U.S. oil production has begun to drop in response to low oil prices, but not as dramatically as many had anticipated.
Articles: Fracking (328)
Fracking has finally arrived in the UK, eight years on from Cuadrilla’s approved licence for shale gas exploration in Lancashire.
Market fundamentalists tell us that prices convey information. Yet, while our barbers and hairdressers might be able to give us an extended account of why their prices have changed in the last few years, commodities such as oil--which reached a six-year low last week--stand mute. To fill that …
The reality is that lifting the oil export ban will result in large increases in fracking for oil in the U.S.
For the past several weeks, the drilling industry — hammered by bad financial results — has begun promoting its next big thing: the Utica shale, generating the sort of headlines you might have seen five years ago, when the shale drilling rush was gaining speed. “Utica Shale …
The fracking of oil and gas less than a mile from aquifers or the Earth's surface now takes place across North America with few restrictions, posing increased risk for drinking water supplies, says a new Stanford
Recently, the EIA released its Annual Energy Outlook 2015 and so we asked David Hughes to see how the EIA’s projections and assumptions have changed over the last year...
Last week, members of the media breathlessly reported that the Utica Shale could hold more recoverable gas than the Marcellus, the largest shale gas play in the country.
And while the drop in emissions happened at roughly the same time as the fracking rush spread, shale gas had relatively little to do with the drop in carbon emissions, according to a scientific paper published today in the journal Nature Communications.
Let’s amend the famous line from Joni Mitchell’s “Yellow Taxi” to fit this moment in the Finger Lakes region of New York State. There, Big Energy seems determined to turn paradise, if not into a parking lot, then into a massive storage area for fracked natural gas.