof in convincing the court that had the accused not been forced to drive, he or she would not have done it voluntarily for being drunk. Involuntary intoxication defense applies where the accused person caused an accident for driving after taking alcohol without any knowledge. The attorney will advance the argument that the accused never knew that he or she was drunk. Most of these are affirmative defenses that a drunk driver accident attorney will pin hopes on winning a case outright.
Improper stop can be a very tricky defense that you will get an attorney putting up to save you from imprisonment. This implies that as the accused, you did not have a reason to make an emergency stop but it was forced by circumstances. Other common defenses touch on administration and will include accuracy of portable, standard and field sobriety breathalyzer tests. In all these defenses, the drunk driver accident attorney will be under the burden of proof to convince the court that you are not on the wrong. The most important thing is justice to prevail.
Resource Box You need to know about some of the common defenses that a drunk driver accident attorney will put up in defending you. They all have the burden of proof but it should not be a concern to you as long as you get justice. You can interrogate your Amarillo DWI accident attorney – http://quackenbushlawfirm.com/recent-case-profiles.html to get more on that.
Workers’ Compensation Attorneys comprise the specific class of lawyers who devote their legal practice to handling workers’ compensation claims. Worker’s compensation refers to the insurance or compensation provided to cover any personal or physical injury, medical reimbursements, loss or death in workplace or within the employment tenure. These laws for worker’s compensation are a result of long fought battles by trade unions and still in the 21st century Worker’s compensation or Worker insurance are characteristics of very advanced and developed societies.
In common, employers enjoy the liberty of deciding where to give worker benefits or compensation. In California, however, the law states that the employer needs to carry Worker’s Compensation Insurance or be qualified for self insurance to cover any on-the-job injuries. Work related injuries or illnesses include limb disorders, heart and lung diseases, hypertension or severe accidents in workplace that even make individuals cripple for life. In these cases, workers’ compensation benefits may allow for money for time off during recovery of an injury, reimbursements of medical expenses or compensation for a long term disability or permanent impairment.
Getting the deserving compensation in the right way is not very easy and simple. Determining your eligibility to get compensation in many cases gives rise to complex issues which may lead to disputes denying your compensation or injury claims. Such situations get out of your control and what you need is a professional legal assistance of a Worker’s Compensation Attorney.
Employment laws and legal rules binding employment issues are continuously changing in an effort to keep pace with the changing modern society. Workers’ Compensation Attorneys are the appropriate persons who are updated and well informed with the latest employment laws and can help you making you aware of your specific rights and obligations as an employee.
If you search for Workers’ Compensation Attorneys, you will find very few Law firms or lawyers devoting their practice to this field of law. Selecting the right attorney for your case may be an uphill task. Make certain necessary considerations while choosing your lawyer which includes the following: your Worker Compensation Lawyer must be patient and tolerant and a good listener, he or she must be able to analyze and understand the case by listening to you without doing any research or survey, he or she should demonstrate enough confidence to convince you that he or she is capable of handling your case and last and not the least is the fees he will charge for your case are based on the law and usually will not exceed 15% of your permanent disability settlement recovery.
Your search for a reliable, expert Worker Compensation Attorney ends here. Visit www.geklaw.com for more information. Our Worker Compensation Attorneys have earned fame serving clients in California and successfully obtaining worker compensation and fair settlement for more than 30 years.
Lawyers are professionals whose qualifications and qualities should never be in doubt. You must be very keen on that when looking for an auto accident attorney Amarillo to represent you in court. The following are some of the desirable qualities that you must look out for in the ones you are targeting for hire. Experience in handling similar cases in the past remains very vital and the attorney you are hiring must show proof for that. To increase chances of winning such a case, you should hire an attorney with the highest level of experience.
Such a person will have accumulated enough mastery of the legal profession in the many years of practice. He or she will have all the winning strategies even when your chances appear slim. From the outset, it is important you note that rushing over this process is very dangerous because you might end up choosing the wrong lawyer. Make sure you have taken your time to analyze all the aspects that will help in making an informed choice. Specialization has to be a key quality for any auto accident attorney Amarillo you hire for your case. The attorney must have specialized in dealing with auto accidents and not any other area in law.
