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Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom The recently vaunted decline in US crude oil production, supported by granular estimates, has been used in rationalizing the newly sizzling rally in oil prices. Analysts are digging through local details to come up with clues where this might be going. Money is re-pouring […]
Dimock, PA Lawsuit Trial-Bound as Study Links Fracking to Water Contamination in Neighboring County
Dimock, PA Lawsuit Trial-Bound as Study Links Fracking to Water Contamination in Neighboring County A recent peer-reviewed study published in the Proceedings of the National Academy of Sciences has confirmed what many fracking critics have argued for years: hydraulic fracturing for oil and gas can contaminate groundwater. The study’s release comes as a major class action lawsuit filed in the District […]
A Potentially Massive Win For Fracking In Texas
A Potentially Massive Win For Fracking In Texas Gov. Greg Abbot’s signature is all that’s needed to impose a ban on the ability of Texas’ cities to limit potentially harmful oil drilling practices, including hydraulic fracturing, in their jurisdictions. The measure, which easily passed both houses of the Republican-led Legislature, was welcomed by industry groups […]
Landmark Fracking Case Gets a Supreme Court Hearing
Landmark Fracking Case Gets a Supreme Court Hearing Oil patch consultant Jessica Ernst alleges Alberta has intimidated landowners. The Supreme Court of Canada said today that it will hear thelandmark case of Jessica Ernst, which squarely challenges how the Alberta government has treated landowners and regulated hydraulic fracturing. The decision both stunned and exhilarated the 57-year-old Ernst. […]
8 States Dealing With Huge Increases in Fracking Earthquakes
8 States Dealing With Huge Increases in Fracking Earthquakes A new report, released Thursday from the U.S. Geological Survey (USGS), identified eight states in the eastern and central U.S. where fracking operations have led to dramatic increases in earthquakes, primarily from the injection of the wastewater byproduct of drilling operations into underground wells. This process can activate faults that in […]
How Much Water Does The California Oil Industry Actually Use?
How Much Water Does The California Oil Industry Actually Use? When California Governor Jerry Brown issued mandatory water restrictions for the first time in state history, he notably excluded the agriculture and oil industries from the conservation efforts, a decision that was heavily criticized. The oil industry, for its part, insists it is a responsible user of water. The […]
Oklahoma’s Clear Link Between Earthquakes and Energy Boom
Oklahoma’s Clear Link Between Earthquakes and Energy Boom Oklahoma officials this week said oil and gas activity was the likely cause of the stunning increase in earthquakes in the state. In an interview with Yale Environment 360, Oklahoma geologist Todd Halihan talks about what has caused this growing problem and what can be done about it. […]
Scottish Government’s Position on Fracking Remains Unclear
Scottish Government’s Position on Fracking Remains Unclear The Scottish Government have been accused of kicking the issue of fracking into the long grass. Alex Salmond said recently: “I think fracking has a long way to go before it convinces populations across the country. Fracking in a heavily populated area is a totally different proposition from fracking elsewhere […]
A Plot To Hold Down Oil Prices Or Just A Happy Coincidence?
A Plot To Hold Down Oil Prices Or Just A Happy Coincidence? The recent unprecedented surge in oil imports has again prompted a review of things here. In a prior story, we wrote that the lack of capacity to process light sweet crude at refineries produced via shale plays could be playing a role in the […]
Big Hit For U.S. Oil Production In January
Big Hit For U.S. Oil Production In January U.S. crude oil production fell at least 135,000 barrels of oil per day in January 2015 compared to December 2014 according to the EIA (Figure 1). Figure 1. U.S. crude oil production. Source: EIA and Labyrinth Consulting Services, Inc. (Click image to enlarge) Related: Latest EIA Predictions Should Be […]
11 Signs That We Are Entering The Next Phase Of The Global Economic Crisis
11 Signs That We Are Entering The Next Phase Of The Global Economic Crisis Well, the Nasdaq finally did it. It has climbed all the way back to where it was at the peak of the dotcom bubble. Back in March 2000, the Nasdaq set an all-time record high of 5,048.62. On Thursday, after all […]
Are Oklahoma’s Quakes Caused By Wastewater Disposal?
Are Oklahoma’s Quakes Caused By Wastewater Disposal? No matter what other problems may or may not be linked to hydraulic fracturing, or fracking, the disposal of wastewater from oil and gas drilling almost certainly is primarily responsible for the recent spate of earthquakes in Oklahoma, normally a seismologically quiet state. That’s the conclusion of a […]
Fierce Opposition? Heck, EU Lets Fracking in through Back Door
Fierce Opposition? Heck, EU Lets Fracking in through Back Door In Europe these days, the pace of legislative change is dizzying, as Brussels continues its blitz-like power grab. Last year saw the birth of the banking union. This year, it’s Energy Union. With the European Commission determined to push through an ambitious consolidation of the continent’s disparate energy […]
Fracking Increases Radon Gas Hazard, US Study Finds
Fracking Increases Radon Gas Hazard, US Study Finds Levels of the carcinogenic gas rising in Pennsylvanian homes near industry sites. Another major U.S. health study has found that the hydraulic fracking of unconventional rock formations can liberate and accelerate the release of radon, a highly carcinogenic gas. Researchers at Johns Hopkins Bloomberg School of Public […]
Is the Fracking Lobby Setting the EU Energy Agenda?
Is the Fracking Lobby Setting the EU Energy Agenda? A European expert panel on unconventional hydrocarbons has been almost entirely taken over by the fracking industry reveals a new investigationby Friends of the Earth (FoE) Europe and theCorporate Europe Observatory (CEO). The advisory group, set up by the European Commission, is tasked with assessing ongoing fracking projects in Europe along with […]
