Why Hydraulic Fracturing is Not Necessarily Contaminating Water or Using More Water Per Unit of Oil Production
The 2014 US Midterm Elections significantly altered the balance of power in the US Congress. As a result, energy policy from now on ranks high on the upcoming Republican majority’s legislative agenda. Indeed, Republican leadership is wasting no time with both the US House of Representatives and the US Senate prepared to take up and vote on the approval of the Keystone XL pipeline in a matter of days, according to a report by Reuters.
This, however, has not been the only energy-related result from Election Night 2014.Voters in some communities in California, Ohio, and perhaps most surprisingly in Texas, chose to enact bans on fracking. Clearly, Texas has to be considered the standout here because it leads the nation in growth in oil and natural gas production jobs – this measure includes “extraction, drilling, and support jobs categories [while excluding] the many jobs at oil and natural gas corporate headquarters based in Texas” – as EIA data for the period 2003 through 2013 show.
Read the full article here: Water .
A good deal of the buzz generated by America’s ongoing energy revolution has centered on the way surging domestic production is changing the crude oil imports picture. No question, it’s a pretty one, with net imports as a share of consumption falling to levels not seen in nearly three decades. That’s great news for job creation, the economy, our balance of trade and America’s energy security.
But here’s another pretty picture: declining imports of liquefied natural gas (LNG). Actually, “declining” is too mild a term for what we’re seeing. Thanks to energy developed from shale using hydraulic fracturing and horizontal drilling, the U.S. has become the world’s No. 1 natural gas producer – which has dramatically cut the need to shop the world market for supplies of natural gas, illustrated in plummeting LNG imports:
Read the full article here: LNG Imports .
The US Department of Energy today granted Freeport LNG two final authorizations to export natural gas to non-Free Trade Agreement countries. The ruling authorizes Freeport to export up to 1.8 billion cubic feet of LNG per day for 20 years.
The DOE earlier this year changed its LNG permit approval process from a blanket first in – first out approach to one that prioritizes applications submitted for projects that have already completed environmental review required under the National Environmental Policy Act. The logic behind the change is that NEPA reviews of large industrial projects like liquefaction plants typically run into the millions of dollars, so projects that have invested in completing those environmental assessments are considered to be closer to taking a final investment decision than projects that have not completed the NEPA review process.
Read the full article here: Freeport LNG .
On the heels of its announcement of an order of 100 compressed natural gas-powered trucks from Ryder, C.A.T. announced an agreement with U.S. Oil to build five GAIN Clean Fuel CNG stations in the United States and Canada. The new station sites will be located in Toronto, Montreal, Laredo, Texas, Charlotte, N.C. and Scranton, Penn. U.S. Oil currently has 38 GAIN stations in operation or under construction.
Read the full article here: Ryder .