A long-awaited study released Wednesday says the controversial oil extraction method known as hydraulic fracturing, or fracking, would not harm the environment if used at the Inglewood Oil Field in the Baldwin Hills area.
Let's face it -- the so-called shale drilling revolution is exciting to witness. But since every other month another "next hot new play" seems to surface, it may be easy to overlook the backstory of just what a tremendous economic net the shale phenomenon has cast--not just on industry and producing areas, but virtually everywhere.
The group charged with regulating fracking in North Carolina met Friday, and while it was able to select a chair, picking a vice chair was a little more difficult.
The coming U.S. energy boom, spearheaded by new technologies that have enabled us to recover vast amounts of previously inaccessible oil and natural gas from rock formations, will be important for several reasons, not least the nation's competitive advantage in the global economy.
The new commission that's writing rules to allow natural gas fracking in North Carolina while protecting neighbors and the environment is getting down to work.
TransCanada has proposed to Nebraska officials a new route for the U.S. segment of its Keystone XL pipeline that avoids the Ogallala Aquifer and the Sandhills region in Nebraska. "The identified route, along with our commitment to implement additional safety requirements above and beyond those required for any other pipeline, ensures the protection of Nebraska's resources," said Russ Girling, TransCanada's president and CEO. TransCanada submitted the revised route plan to the Nebraska Department of Environmental Quality.
Harris Interactive conducted a poll and found 71% of American voters favor increased access to U.S. oil and natural gas resources and 92% say energy security and producing at home more oil and natural gas is an important issue this election.
A two-day conference on shale gas development begins Thursday in Raleigh. Discussions will be centered around the controversial method of drilling for natural gas and what it could bring to North Carolina.
TransCanada has a permit, but not for the larger portion of Keystone, which would transport Canadian oil sands from Alberta.
The U.S. EPA announced it had ended testing of drinking water in the northeastern Pennsylvania community of Dimock and declared it safe to drink.
