A survey commissioned by environmental group Greenpeace has spectacularly backfired as it revealed that more people support fracking than oppose it. The group, supported by Green party MP Caroline Lucas, tried to bury the inconvenient result of the report in
A report that helped prompt prominent doctors to call for fracking to be banned on medical grounds has been found to have been written in part by an anti-fracking campaigner with links to Friends of the Earth. The “expert” report
Only an hour after the Obama administration released new rules for hydraulic fracturing, also known as fracking, the oil and natural gas industry had a response to the rules.
The Obama administration said Friday it is requiring companies that drill for oil and natural gas on federal lands to disclose chemicals used in hydraulic fracturing operations.
The U.S. Energy Information Administraiton (EIA) has released a Drilling Productivity Report (DPR) that shows the U.S. drilling rig count in the four major “tight-oil” regions of the Permian, Eagle Ford, Bakken, and Niobrara fields fell 32%, from their October peak of 1160 to 780 rigs. However, despite a 65 percent crude oil price decline and the rig count at the lowest level in almost four years, the EIA predicts that production from these four regions is 500,000 barrels per day higher than in October. That translates to a $25 per barrel break-even price, meaning U.S. crude oil prices will remain low.
Putin’s return leaves more questions than answers for Russia; The talking points of the Russian and Chinese internet trolls; Oil prices continue to crash
According to a new study released on Wednesday, underground wastewater injection wells used in hydraulic fracturing, or “fracking,” have virtually no role whatsoever in the earthquakes in the North Texas area during the past few years. The study was conducted by a group affiliated with the petroleum industry, but used publicly available data on seismic activity in the region and a long list of independent peer-reviewed scientific research to reach this conclusion.
In the relative calm of an early morning where North Texas was bracing for a rare snow storm, the Dallas suburb of Irving got a wake-up call, literally, on Friday, February 27, when a small 3.1 magnitude earthquake struck at 6:18 AM, according to the US Geological Survey (USGS). This was the first temblor felt in a month.
Posters mocking Ed Begley Jr. and Robert Kennedy Jr. have popped up in Hermosa Beach, California and other nearby neighborhoods ahead of the pair’s appearance at an environmental event Thursday.
We will finally learn, after more than 40 years of not knowing, what the free market supply/demand price of crude truly is. This knowledge will make it harder for secretive governments and corporations to manipulate prices in the future, while strengthening domestic production to weather supply shocks in the future.
Columnist George Will reacted to a clip of Joy Behar attacking “neanderthal thinking on the right” by pointing out that many of her fellow leftists believe pseudoscience about fracking and GMOs on Tuesday’s “Special Report” on the Fox News Channel.
The Environmental Protection Agency (EPA) has taken yet another regulatory action to interfere with oil and gas production – long considered an activity with de minimus impact on air quality. The Agency now sets its sights on methane, which is the primary component of natural gas. Methane emissions from natural gas systems have fallen by 14.3% from 2008-2012. Any leaks from hydraulically fractured natural gas wells have fallen by 73% from 2011-2013. In this same time frame, the U.S. has become the world’s leading producer of natural gas, nearly quadrupling production rates from those in 2008, as well as increasing natural gas pipelines by 30%. In spite of the steep decline of methane emissions and steady economic growth, the White House recently moved forward with the Climate Action Plan, directing the EPA to propose expansive rules by the summer of 2015. The new regulations aim to reduce methane emissions by 40-45% from 2012 levels by 2025 through a series of actions targeting the oil and gas industry.
Scottish Ministers are deliberately misleading the Scottish public by pretending that their objections to fracking are environmental rather than political, a leading expert has angrily stated. He has been backed up by Scottish Conservatives, who have accused the Scottish National
The Labour Party derailed Britain’s shale gas revolution last night by forcing the government to amend a new law giving fracking the go-ahead to include onerous regulations. Despite delivering lower energy prices in America, where fracking for shale gas has been embraced, Members of
As MPs prepare to vote on a Bill which would pave the way for shale gas extraction, or fracking, to take place in the UK, the MPs who make up the Environmental Audit Committee have been accused of placing green
Iranian President Hassan Rouhani said on Tuesday that nations responsible for the downward spiral of oil prices will suffer.
For the first time since 2009, the price of United States oil fell below $50 a barrel, and Brent crude (West Texas Intermediate crude) fell to a five-and-a-half year low of $51.12 per barrel. That statistic is in great part due to fracking and a global excess in oil supply, combined with OPEC’s refusal to slow its production.
On Tuesday, the Commerce Department released revised GDP figures that showed third quarter growth at 5%, the strongest third-quarter growth in eleven years.
With fracking and shale oil production putting increasing pressure on OPEC, Saudi Oil Minister Ali al-Naimi issued bold and startling remarks to the Middle East Economic Survey, announcing OPEC is prepared to let oil prices fall to $20 a barrel.
The government’s chief scientific advisor Sir Mark Walport has slammed an article published in the Guardian that drew comparisons between fracking, asbestos and thalidomide as examples of innovations that had unforeseen consequences. In doing so they were attempting to discredit
