• Obama’s Energy Secretary: Fracking Has Been Good For The Environment

    • Date: 16/08/16
    • John Siciliano, The Washington Examiner

    The oil and gas boom is reducing U.S. greenhouse gas emissions, U.S. Energy Secretary Ernest Moniz said Monday. U.S. Energy Secretary Ernest Moniz “The increased production of oil and natural gas in the United States has, obviously, been a major story in terms of our economy, and also our environment,” Moniz said at a field […]

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  • Hail Shale: World Shale Oil Production To More Than Double By 2040

    • Date: 13/08/16
    • U.S. Energy Information Administration

    World tight [i.e. shale] oil production is expected to more than double between 2015 and 2040, increasing from 4.98 million barrels per day (b/d) in 2015 to 10.36 million b/d in 2040, according to the U.S. Energy Information Administration’s International Energy Outlook 2016 (IEO2016) and Annual Energy Outlook 2016 (AEO2016). Most of the projected increase […]

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  • Chamber Of Commerce: ‘Let’s All Benefit From Lancashire’s Shale Gas Industry’

    • Date: 12/08/16
    • Lancashire Evening Post

    Business people are getting behind controversial plans to let Lancashire householders share a cash pot to help get the shale gas industry going. Many residents are opposed to the Government’s proposed new cash offer to households to offset the impacts of fracking. But the move has found support from members of the business community. Babs […]

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  • UK Starts Importing U.S. Shale Gas While It Sits On Enough Gas To Last 500 Years

    • Date: 11/08/16
    • Craig Woodhouse, The Sun

    BRITAIN is to start importing shale gas in weeks as we sit on vast untapped reserves of our own. The revelation yesterday sparked pleas for Theresa May to end the stalemate over fracking for the fuel here. Delay … drilling companies are waiting for a green light from Downing Street, photo PA Energy firm boss […]

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  • Black Gold Rush: American Shale Revolution Has Created One Million Jobs & Slashed Energy Bills

    • Date: 07/08/16
    • Caroline Graham, Mail on Sunday

    Exploitation of new oil and gas reserves by fracking shale rock has transformed the US economy since it started just 11 years ago – creating at least a million jobs and slashing electricity bills and greenhouse gas emissions. The scale of this energy revolution is almost unimaginable. The Marcellus shale bed in Pennsylvania is thought […]

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  • OPEC’s Nightmare: US Shale Revolution Alive And Kicking

    • Date: 02/08/16
    • Ambrose Evans-Pritchard, The Daily Telegraph

    Opec’s worst fears are coming true. Twenty months after Saudi Arabia took the fateful decision to flood world markets with oil, it has still failed to break the back of the US shale industry. The Saudi-led Gulf states have certainly succeeded in killing off a string of global mega-projects in deep waters. Investment in upstream […]

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  • Shale Ready To Tango With The Saudis

    • Date: 31/07/16
    • The American Interest

    The underlying strengths of the American shale boom is ts ability to constantly improve, iterate, and innovate new techniques and technologies to bring costs down while boosting output. When oil prices first started falling two summers back, market observers turned their attention to OPEC to see if the cartel would constrain production to stop the […]

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  • Another Green Debacle: As Corn Devours U.S. Prairies, Greens Reconsider Biofuel Mandate

    • Date: 28/07/16
    • Jennifer A Dlouhy, Bloomberg

    Environmentalists who once championed biofuels as a way to cut pollution are now turning against a U.S. program that puts renewable fuels in cars, citing higher-than-expected carbon dioxide emissions and reduced wildlife habitat. More than a decade after conservationists helped persuade Congress to require adding corn-based ethanol and other biofuels to gasoline, some groups regret […]

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