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…
The Fracking Fallacy debate is important because it casts doubt on the reliability of government estimates of our natural gas supply. If U.S. gas production is in decline by the early 2020s as described in the Nature article, or sooner as I suspect, then important policy decisions about the export of natural gas and the retirement of coal-fired electric power plants have been based on questionable information.
Hugh Fitzsimons lll, a buffalo rancher on the outskirts of Carrizo Springs, Texas, cautiously watches the fracking industry’s accelerating expansion.
Some suggest we are nearing a time of oil and economic security not seen in decades. If only that were true.
Two new reports on tight oil, or "difficult" oil extracted by fracking and horizontal drilling, and bitumen mining in North America strip away the marketing hype on extreme hydrocarbons and conclude that their futures may be volatile and shorter than advertised.
Economic predictions about the fracking industry’s potential growth have for the most part gone unquestioned — until now.
Post Carbon Institute has published a report calling into question the production statistics touted by promoters of hydraulic fracturing or fracking.