New estimates released Friday, October 4, by the Energy Information Administration (EIA), shows the United States (U.S.) pulling ahead of both Saudi Arabia and Russia in oil and natural gas production in 2013. There’s no doubt that this rise to the top is a result of recent development in a new drilling technique known as fracking, … Continue reading
Tag Archives: Hydraulic fracturing
“Bad Romance”: Shale Gas Boom and the Emergence of Strange Alliances
Shale gas discoveries has proliferated in the United States as hydraulic fracturing and horizontal drilling, a relatively new technology, has allowed an efficient way to extract shale gas, producing a cheaper and cleaner source of energy than coal. The shale gas boom happening in the United States which has resulted in an economy-boosting decrease in gas prices … Continue reading
Do Environmental Regulations and Economic Growth Conflict?
The environment is one of those things like education or jobs. No one says they are against job creation. No one claims to be anti-education. Nobody (despite what environmentalists may tell you) wants to destroy the environment, or eradicate the habitat of this or that endangered species. These things happen, of course. Jobs are lost, … Continue reading
More Fracking Regulations Reignite Debate
The Bureau of Land Management has released a new proposal for rules governing the use of hydraulic fracturing on federal land. This proposal contains revisions from last year’s proposal that better balance environmental and business interests over the controversial drilling technique. Hydraulic fracturing, or ‘fracking,’ has been used in conventional, vertical wells since at least … Continue reading