As we move into the holiday season in earnest, here’s a little takeaway that indicates global tension and the world’s energy competition may not be so cutthroat as you might be led to believe. Towering Oil and Gas Achievements The decade is coming to a close, and when it comes to the United States energy sector, the last ten years have been filled with ups and downs. After a near-cataclysmic dip in price and production
Russian President Vladimir Putin made headlines this week when he spoke out against shale development. In the grand tradition of everything Putin says, however, his newfound support of environmentalism is hardly trustworthy. Shale is ‘Barbaric’ On Wednesday, Vladimir Putin gave a speech to a group of businesspeople in Moscow in which he decried the world’s growing reliance on shale. “Today’s technology of shale oil production and shale gas are without any doubt … barbaric,” stated the
Every day, across the nation, thousands of barrels of oil and natural gas are extracted and processed. In the last five years, the amount of oil and gas extracted has risen by staggering amounts thanks to innovations like horizontal drilling, which have lowered operating costs and increased extraction efficiency. While most people living in the United States don’t give much thought to the shale revolution beyond the price they pay at the pump, the technological
As 2019 winds down, Democratic presidential hopefuls are beginning to fall away in droves, leaving only the true contenders in the field. As more and more candidates fall by the wayside, those that remain seem united on only two major topics. The first is their shared dislike for the current administration. The second is their outright loathing for hydraulic fracturing. Most candidates have been forthright in their aim to stamp out fracking in the United
If recent rumors are to be believed, a years-long campaign to establish fracking in the United Kingdom will soon come to a grinding halt. Minor tremors at a long-embattled Lancashire drilling site may have put the final nail in the UK fracking coffin. Relentless protests and unceasing anti-fracking sentiment in the nation’s media have turned the tide of public opinion against fracking in the United Kingdom. Earthquakes in Lancashire Over the last few months, English