It will play a critical role in delivering success to you and can only be overlooked if you are not serious. Reliability is yet an important quality and not many clients know that this is significant to their case success. Beware that your relationship with a lawyer during the hearing of the case will be very close thus must maintain close-by-close contact and communication. If the attorney is not reliable enough, you will find it hard reaching him or her whenever need arises. That is all about reliability so don’t ignore this consideration when making selection. A reliable attorney should be able to offer you legal support every time you need it and if possible should not be handling another client apart from you. It’s simple; the auto accident attorney Amarillo must commit his or her time to you and your case. Talking to your close friends will not be a bad way of seeking referrals for the attorney you intend to hire. Single out those who have worked with specific attorneys and they will be in a position of advising you on who is good and who is not. Don’t make blind decisions but involve people who matter and whose input will bear positive outcome. Cost is a concern of every person seeking legal services so you should not be the odd one out. Make sure you have sought information on how much it will cost you to get the services of an attorney in Amarillo for your auto accident case. They have different charges but making wide considerations will help you settle on the right auto accident attorney Amarillo with an agreeable offer.
Lastly, lookout for an attorney affiliated to a reputable law firm. Such lawyers have many benefits over those practicing individually that might play to your advantage. Resource Box Take a look at all qualities that your Amarillo auto accident attorney comes with and it will be easy choosing the ideal one. Many disguise to be the best but lack vital qualities which you must be very cautious about. Be very precise when choosing a http://quackenbushlawfirm.com/ car accident attorney Amarillo.
In the event of work-related disputes, you can seek the advice of employment attorney as this matter can be quite intricate. When it comes to this matter, not all lawyers can help you out. Thus, one must be meticulous in selecting a New York employment attorney or else, things will only come to worse. /p>
In terms of hiring employment attorneys, their years of experience and knowledge counts. In addition, it is quite crucial to determine if they already handled similar cases before. The more the lawyer is experienced, the better since they can formulate methods to give you the upper hand.
It’s just normal that state and federal laws will face changes. Because of these modifications, people prefer employing employment lawyers NYC who are constantly updated with the alterations in employment laws. If your lawyer is offering methods based on outdated laws, then there is a chance that you will lose in your employment-related proceedings.
The way the employment attorney handles his or her client is yet another angle you should look into. Lawyers often give free consultation during the initial meeting. It is during this time that you can evaluate your lawyer if he is really committed with the case that you are into. In situations when the NYC employment lawyer is showing low interests to their client’s case, there is a great possibility that the trial proceedings will be uninteresting. A passionless and unimaginative lawyer, regardless of how experienced, is unlikely to do well in handling their client’s case.
It is also during the initial meeting that you might ask a few queries to your employment attorneys about the case that you’re into. They should be able to provide a clear and simple to understand explanation on the responsibilities, legal option, and rights of the plaintiff. Included in the practices of reliable and expert NYC employment attorneys is to place their advices in paper. The written legal advice must outline the strengths and weaknesses of the case. This makes the employee more ready in case they’ll be invited to appear in a court hearing.
If a dispute resulted to litigations, then more time will be needed for the preparation. That’s why you ought to clear things about with your employment attorney regarding their payment. Payment could be given either hourly or through a contingency arrangement. In cases when your case can take time to be fixed, it’s highly suggested that you combine a contingency and hourly payment. This way, it is feasible for a clientele to pay the fees of their New York employment attorney without depleting your financial resources.
When looking for employment attorneys firms, make it a point that they have a Lexcel or ISO 9001 accreditation. This kind of accreditation means that the firm is giving the highest standard of case management.
The methods with regards to employment attorneys come in options. And you alone can determine what approach is ideal for you to be utilized in the long run. Being true to yourself is the best thing you can do and do not ever come to a decision which you will possibly feel sorry for in the long run. The sole person who can simply figure out when it’s the perfect time to pursue a new course of action is you. if you want guidance with employment lawyer NYC, then try looking at https://www.linkedin.com/company/young-&-ma-llp.