Showing posts with label natural gas. Show all posts
Showing posts with label natural gas. Show all posts
Shale Revolution Deniers Face Inconvenient Truth
by Mark Perry. Peak what? Despite turning the U.S. into the world's largest producer of natural gas and driving a 3 million barrel per day surge in U.S. oil production in just the last three years, the shale revolution still has its doubters. They couldn't be more wrong. The Montreal-based Centre for Research on Globalization recently dismissed shale ... MOREKatie Kieffer: One Year of Fracking in CO. Creates More Jobs Than Has Obama’s Entire Economy For Millennials
If only government got out of the way. Fracking in the state of Colorado during the year 2012 created 111,000 jobs whereas Barack Obama’s entire economy has only generated 110,000 jobs for Millennials since 2007. What is wrong with our president? Does he suffer from a migraine headache or is he simply refusing to think straight? ... MOREU.S. To Become Bigger Oil Producer Than Saudi Arabia
The glory of fracking. Hector Gallegos sits in the cab of his pick-up enjoying a few hours of calm. A day earlier, workers finished carting off the huge rig that had drilled three new wells beneath this small patch of south Texas farmland and he’s now getting ready to prime them for production. He reckons that about three weeks from now ... MOREMichael Barone: The Audacity Of Frack
In praise of creative destruction. Capitalism, said economist Joseph
Schumpeter seven decades ago, is a process of creative destruction. New
inventions, new processes, new methods of organization lead to the
creation of new profitable and efficient businesses and to the
destruction of old ones unable to ... MOREU.S. Is Overtaking Russia As Largest Oil-And-Gas Producer
by Russell Gold and Daniel Gilbert. The U.S. is overtaking Russia as the world's largest producer of oil and natural gas, a startling shift that is reshaping markets and eroding the clout of traditional energy-rich nations. U.S. energy output has been surging in recent years, a comeback fueled by shale-rock formations of oil and natural gas ... MORETom Leonard: New Gold Rush Proves Anti-Frackers Wrong
The best economic news in decades. As he takes me on a tour of his buzzing little town, mayor Brent Sanford points out the acres of development that have already happened — the giant grocery store, the smart restaurant, the school extension and the endless housing developments. And he tells me what’s still to come — a smart ... MORE
Walter E Williams: Energy Manipulation
Lobbying for hypocrisy. Why is it that natural gas sells in the U.S. for $3.94 per 1,000 cubic feet and in Europe and Japan for $11.60 and $17, respectively? Part of the answer is our huge supply. With high-tech methods of extraction and with discovery of vast gas-rich shale deposits, estimated reserves are about 2.4 quadrillion cubic feet. ... MOREDeroy Murdock: Fracking - Clean And Green
Contrary to rumors, it’s environmentally friendly. The only thing deeper than a natural-gas well is the ignorance of the anti-fracking crowd. Fracking — formally called hydraulic fracturing — involves briefly pumping water, sand, and chemicals into shale formations far below Earth’s surface and the aquifers that irrigate crops and quench ... MORE
FRACKNATION: Journalist Searches For the Fracking Truth
by John F. McManus. More intensely than almost any other nation, we Americans are dependent on energy — to run businesses, heat and light homes and buildings, power the many forms of transportation we frequently take for granted, and more. Worry over recent years that the world is running out of energy, especially the sources known ... MORERonald Bailey: The Top 5 Lies About Fracking
A campaign of deception. Gasland Part
II, the sequel to director/activist Josh Fox's earlier
anti-fracking docudrama Gasland, will run on HBO next
Monday. It appears to have rounded up the usual corporate villains
and appealing victims of profit-hungry capitalist skullduggery,
rather than telling the more substantial story: that ... MORERobert H. Nelson: The Fractured Left
Good news on natural gas is bad news for Democrats. Much has been said recently about the deep tensions within the
Republican party. Far less has been said about a sharp division arising
inside the Democratic party. That latter tension was front and center recently when former Pennsylvania governor Ed Rendell wrote an op-ed piece ... MOREGuy F. Caruso: Recognizing America's New Energy Reality
Energy trade, not restrictions/taxes, will advance growth. In less than a decade, the role of unconventional oil and gas has dramatically changed the energy outlook in the United States. Over the next 20 years, US natural gas and coal exports will increase and oil imports will decline steadily. Abundant domestic energy can be a huge driver of the ... MORE
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