{"id":30867,"date":"2018-02-12T08:18:29","date_gmt":"2018-02-12T13:18:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=30867"},"modified":"2018-02-12T08:18:29","modified_gmt":"2018-02-12T13:18:29","slug":"drill-baby-drill-the-u-s-added-38-percent-more-oil-and-gas-rigs-last-year","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=30867","title":{"rendered":"Drill, Baby, Drill: The U.S. Added 38 Percent More Oil and Gas Rigs Last Year"},"content":{"rendered":"<header id=\"masthead\" class=\"site-header\" role=\"banner\">\n<div class=\"container\">\n<div class=\"header-hero-area\">\n<h3 class=\"unobstructed-image-container\"><a href=\"http:\/\/therevelator.org\/38-percent-more-oil-gas-rigs\/\"><span style=\"color: #222222;\">Drill, Baby, Drill: The U.S. Added 38 Percent More Oil and Gas Rigs Last Year<\/span><\/a><\/h3>\n<div class=\"unobstructed-content\">\n<p class=\"hero-tag-desc\"><strong>Burn, baby, burn: Experts express fear about the enormous climate impact of this boom in new fossil fuel development.<\/strong><\/p>\n<\/div>\n<\/div>\n<div class=\"space-heroarea\"><\/div>\n<\/div>\n<\/header>\n<div class=\"site-inner\">\n<div id=\"content\" class=\"site-content\">\n<div id=\"primary\" class=\"content-area\">\n<article id=\"post-3264\" class=\"post-3264 post type-post status-publish format-standard has-post-thumbnail hentry category-climate-change tag-climate-change tag-energy tag-energy-economics tag-fossil-fuels tag-pollution tag-topmost-headline tag-trump-administration\">\n<header class=\"entry-header\"><\/header>\n<div class=\"entry-content\">\n<p>The number of oil and gas rigs in the United States has increased an astonishing 38 percent over the past year. That\u2019s according to S&amp;P Global Platts Analytics, which reported this week that the country had <a href=\"https:\/\/www.platts.com\/pressreleases\/2018\/020618\" target=\"_blank\" rel=\"noopener\">1,070 rigs at the end of January<\/a>, up from just 773 a year earlier.<\/p>\n<p>Experts expressed fear that all of this new development does not bode well for the planet. \u201cThis will have a very significant climate impact,\u201d says <a href=\"http:\/\/columbiaclimatelaw.com\/about-us\/our-team\/romany-webb\/\" target=\"_blank\" rel=\"noopener\">Romany Webb<\/a>, climate law fellow with the Sabin Center for Climate Change Law. \u201cThe oil and gas industry is a huge source of methane, which is a really potent greenhouse gas. And then on top of that you also have the carbon dioxide emissions from the combustion of this oil and gas. So this is very concerning from a climate perspective.\u201d<\/p>\n<p>Webb links the increase in drilling, in part, to the recent rise in prices for crude oil and natural gas. \u201cOil is now <a href=\"https:\/\/www.bloomberg.com\/quote\/CL1:COM\" target=\"_blank\" rel=\"noopener\">above $60 a barrel<\/a>, which is what the industry always said that they needed to ramp up production,\u201d she says.<\/p>\n<p>Experts also connect the boom to the policies of the Trump administration, which has prioritized the extraction of oil, natural gas and coal over the development of renewable energies even as the planet continues to warm. \u201cThat the hottest years in human history coincide with a dramatic increase in U.S. drilling for oil and gas is a reminder of what a rogue nation we now live in,\u201d says noted environmentalist <a href=\"http:\/\/www.billmckibben.com\/\" target=\"_blank\" rel=\"noopener\">Bill McKibben<\/a>.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Drill, Baby, Drill: The U.S. Added 38 Percent More Oil and Gas Rigs Last Year Burn, baby, burn: Experts express fear about the enormous climate impact of this boom in new fossil fuel development. The number of oil and gas rigs in the United States has increased an astonishing 38 percent over the past year. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[140,141,18492,18494,1729,18493,18491,827],"class_list":["post-30867","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-climate","tag-climate-change","tag-drill-baby-drill","tag-john-r-platt","tag-oil-and-gas-industry","tag-oil-and-gas-rigs","tag-the-revelator","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30867"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30867\/revisions"}],"predecessor-version":[{"id":30868,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/30867\/revisions\/30868"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}