Keyword: fracking

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  • Ethane Storage Could Bring 100,000 Jobs to the Ohio Valley

    08/29/2017 10:20:41 PM PDT · by 2ndDivisionVet · 25 replies
    The Intelligencer ^ | August 30, 2017 | Casey Junkins, Business/Energy Writer
    CANONSBURG, Pa.–West Virginia University researchers believe a Marcellus and Utica shale ethane storage hub could help create $36 billion in investment and more than 100,000 permanent jobs — some of which could occur at industrial sites left behind by Wheeling-Pittsburgh Steel, Weirton Steel and Ormet Corp. During a Tuesday conference, WVU Energy Institute Director Brian Anderson said drillers throughout the region are now producing about 460,000 barrels of ethane per day — almost three times the total amount of ethane expected to be used per day at the Royal Dutch Shell ethane cracker set for Beaver County, Pa. and the...
  • Frack This

    08/27/2017 3:18:22 PM PDT · by Hojczyk · 13 replies
    Powerline ^ | August 27,2017 | Steven Hayward
    I do hope that New York Governor Andrew Cuomo runs for president in 2020, and further that he is the Democratic nominee. He appears determined to make upstate New York into the East Germany of America by his intransigent refusal to allow fracking to produce natural gas, this keeping shale gas-rich upstate New York from enjoying the same kind of prosperity as western Pennsylvania and eastern Ohio. Cuomos anti-gas bias extends to using state power to block natural gas pipelines intended to serve New England that have received federal approval. So lots of New Englanders will have continue using more...
  • Is New York About To Face An Energy Crisis?

    08/24/2017 7:36:54 AM PDT · by bananaman22 · 20 replies
    Oilprice.com ^ | 24-08-2017 | Irina
    Amid the fracking boom that brought natural gas prices to historic lows and led to the transition of a lot of power generation capacity from coal to gas, New York and New England may face power shortages tantamount to an energy crisis due to state policies in recent years that have effectively banned fracking and blocked pipelines that would bring in gas, writes the editorial board of the Wall Street Journal. Ever since the previous governor, David Paterson, introduced a moratorium on fracking in New York back in 2010, the state has become a poster city for the drive towards...
  • Russia claims to have invented an alternative to fracking

    08/22/2017 9:58:55 AM PDT · by Rebelbase · 30 replies
    oilprice.com ^ | 8/20/17 | Tsvetana Paraskova
    Russian scientists and local oil field services companies claim to have created a technology for thermochemical gas fracturing that could be an alternative to hydraulic fracturing and could increase oil production by between 1.7 and 6 times, Russias news agency RIA Novosti reports, citing the University of Tyumens press service.The chemicals react and emit heat and gas, which makes extraction easier and lifts well productivity, according to the scientists and researchers. The other upside in the technology, the Russians claim, is that the main component in the chemical reactions is ammonium nitrate, which is often used as fertilizer.According to Professor...
  • Russia Claims To Have Invented Alternative To Fracking

    08/22/2017 1:06:59 AM PDT · by 2ndDivisionVet · 25 replies
    Oil Price ^ | August 17, 2017 | Tsvetana Paraskova
    Russian scientists and local oil field services companies claim to have created a technology for thermochemical gas fracturing that could be an alternative to hydraulic fracturing and could increase oil production by between 1.7 and 6 times, Russias news agency RIA Novosti reports, citing the University of Tyumens press service. In hydraulic fracturing, rocks are fractured with high-pressure injection of fluids, while the new breakthrough technology, as claimed by Russian scientists and media, is creating chemical reactions in the strata that contain oil. The chemicals react and emit heat and gas, which makes extraction easier and lifts well productivity, according...
  • Gasland: Cabot Oil Sues Anti-Fracking Resident Of Dimock, PA For $5 Milliion

    08/08/2017 5:01:29 PM PDT · by Hojczyk · 4 replies
    Hotair ^ | August 8,2017 | John Sexton
    In April, a Dimock, PA resident named Ray Kemble filed a lawsuit against drilling company Cabot Oil and Gas. Two months later, Kemble and his lawyers withdrew that lawsuit. Now Cabot is suing Kemble claiming his lawsuit was frivolous and an attempt to extort the company. From the Associated Press: Cabot Oil & Gas Corp. said Dimock resident Ray Kemble and his lawyers sought to harass and extort the Houston-based driller, attract media attention and poison the community by recycling stale, settled claims against the company. Cabot will protect its rights and pursue justice against those who irresponsibly and maliciously...
  • The Curious Case of Rainer Baake

    08/02/2017 7:21:14 AM PDT · by afraidfortherepublic · 3 replies
    The American Thinker ^ | 8-2-17 | David Archibald
    Are you worried about the Russian influence on the presidential election? If so, there's a chance you are at least eight years too late. Consider the curious case of Rainer Baake, born in 1955 in the West German town of Witten. From his German Wikipedia entry (translated): After the Abitur (final high school examinations), Rainer Baake worked as a Community Organizer in Chicago from 1974 to 1978. So a 19 year old German went from a small town in Germany to be a community organiser in Chicago for four years. This is as strange as a 19-year-old African-American would be...
  • US Fracking Has Totally Devastated Canadas Energy Industry

