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fracking

Photographer: Ty Wright/Bloomberg

Oil drops below $45; U.S. stockpiles may speed collapse

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Goldman Sachs Group Inc. said crude needs to drop to $40 a barrel to “re-balance” the market, while Societe Generale SA also reduced its price forecasts.
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In this Jan. 8, 2015 photo, an environmentalist concerned about global warming wears a statement t-shirt at a public hearing in Eatontown, N.J. on a proposed offshore terminal for imports of liquefied natural gas. Liberty Natural Gas wants to build the facility off the coasts of New York and New Jersey. Business and labor groups support the plan, but environmentalists oppose it, saying it is really a plan to facilitate exports of natural gas obtained by hydraulic fracturing, a technique they oppose. (AP Photo/Wayne Parry)

Idea for gas terminal off East Coast rankles fracking foes

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Liberty Natural Gas wants to build a deep-water port in federal waters 19 miles off Jones Beach, New York, and 29 miles off Long Branch, New Jersey. Its stated purpose is to bring additional natural gas into the New York area during times of peak demand, thereby lowering home-heating prices.
(AP Photo/Richard Drew, File)

NY fracking ban seen as having little impact on supply

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Scientists say New York’s available reserves of natural gas in the sprawling Marcellus Shale are minuscule compared to what can be extracted in other states such as Pennsylvania and West Virginia.
(Photo: Kim Christensen for the Houston Chronicle)

Study links Ohio earthquakes to Houston company’s wells

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Earthquakes that shook an Ohio town last year are linked to hydraulic fracturing, according to a new study published by a scientific journal today.
(AP Photo/Hasan Jamali)

Midland Basin oil worker talks crude prices, fracking bans in Reddit AMA

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The worker answered dozens of questions from Redditors on life as a roughneck and the feelings among workers as dropping crude prices threaten to halt drilling.
On Dec. 17, 2014, New York environmental conservation commissioner Joseph Martens, right, explains the department's findings on hydraulic fracturing during a cabinet meeting at the Capitol in Albany, N.Y. At left is acting health commissioner Dr. Howard Zucker.  (AP Photo/Tim Roske)

NY farmers lament lost opportunity for gas riches

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While environmental groups are doing a victory dance over New York’s decision to ban fracking, farmers such as apple grower David Johnson are grieving for dashed hopes and dreams.
(AP file photo)

Nature defends natural gas story over EIA objections

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A Nature article from early December questioning how long the North American natural gas boom could really last earned stinging letters this week from the EIA and University of Texas researchers.
New York Gov. Andrew Cuomo, left, in April 2011. (Doug Benz/The New York Times)

New York health department says ‘no’ to fracking

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Dr. Howard Zucker unveiled his findings as part of Gov. Andrew Cuomo’s cabinet meeting early Wednesday afternoon.
A Gunnison Sage Grouse. (AP Photo/Colorado Parks and Wildlife, Dave Showalter)

Sage grouse scares off BLM oil, gas bidders in Nevada

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The U.S. Fish and Wildlife Service is expected to decide early next year whether to grant a petition by conservationists to list the bird as threatened or endangered.
American Petroleum Institute chief economist John Felmy. (Mayra Beltran / Houston Chronicle)

Economist: Crude price pinches oil industry, helps overall economy

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As crude plunges to its lowest level in years, the economic impacts will depend on who you are and where you live.