Home » Posts tagged 'fracking' (Page 14)
Tag Archives: fracking
Shale Gas and Fracking: The science behind the controversy
Shale Gas and Fracking: The science behind the controversy Anyone looking for a comprehensive review of the controversies associated with fracking is going to be disappointed by this short book. After having ploughed almost all of its 170 pages I found, near the back, the following sentence: “I won’t go through all of the contested issues, […]
Top 12 Media Myths On Oil Prices
Top 12 Media Myths On Oil Prices The upstream oil and gas industry is not a black hole. There’s no mystery wrapped in an enigma here. There are a lot of meetings with engineers, chemists and geologists. There’s a constantly evolving learning curve. And then there’s all the regulations and compliance. But all-in-all it’s pretty […]
Why The Oil Price Collapse Is U.S. Shale’s Fault
Why The Oil Price Collapse Is U.S. Shale’s Fault The present oil price collapse is because of over-production of expensive tight oil. The collapse occurred because of the inability of the world market to support the cost of the new expensive oil supply from shale, oil sands and deep water. Demand was progressively destroyed during […]
Who’s To Blame For The Oil Price Crash?
Who’s To Blame For The Oil Price Crash? When we think of the recent drop in oil prices, the question is not only who started it, but who’s responsible for keeping the prices falling. Probably no one would dispute that the price plunge began with the eager and copious production of oil from shale formations […]
Health professionals call: ban fracking for five years
Health professionals call: ban fracking for five years Medact, the organization of health professionals for a safer, fairer and better world, has called for a five year moratorium on fracking due to its serious hazards to public health, writes Paul Mobbs. Their new report is a powerful challenge to government policy that cannot be ignored. […]
Fracking Has No Business in Lancashire – Local Firms Protest
Fracking Has No Business in Lancashire – Local Firms Protest Local small businesses seem to be throwing their weight behind the anti-fracking movement rather than the pro-fracking business lobby in Lancashire, finds Ben Lucas, MA Investigative Journalist student at City University. There are currently more businesses in Lancashire that oppose rather than support fracking, according to available data. The […]
Germany’s Merkel Comes Out as Basically a U.S. Agent
Germany’s Merkel Comes Out as Basically a U.S. Agent On Wednesday, April 1st, German Chancellor Angela Merkel’s cabinet approved a measure to bring fracking (the patents for which are owned mainly by “large American companies, including Halliburton, Baker Hughes and Schlumberger”) into Germany. This is a prelude not only to U.S. President Obama’s secret Trans-Atlantic Trade & […]
Calls For Immediate Shutdown Of Illegal California Injection Wells As Regulators Host ‘Aquifer Exemption Workshop’
Calls For Immediate Shutdown Of Illegal California Injection Wells As Regulators Host ‘Aquifer Exemption Workshop’ While California legislators are calling for immediate closure of the thousands of injection wells illegally dumping oil industry wastewater and enhanced oil recovery fluids into protected groundwater aquifers, regulators with the state’s Division of Oil, Gas and Geothermal Resources (DOGGR) were holding an “Aquifer […]
Goldilocks Is Dead
Goldilocks Is Dead Five years ago I wrote an article for Reuters titled “Goldilocks and the Three Fuels.” In it, I discussed what I call the Goldilocks price zone for oil, natural gas, and coal, a zone in which prices are “just right”—high enough to reward producers but low enough to entice consumers. Ever since […]
No Surprises: Obama’s Fracking Rules Upset Everyone
No Surprises: Obama’s Fracking Rules Upset Everyone The Obama administration’s new rules on hydraulic fracturing, or fracking, are being denounced by the energy industry as impeding a US oil renaissance and by environmental groups who call them too weak to be effective. The Interior Department and the Bureau of Land Management (BLM) drew up the […]
US Could Slash Global Warming Emissions By Curbing Fossil Fuels Extraction On Public Lands
US Could Slash Global Warming Emissions By Curbing Fossil Fuels Extraction On Public Lands The U.S. Department of the Interior this week announced new fracking regulationsthat will serve as the only federal rules enforcing any kind of safety measures on the controversial drilling technique when they go into effect in a few months. The rules only apply to […]
Global Shale Revolution On Hold
Global Shale Revolution On Hold Along with the rest of the energy world, we have been closely tracking rig counts (now down 40 percent from last fall) and other data to try to determine where the oil markets are heading. This week, the Energy Information Administration reported that production is finally set to decline in […]
‘Frackademia’ Report Reveals Ties Between Government, Universities, and Shale Industry
‘Frackademia’ Report Reveals Ties Between Government, Universities, and Shale Industry While the government has decided to provide tax breaks for the oil industry in the 2015 Government Budget, everyone else has been talking about divestment. Ben Lucas looks at the growing movement and new evidence published this week on the relationship between government, universities and […]
Investors Crushed as US Natural Gas Drillers Blow Up
Investors Crushed as US Natural Gas Drillers Blow Up The Fed speaks, the dollar crashes. The dollar was ripe. The entire world had been bullish on it. Down nearly 3% against the euro, before recovering some. The biggest drop since March 2009. Everything else jumped. Stocks, Treasuries, gold, even oil. West Texas Intermediate had been […]
The US Oil Bust Just Got Worse
The US Oil Bust Just Got Worse The price of Oil did today what it has been doing for a while: it waits for a trigger and plunges. As I’m writing this, West Texas Intermediate is down 4.4%, trading at $44.99 a barrel, less than a measly buck away from this oil bust’s January low. […]
