Deposits

Harvard Researcher Sees U.S. as Largest Oil Producer by ’17

The United States could produce 5 million b/d from shale oil deposits by 2017 and may become the world’s largest oil producer — reaching up to 16 million b/d in just a few years by combining shale with conventional oil, liquefied natural gas (LNG) and biofuels, according to a researcher at Harvard Kennedy School.

July 22, 2013
Harvard Researcher Sees U.S. as Largest Oil Producer by 2017

Harvard Researcher Sees U.S. as Largest Oil Producer by 2017

The United States could produce 5 million b/d from shale oil deposits by 2017 and may become the world’s largest oil producer — reaching up to 16 million b/d in just a few years by combining shale with conventional oil, liquefied natural gas (LNG) and biofuels, according to a researcher at Harvard Kennedy School.

July 19, 2013
New York Would Reap Billions If Frack Ban Lifted, Report Finds

New York Would Reap Billions If Frack Ban Lifted, Report Finds

A report by the Manhattan Institute for Policy Research says personal income for the residents of 28 counties in New York that overlay the Marcellus Shale could grow by 15% or more over the next four years, if the state lifts a moratorium on high-volume hydraulic fracturing (HVHF).

May 9, 2013

Rendell, Newspaper Criticized for Not Disclosing Industry Ties

ProPublica, a nonprofit corporation that pursues investigative journalism on matters of public interest, is criticizing former Pennsylvania Gov. Ed Rendell and the New York Daily News for failing to disclose Rendell’s ties to natural gas-related businesses in a pro-industry editorial.

April 2, 2013

Shell’s Voser: Export the Shale Revolution

America’s “shale revolution,” combined with increased Gulf of Mexico oil production, the potential for major deposits in the Arctic, and growth in tight and heavy oil, including oilsands, makes North America’s energy picture much brighter than it was not that long ago, Royal Dutch Shell plc CEO Peter Voser said recently at the Chief Executives Club of Boston.

April 1, 2013
Voser on Shale: The Revolution Should Be Exported

Voser on Shale: The Revolution Should Be Exported

America’s “shale revolution,” combined with increased Gulf of Mexico oil production, the potential for major deposits in the Arctic, and growth in tight and heavy oil, including oilsands, makes North America’s energy picture much brighter than it was not that long ago, Royal Dutch Shell plc CEO Peter Voser said recently at the Chief Executives Club of Boston.

March 28, 2013

Rendell Urges New York to Embrace Fracking

Former Pennsylvania Gov. Ed Rendell urged New Yorkers — and, by extension, New York Gov. Andrew Cuomo — to embrace high-volume hydraulic fracturing (HVHF) in their state, adding that they have “the chance to play a major part in [the] revolution” of U.S. energy independence.

March 28, 2013

Talisman Considering Ending Shale Exploration in Poland

Calgary-based Talisman Energy Inc. is considering a plan to exit shale development in Poland, a move that helps the company focus elsewhere but is also a blow to what was once considered Europe’s best source for shale natural gas and a hedge against pipeline gas supplies from Russia.

March 14, 2013
Cuomo Tweaks Industry Over ‘Hallway Chatter’ Focus, Doubts Moratorium Will Pass

Cuomo Tweaks Industry Over ‘Hallway Chatter’ Focus, Doubts Moratorium Will Pass

New York Gov. Andrew Cuomo criticized groups that support high-volume hydraulic fracturing (HVHF) in the Empire State for focusing on “hallway chatter” and said he doesn’t think two bills calling for a two-year moratorium on the practice will pass the legislature.

March 13, 2013

New Albany Shale May Boost Illinois Economy

With an eye on economic development, still relatively untapped shale natural gas deposits in southern Illinois carry the potential to create $9.5 billion in new investment and 45,000 jobs, according to a report by the Illinois Chamber of Commerce.

December 17, 2012
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