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How Long Can the US Oil Boom Last?

2014-12-19 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Now that oil prices have dropped to levels not seen since 2009, helped by a flood of oil flowing from hydraulic fracturing or fracking wells in North Dakota and Texas, it's time to ask the question: How long can the U.S. oil boom last? In the short term, the price drop threatens profits from fracking, which is more expensive than conventional drilling. Sure enough, permit applications to drill oil and gas wells in the U.S declined almost 40 percent in November. But in the long term, the U.S....

Tags: last long oil boom

 

VIDEO: Escape games boom in Budapest

2014-12-19 01:00:24| BBC News | Business | UK Edition

Why are people flocking to Hungary in order to try and escape from locked rooms?

Tags: video games video games escape

 
 

Cadillac left behind in luxury car sales boom

2014-12-15 21:19:34| Auto Dealers - Topix.net

Sales of luxury cars and SUVs have outpaced overall auto sales this year, with one glaring exception.

Tags: left sales car luxury

 

Environmental Integrity Project: Shale-Related Construction Boom In 2014 Means Greenhouse Gas Equivalent Of 12 New Coal Plants

2014-12-11 01:34:39| oilandgasonline Home Page

Because of cheaper fuel prices driven by the shale drilling boom, U.S. companies in 2014 received draft or final permits to build at least 46 new or expanded petrochemical facilities across the U.S. that will produce 55 million tons of greenhouse gases a year, according to a new report by the Environmental Integrity Project.

Tags: means project construction gas

 

Builders accused amid Qatar 2022 boom

2014-12-08 23:31:46| BBC News | Business | UK Edition

UK construction giant Carillion promises to investigate after workers employed by subcontractors on building projects in Qatar complain about poor pay and safety standards.

Tags: qatar boom builders accused

 

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