Natural Gas

Fracking – a tale of gas and greed and global warming

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Every now and again it seems like a solution has been found to our energy problems, one that will allow us all to go on consuming (and wasting!) for decades, if not forever. In the last few years shale gas has bubbled to the top of the pile and is now being widely touted by the oil and gas industry as: a) a clean, green alternative to coal and oil; b) proof that Peak Oil/Gas is many years off; and c) a cheaper use of government subsidies than support for renewables.

ODAC Newsletter – July 1

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The fallout from the IEA’s recent decision to release 60 million barrels of oil reserves continued this week. OPEC members criticized the IEA for “breaching its own principles” and interfering with the market. Traders too seemed little impressed with the move as prices recovered last week’s losses, as Greece drew back from the brink. After all, 60 million barrels is less than a day’s global consumption.

Life cycle greenhouse gas emissions from shale gas compared to coal: An analysis of two conflicting studies

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A recent series of studies and rebuttals have debated the greenhouse gas impacts of shale gas production as compared to coal. Post Carbon Institute Fellow David Hughes, author of the groundbreaking report, "Will Natural Gas Fuel America in the 21st Century?", provides an analysis of two conflicting studies. His conclusion: Shale gas is worse than coal for the climate over a 30-50 year timeframe, depending upon the technology used.

 

Forum: Just how safe is ‘fracking’ of natural gas?

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Yale Environment 360 asked industry officials, scientists, and conservationists to answer the following two-part question: “Can hydraulic fracturing of gas and oil reserves in shale formations be done on a large scale without significant negative impacts on water supplies, air quality, and local communities? As fracking continues to expand rapidly, do you believe more stringent federal and state regulations are needed and, if so, what should they be?” Among the wide range of views, one theme emerged: Shale gas fracking in the U.S., which to date has been less strictly regulated than other sectors of the oil and gas industry, is almost certainly headed for a period of tougher federal and state environmental controls.

Commentary: Slam on the brakes!

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We’re not talking about slamming the brakes on fossil fuels. Even as our contribution to creating Peak Oil awareness begins to see a little light (at least in some circles), I am concerned that we will be so worried about saving our own bacon or appearing to be rational that we will fail to take posterity into account. If we are to save just a little oil for our children, we need to just plain stop using oil (gas, coal).