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In their effort to increase profit while reducing the strain on the environment, oil and gas companies are constantly looking for innovative ways to extract shale from the Earth. Depending on who you ask, the newest advancements for obtaining that shale differ greatly. Chesapeake Energy, for example, is practicing something called, “monster fracking” which could potentially boost well output 70 percent. In Colorado, though, they’re hedging their bets on a new advancement in lateral fracking
On October 18, the former head honcho at Greenpeace UK, Stephen Tindale, released an editorial in The Sun in which he called hydraulic fracturing a central part of the solution when it comes to fighting climate change. As the UK begins to explore the benefits of hydraulic fracturing, Tindale’s endorsement has big implications not only for his country, but for the world as a whole. Tindale spoke particularly about the need for Britain to supplant
In recent weeks, as the 2016 Presidential election has lumbered ever-closer, we’ve taken a look at the specific stances that both candidates bring into the fray. From Hillary Clinton’s knack for double talk to Donald Trump’s serious need for an education, no matter how things turn out, the oil and gas industry will end up in a state of flux. However, that may not be such a bad thing for oil and gas, as both
With November 8 just around the corner, America is a few short weeks away from making a pretty tough decision. Neither Donald Trump nor Hillary Clinton may be a particularly desirable choice, on the second Tuesday in November every citizen will cast their ballot for President of the United States. For those millions of Americans who rely on oil and gas for their livelihood, each candidate’s stance on the industry is a crucial component of
We’re just a few short weeks away from the conclusion of one of the most contentious Presidential elections in recent memory. The candidates might be imperfect (to put it lightly), but like it or not, the American public will be dealing with the repercussions of voting day for years to come. Before we all shuffle into a booth on November 8, it’ll be important to understand the oil and gas policies of the primary candidates and how they’ll
The hydraulic fracturing industry is repeatedly under fire from those who would love to prove that natural gas extraction is not only harmful to the environment, but a constant danger to the employees who work on the job. From environmental groups to newspapers, it seems a small army has aligned to demonize an entire industry. More often than not, these attacks are so intent on proving their point that they only provide half the story.
Every year, the US Department of Energy puts out a statistical analysis of the country’s oil and natural gas standing. How much we’re using, how much we’re buying, that kind of thing. This Annual Energy Outlook (AEO), which is produced by the DOE’s statistics branch, the Energy Information Agency, also includes a prediction on the country’s net oil and gas usage over the next few years. This year’s AEO had some pretty big surprises for
In the growing debate over hydraulic fracturing, it would seem that Colorado is steadily becoming the front line for both the oil and gas industry and fracking protestors. In light of recent legislation failures in the state, though, there’s evidence to suggest the controversy is more hype than reality. Members of the oil and gas industry and the citizens who rely on it for economic stability had a few moments of respite recently when two
Weld County, Colorado produces 90 percent of the state’s oil. Despite all of this oil production, the Colorado Department of Public Health and Environment has not seen any indication that the general health of this community has been affected by this work. “I’m not going to tell anybody to go drink a pint of liquid petroleum or stand over an active well site and wave the fumes in to breath them in,” executive director and
In spite of very vocal objections to hydraulic fracturing from environmentalists, emerging science and financial numbers indicate that fracking isn’t nearly as harmful as its opponents would have you believe. It’s really a matter of perspective, when it comes down to it. Most of us don’t stop to think that the United States built its industrial foundation on energy practices that were extremely harmful to the environment. Not so long ago, several major cities in