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Tag: shale
Without shale, oil prices would be a lot higher
2013-10-15 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Hill: Unheralded and unnoticed, American oil producers are helping stabilize global oil prices, which would be a lot higher if new U.S. oil supply, mostly from shale, werent reaching world markets. Public attention usually focuses on shale from the perspective of local business benefit or environmental concern. Holding down prices doesnt figure as a benefit but its a story worth telling. Even with Saudi Arabia pumping oil at its fastest clip in decades, oil prices remain stubbornly high. For example,...
Debate emerges over whether shale oil boom will bust
2013-10-15 04:24:46| Oil & Gas - Topix.net
Despite projections from folks in the field that the multibillion-dollar shale oil industry can make the U.S. the world's top oil producer by 2020, there are still some who say those wells could run dry.
Shale Oil Will Soon Make the US #1 Oil Producer
2013-10-14 20:00:54| Oil & Gas - Topix.net
"We don't make anything anymore" is a common lament heard in the US these days. One thing we do produce is energy.
Shale Oil Will Soon Make the US #1 Oil Producer
2013-10-14 12:36:36| Electronics - Topix.net
"We don't make anything anymore" is a common lament heard in the US these days. One thing we do produce is energy.
Thanks to Marcellus Shale, 'fracking' becomes a household word
2013-10-12 23:32:00| Climate Ark Climate Change & Global Warming Newsfeed
Pittsburgh Post-Gazette: The Marcellus Shale preceded the founding of Pittsburgh by a good 350 million years. The rock layer laid safely tucked a mile underground until in the early 2000s, when the shale gas -- through a combination of horizontal drilling and hydraulic fracturing -- began its ascent to stardom. Now it all but defines the region. Pennsylvania has been an oil and gas producing state since the late 1800s. Thirty years ago, gas wells in Pennsylvania pumped out a respectable 118 billion cubic feet of gas in...
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