{"id":744,"date":"2014-10-28T06:47:42","date_gmt":"2014-10-28T10:47:42","guid":{"rendered":"http:\/\/olduvai.ca\/?p=744"},"modified":"2014-10-28T06:47:42","modified_gmt":"2014-10-28T10:47:42","slug":"the-revolution-that-wasnt-why-the-fracking-phenomenon-will-leave-us-high-and-dry-post-carbon-institute","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=744","title":{"rendered":"The Revolution That Wasn\u2019t: Why the Fracking Phenomenon Will Leave Us High and Dry Post Carbon Institute"},"content":{"rendered":"<p><a href=\"http:\/\/www.postcarbon.org\/the-revolution-that-wasnt-why-the-fracking-phenomenon-will-leave-us-high-and-dry\/\">The Revolution That Wasn\u2019t: Why the Fracking Phenomenon Will Leave Us High and Dry Post Carbon Institute<\/a>.<\/p>\n<h4 style=\"font-family: 'Archivo Narrow', sans-serif; font-size: 20px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; clear: none; line-height: 1.1em; color: #419639; padding: 0px; margin: 0px; border: 0px initial initial;\">A new,\u00a0<a style=\"font-family: inherit; font-size: 20px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; color: #149dc7; padding: 0px; margin: 0px; border: 0px initial initial;\" title=\"Drilling Deeper\" href=\"http:\/\/www.postcarbon.org\/publications\/drillingdeeper\/\">landmark report<\/a>\u00a0shows that hopes of a long-term golden era in American oil &amp; gas production are unfounded.<\/h4>\n<p style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; padding: 0px; margin: 0px 0px 1.5em 0px; border: 0px initial initial;\">\nAmerica\u2019s energy landscape has undergone a dramatic shift over the last decade\u2014literally and figuratively\u2014as a result of the widespread use of horizontal drilling and hydraulic fracturing (\u201cfracking\u201d). Whole areas of the country have been transformed in a matter of months, while the fossil fuel industry has reversed the decades-long decline in crude oil production and increased natural gas production to record highs. Thanks to shale gas and tight oil (\u201cshale oil\u201d), by 2013 annual crude oil production was\u00a0<a style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; color: #149dc7; padding: 0px; margin: 0px; border: 0px initial initial;\" href=\"http:\/\/www.eia.gov\/dnav\/pet\/hist\/LeafHandler.ashx?n=PET&amp;s=MCRFPUS1&amp;f=A\">24% higher<\/a>\u00a0and natural gas was<a style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; color: #149dc7; padding: 0px; margin: 0px; border: 0px initial initial;\" href=\"http:\/\/www.eia.gov\/dnav\/ng\/hist\/n9010us2a.htm\">20% higher<\/a>\u00a0compared to just ten years earlier.<\/p>\n<p style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; padding: 0px; margin: 0px 0px 1.5em 0px; border: 0px initial initial;\">While this achievement is impressive, it pales in comparison to the sea change that has been triggered in \u201cconventional wisdom\u201d about our energy future. In a few short years we have gone from\u00a0<a style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; color: #149dc7; padding: 0px; margin: 0px; border: 0px initial initial;\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2006\/01\/31\/AR2006013101468.html\">President Bush warning<\/a>\u00a0that the U.S. was addicted to oil and dangerously reliant on Middle East imports to fears of a production glut, as a recent\u00a0<a style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; color: #149dc7; padding: 0px; margin: 0px; border: 0px initial initial;\" href=\"http:\/\/www.nytimes.com\/2014\/10\/08\/business\/energy-environment\/reversing-the-flow-of-oil-.html?ref=businessspecial2\"><em style=\"font-family: inherit; font-size: 15px; font-style: italic; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; padding: 0px; margin: 0px; border: 0px initial initial;\">New York Times<\/em>\u00a0article<\/a>\u00a0stated:<\/p>\n<p style=\"font-family: inherit; font-size: 15px; font-style: inherit; font-weight: inherit; outline-width: 0px; outline-style: initial; outline-color: initial; vertical-align: baseline; padding: 0px; margin: 0px 0px 1.5em 0px; border: 0px initial initial;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Revolution That Wasn\u2019t: Why the Fracking Phenomenon Will Leave Us High and Dry Post Carbon Institute. A new,\u00a0landmark report\u00a0shows that hopes of a long-term golden era in American oil &amp; gas production are unfounded. America\u2019s energy landscape has undergone a dramatic shift over the last decade\u2014literally and figuratively\u2014as a result of the widespread use [&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],"tags":[331,412,722,798,834],"class_list":["post-744","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-fracking","tag-hydraulic-fracturing","tag-shale-gas","tag-tight-oil","tag-us"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/744","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=744"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/744\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}