Tag: fracking

Eagle Ford is nation’s top guzzler of water for fracking

Find out which drilling regions in Texas — and across the country — use the largest amount of water for hydraulic fracturing  More »

Report: Chevron offered pizza coupons to residents near well explosion

Chevron offered coupons for pizza and soda to residents of a Pennsylvania community in the aftermath of a well explosion last week, the Philadelphia Daily News reports.  More »

Former Obama official: Fracking has never been an environmental problem

Former U.S. Secretary of Interior Ken Salazar said Wednesday morning that he believes hydraulic fracturing is safe, and the energy industry should work to convince the public that it doesn’t pose a safety threat.  More »

Former Interior chief to open NAPE with insights on fracking

Salazar is set to speak at the North American Prospect Expo, a conference marked by a frenzy of wheeling and dealing, as landowners from around the globe look to make deals with oil, gas and pipeline companies.  More »

Property owners threaten second suit over delay on fracking study

A coalition of property owners announced that it will sue New York state over its delay in issuing a long-awaited environmental impact statement on hydraulic fracturing unless the state provides a reasonable timeline by Feb. 13 for finalizing the process.  More »

Pumps move to the Permian under market pressure

Rigs designed for horizontal drilling made a big move last year into the Permian Basin, the last major U.S. oil patch to remain a stronghold for older vertical units. But that’s small relief two years after a surge of oil field services startups left the U.S. market with far too much fracturing equipment and sent prices for fracturing jobs plummeting.  More »

How America’s fracking boom helps boost treasuries demand

With the U.S. economy relying less on oil and gas imports than at any time in two decades, energy expenses for Americans have fallen and cut into inflation more than any other living cost in the past year, according to data compiled by the Labor Department.  More »

Are injection wells helping spark Texas quakes?

The widespread use of hydraulic fracturing to extract natural gas and oil from shale formations has increased the need for disposal wells, which are used to send wastewater deep underground. And there is some evidence they can cause quakes.  More »

European Union drafting ‘minimum’ guidelines for fracking shale

The European Union plans “minimum” guidelines for shale fracking, under proposals that may facilitate oil and gas drilling using the contested technique that’s brought the U.S. toward energy independence, according to a draft statement.  More »

Students’ debate over fracturing could be fractious

The nation’s 16 best moot-court programs are preparing to face off at the federal courthouse in Houston this month. They’ll be debating an issue at the heart of the United States current energy boom: hydraulic fracturing.  More »

10 Things to Consider About the Marcellus Shale

If the Marcellus Shale were a country, it would rank 8th in the world in terms of natural gas production, producing more than Saudi Arabia.  More »

Groups to demonstrate for NY ban on ‘fracking’ at speech

Environmental groups opposed to natural gas drilling using high-volume hydraulic fracturing plan to make a lot of noise at the Empire State Plaza this week.  More »

Exxon Russia ambitions show oil trumps Obama-Putin spats

As Barack Obama and Vladimir Putin argue over human rights in Russia and the fate of fugitive U.S. intelligence analyst Edward Snowden, the countries’ biggest oil companies are preparing to drill for giant discoveries together in the Arctic Ocean.  More »

Survey finds few know what fracking really is

In a recent survey published by researchers at Oregon State, George Mason and Yale universities, more than half of respondents reported knowing little or nothing of fracking. And almost 60 percent of those surveyed said they had no opinion on the subject.  More »

Hydraulic fracturing reduces threat of Texas drought, researchers say

The water saved by shifting a power plant from coal to natural gas is 25 to 50 times as great as the amount of water required to extract the natural gas through hydraulic fracturing, according to a University of Texas study released Thursday.  More »