    07/30/2017 3:04:56 AM PDT · by Trump20162020 · 69 replies
    The Daily Caller ^ | Andrew Follett
    Booming energy production from U.S. hydraulic fracturing operations has hurt Canadian oil and gas projects, according to a report by Bloomberg. Canadian energy projects have become less competitive than their U.S. equivalents for a variety of reasons, including tightening regulations, long approval processes and environmentalist opposition. Canadian Prime Minister Justin Trudeaus attempts to expand energy exports while reducing the countrys greenhouse gas emissions has further complicated the issue. Petroliam Nasional cancelled a $27 billion liquefied natural gas (LNG) export project Wednesday due to an extremely challenging environment for business. This followed a slew of sell-offs by major oil companies, including...
  • Lawmakers Cite Evidence Russia Colludes With US Green Groups to Block Fracking

    07/12/2017 6:07:17 PM PDT · by Brilliant · 20 replies
    Daily Signal ^ | Kevin Mooney
    Forget about allegations of Russian interference in U.S. presidential elections for a moment, or even collusion between Russian officials and Trump campaign operatives. The real action is in the European and U.S. energy markets, according to a letter from two Texas congressmen to Treasury Secretary Steven Mnuchin that details what they call a covert anti-fracking campaign with little or no paper trail. Smith and Weber quote sources saying the Russian government has been colluding with environmental groups to circulate disinformation and propaganda aimed at undermining hydraulic fracturing. Commonly called fracking, the process makes it possible to access natural gas deposits....
  • US Environmentalists May Have Secretly Taken Russian Cash

    07/10/2017 1:23:07 PM PDT · by TBP · 28 replies
    The Daily Caller ^ | July 10, 2017 | MICHAEL BASTASCH
    House lawmakers want the Trump administration to investigate reports that a wealthy foundation used an offshore shell company to give millions of dollars to environmental activists opposed to U.S. energy development. If you connect the dots, it is clear that Russia is funding U.S. environmental groups in an effort to suppress our domestic oil and gas industry, specifically hydraulic fracking, Texas Republican Rep. Lamar Smith said Friday. Smith and Texas Republican Rep. Randy Weber asked Treasury Secretary Steve Mnuchin to investigate whether or not environmentalists were funneling money to U.S. environmental groups through a Bermuda-based shell company. Republicans are pitching...
  • The mysterious (and continuing) fall in Saudi foreign reserves

    06/29/2017 9:06:41 AM PDT · by Lorianne · 12 replies
    Reuters ^ | 28 June 2017 | Torchia
    Net foreign assets at Saudi Arabia's central bank, a measure of its ability to support its currency, look set to fall sharply this year as oil prices slump and Riyadh expands its sovereign wealth fund to invest abroad. They shrank from a record high of $737 billion (578.36 billion pounds) in August 2014 to $529 billion at the end of 2016 as the government liquidated some assets to cover the huge budget deficit caused by the fall in oil prices. This year, an austerity drive and a partial rebound in oil prices have helped Riyadh make progress in cutting the...
  • China opens gates to US beef imports [and natural gas/ some financial services]

    06/21/2017 8:34:11 PM PDT · by GonzoII · 32 replies
    AFP/Yahoo ^ | 21 June 2017
    Beijing (AFP) - China opened its gates to US beef imports this week, giving American cattle farmers much sought-after access to the country's massive market following a 14-year ban. Shipments of eligible US beef have been allowed to enter China since Tuesday, the General Adminstration of Quality Supervision, Inspection and Quarantine said in a statement. Announced last month, the lifting of the beef embargo was one of the first concrete results of trade discussions that began when Chinese President Xi Jinping met with Donald Trump at the US leader's resort in Florida in April.
  • EXCLUSIVE: Dem Super-Lobbyist Podesta Got $170K To End US Sanctions On Russian Bank

    03/07/2017 4:59:08 AM PST · by kevcol · 17 replies
    Daily Caller News Foundation ^ | March 6, 2017 | Richard Pollock
    Democrat super-lobbyist Tony Podesta was paid $170,000 over a six-month period last year to represent Sberbank, Russias largest bank, seeking to end one of the Obama administrations economic sanctions against that country, The Daily Caller News Foundations Investigative Group has learned. Podesta, founder and chairman of the Podesta Group, is listed as a key lobbyist on behalf of Sberbank, according to Senate lobbying disclosure forms. His firm received more than $24 million in fees in 2016, much of it coming from foreign governments, according to the nonpartisan Center for Responsive Politics.
  • Energy Revolutions Hidden In Plain Sight: Part 1 of 3 -- Shale Crushes Solar

