Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas
The aim of this article is to show that the shale industry, whether extracting oil or gas, has never been financially sustainable.
The aim of this article is to show that the shale industry, whether extracting oil or gas, has never been financially sustainable.
Last week, in a historic verdict, a Pennsylvania jury awarded $4.24 million to two families in Dimock, PA who sued a shale gas driller, Cabot Oil and Gas Corp., over negligent drilling that contaminated their drinking water supplies.
The B.C. budget claims the province is making money from shale gas. But last month The Tyee showed the province is pouring more cash into the industry than it is getting back.
A new study of the recent methane leak in Aliso Canyon, California confirms that it was the largest methane leak in US history.
Three things don’t add up in the British Columbia budget when it comes to declining revenues from the battered shale gas industry and its non-existent cousin, the province’s liquefied natural gas fantasy.
It was a tumultuous week in the world of hydraulic fracturing (“fracking”) for shale oil and gas, with a few of the biggest companies in the U.S. announcing temporary shutdowns at their drilling operations in various areas until oil prices rise again from the ashes.
The Sierra Club and the public interest law firm Public Justice have filed a federal lawsuit Tuesday against three energy companies engaged in hydraulic fracturing, aka fracking, in Oklahoma.
A new Harvard University study finds that world methane emissions have recently spiked, and that the US appears to be the site of most of the increase.
The water, more than anything, explains why members of the Turtle Mountain Band of Chippewa Indians acted so quickly when they learned their region was next in line for fracking.
Oklahoma has seen a dramatic uptick in earthquakes in recent years, and some residents refuse to sit idly by.
A new report published by the Post Carbon Institute concludes that Texas’ Eagle Ford Shale basin, the most prolific shale oil basin in the U.S., has peaked and reached terminal decline status.
For the past five years, the EPA has undertaken a highly-consequential national study on the impacts that hydraulic fracturing (fracking) can have on American drinking water supplies.