Residents of a rural neighbourhood in Leduc County are worried a proposed chemical plant will lower their property values and present a health and safety risk.
Read more: http://tinyurl.com/mrdmffq
Tag Archives: fracking
This Court Ruling Could Raise Natural Gas Prices
We saw a landmark decision last week in U.S. courts.
One that could become the biggest new driver for North American natural gas prices.
Read more: http://tinyurl.com/lyv8cvc
How I Learned to Stop Worrying and Love Fracking
Critics of hydraulic fracturing say economic and energy security shouldn’t come at the expense of the environment. The controversial practice, dubbed fracking, has become the cause du jour in advocacy circles. A report from Colorado-based IHS, however, finds the oil and natural gas boom in the United States is starting to bring benefits to American families.
Read more: http://tinyurl.com/mvzha7f
Domestic natural gas: From boom to overkill
Natural gas was first a boon for domestic energy producers and then an albatross. Hydraulic fracturing, or ‘fracking’, a process that cracks rock deep underground to release oil and natural gas, made production possible in many previously untapped shale fields, sparking a land grab that began a decade ago.
Read more: http://tinyurl.com/kgmnoq5
Cleanup of fracking fluids believed only months away
AA Red Deer businessman thinks he’s a few months away from addressing one of the fracking industry’s most vexing problems.
Read more: http://tinyurl.com/m6d6w7z
Frac sand terminal to be built north of GP
A new frac sand terminal will be in full operation later this fall, just north of Grande Prairie near Sexsmith, to accommodate the growing demand from the oil and gas industry for frac sand.
Read more: http://tinyurl.com/lx4v8ks
Ill. passes nation’s toughest fracking regulations
SPRINGFIELD, Ill. (AP) — Illinois came a giant step closer to approving the nation’s strictest regulations for high-volume oil and gas drilling on Friday, as lawmakers approved a measure they hoped would create thousands of jobs in economically depressed areas of southern Illinois.
Read more: http://tinyurl.com/n454dno
Fracking boom continues to raise environmental concerns
Supporters of hydraulic fracturing — or fracking — say the technology is helping sluggish economies in Canada and the U.S. pick up steam.
The technique involves pumping water, sand and chemicals deep down well bores to crack open fissures and boost the flow of oil and gas.
Read more: http://tinyurl.com/bvktsp7
HUGE NEW ENERGY SUPPLY – BIGGER THAN FRACKING!
They did it!
Last week something major happened off the coast of Japan…
Nearly 1,000 feet below the seabed, Japanese engineers successfully accomplished something that has the potential to turn this resource-poor island nation into a world leader in fossil fuel production.
Read more: http://tinyurl.com/bwoh8zp
Shale gas: saviour of the US economy?
Earlier this week, a very important article/study was reported on by Reuters. The original press release from the University of Texas is here.
I have been sceptical that shale gas is the panacea it’s been touted as. My concern was whether the CAPEX required for drilling and fracking was economically justifiable, given the rapid decline rate of shale wells. Whilst such wells produce strongly initially, they decline rapidly, so are only economic if the CAPEX is quickly repaid from production.
Read more: http://tinyurl.com/bugefd4