    04/27/2017 9:06:33 AM PDT · by Hojczyk · 18 replies
    RealClear Energy ^ | April 26,2017 | By Mark P. Mills
    While thats quite remarkable, wind and solar together still supply less than 1.5% of Americas energy. Fast growth from a small number is like winning $100 in Vegas on a $10 bet. Nice, but not life-changing. To find a radical and pervasive change in energy markets we have to look elsewhere. Over the same decade noted above, the amount of energy added to America from shale hydrocarbons was 2,000% greater than the additional supply from solar and wind combined. That actual revolution also happened because of the maturation of new technologies. But, notably, in this case it took place without...
  • $4.24M verdict in Pennsylvania drilling lawsuit tossed

    04/01/2017 5:03:05 PM PDT · by Olog-hai · 9 replies
    Associated Press ^ | Apr 1, 2017 2:49 PM EDT | Ron Todt
    A federal judge has thrown out a $4.24 million jury verdict against one of the largest natural gas producers in Pennsylvania and ordered a new trial in a lawsuit alleging Houston-based Cabot Oil & Gas Corp. contaminated the well water of two families. U.S. Magistrate Judge Martin Carlson on Friday set aside the verdict reached a year ago by a jury in Scranton, saying the evidence presented by the Dimock homeowners was spare, sometimes contradictory, frequently rebutted by other scientific expert testimony, and relied in some measure upon tenuous inferences. Carlson also said the plaintiffs presented no evidence that would...
  • Trump Fracking Rule Repeal Unshackles Energy Industry

    03/18/2017 10:27:10 AM PDT · by Starman417 · 12 replies
    Flopping Aces ^ | 03-18-17 | Daniel John Sobieski
    The Trump administration has rightly decided to repeal an Obama administration rule on hydraulic fracturing or fracking as it is commonly known, a process which injects fluids under pressure to release oil and natural gas trapped in Americas vast shale formations. According to The Hill: The Trump administration is planning to repeal former President Barack Obamas landmark 2015 rule setting standards for hydraulic fracturing on federal land. Justice Department lawyers revealed the decision late Wednesday in a filing with the Denver-based Court of Appeals for the Tenth Circuit, where the federal government under had been fighting against the oil and...
  • Trump administration to repeal Obama'era fracking rule

    03/16/2017 7:18:02 AM PDT · by rktman · 17 replies
    americanthinker.com ^ | 3/16/2017 | Rick Moran
    President Donald Trump as a candidate promised to unshackle the American energy industry by undoing most of the job killing regulations created by the Obama administration. In a court filing, Justice Department lawyers revealed that the new administration is planning to repeal the Obama hydraulic fracturing rule, that placed severe restrictions on the process of getting oil and natural gas from shale. Earlier yesterday, the administration said they would roll back some of the automobile emissions standards and curtail other Obama administration environmental rules on water and coal leasing.
  • Trump admin halts Obama-era rule on fracking on public land

    03/16/2017 6:06:01 AM PDT · by Olog-hai · 10 replies
    Associated Press ^ | Mar 15, 2017 10:22 PM EDT | Matthew Daly
    The Trump administration is rolling back an Obama administration rule requiring companies that drill for oil and natural gas on federal lands to disclose chemicals used in hydraulic fracturing, better known as fracking. The administration said in court papers Wednesday that it is withdrawing from a lawsuit challenging the Obama-era rule and will begin a new rule-making process later this year. The Interior Department issued the rule in March 2015, the first major federal regulation of fracking, the controversial drilling technique that has sparked an ongoing boom in natural gas production but raised widespread concerns about possible groundwater contamination and...
  • Fracking Ban Passes House With Veto Proof Majority (Maryland)

    03/10/2017 9:28:52 PM PST · by 2ndDivisionVet · 27 replies
    WBAL-AM ^ | March 10, 2017 | Robert Lang
    The House of Delegates has approved a bill to permanently ban natural gas fracking in Western Maryland. The bill passed by a vote of 97-40. The 97 votes is 12 more than the minimum of 85 needed to override a veto from Governor Larry Hogan. That majority was important to the chairman of the committee hearing the bill in the Senate. The chairman of the Senate Education Health and Environmental Affairs Committee, Joan Carter Conway of Baltimore City, says she wont bring the bill to the Senate floor unless lawmakers have enough votes to override a possible veto from Governor...
  • Oil advocate: Industry under assault in NM; state is prime target for environmentalists

    02/27/2017 10:12:58 AM PST · by CedarDave · 12 replies
    Roswell Daily Record ^ | February 26, 2017 | RDR Staff
    SANTA FE Opposition to the shale oil extraction process known as fracking is growing, particularly among minorities, threatening the political viability of the oil industry in New Mexico, an oil and gas industry expert told state lawmakers Thursday. Claire Chase, the government affairs director for Mack Energy of Artesia, said while state government is heavily reliant on oil revenues, New Mexico is the most vulnerable state in the nation to increasing opposition to fracking and fossil fuels in general. She said a new culture of protests and activism has the oil and gas industry in its sights. Chase said...