WorldOil Biden won’t ban fracing – he’ll outlaw most U.S. drilling instead In a local Philadelphia TV interview, Democratic nominee Joe Biden told reporters “I will not ban fracing.” He failed to mention that his climate plan’s ban on drilling on federal property would go much further than a simple frac ban. In a post-Schlumberger world, how will the new frac services landscape change the way shale explorers operate? Between Halliburton and Liberty Oilfield Services, hydraulic fracturing's two major players have fundamentally different field capabilities and technology ambitions. World Oil editors discuss how the differing strategies these two companies offer will change how operators will approach future shale project developments. Liberty Oilfield Services puts Schlumberger tech in its yards, Halliburton in its crosshairs “Customer demand has told us to grow at this pace, and then deals like this come to us,” Liberty CEO Chris Wright said in an interview after the deal was announced on Tuesday. “Our goal with this acquisition is to keep getting better, but to the extent we succeed at that, it probably leads to us being the leader sometime down the road.” Are oil prices stable enough to support a U.S. shale drilling recovery? World Oil editors discuss how recent land drilling activity, and the oil price's resilience to external factors suggest that pieces may be coming into place to support the start of a U.S. shale recovery. Shale driller Chapparal Energy files bankruptcy Chaparral Energy Inc.’s filed for bankruptcy protection for the second time in four years, paving the way for bondholders to take control of the Oklahoma driller in the aftermath of sluggish oil prices. Drilling rig count falls on distant prospects of an oil price recovery Shale explorers parked more drilling rigs in the U.S. this week as stagnant oil prices push the industry to extend a historic retrenchment. The number of active oil rigs in U.S. fields fell by 4 to 172, according to Baker Hughes Co. data released Friday. Second Bakken pipeline shutdown further threatens shale recovery On July 2, a lesser-known conduit called Tesoro High Plains was ordered shut for the first time in its 67 years of operation. Along wit Dakota Access, the two pipelines ship more than one-third of crude from America’s prolific Bakken shale formation to market. Energy Transfer’s CEO preparing for Dakota Access battle When a judge delivered a surprise ruling this week ordering the pipeline to shut until further environmental reviews are conducted, Energy Transfer CEO Kelcy Warren flashed the pugnacious, bare-knuckled approach that has made him -- and the project -- a source of seemingly never-ending controversy in America. Dakota Access pipeline shutdown challenge moves to Federal appeals court Energy Transfer LP’s fight to stave off a shutdown of the Dakota Access oil pipeline now heads to a federal appeals court after a district judge on Thursday refused to cut the company a break. Warren Buffet swoops in as the U.S. oil industry is battered by legal, regulatory and financial challenges World Oil editors discuss the near- and longer-term effects of the Dakota Access pipeline shutdown on U.S. shale, legal precedents being set and who stands to benefit. Also, Pemex appears to be tightening its grip around the neck of the golden goose that is Mexico's oil and gas industry.