How much more oomph can new drilling technology bring to the U.S. unconventional revolution? The United States likely will add 11 Bcf/d of natural gas to its reserves this year at total finding, development and completion costs under $3.00/Mcf, while a review of 45,000 unconventional oil wells is finding “tremendous” growth in oil reserves, preliminary IHS Inc. data indicate.
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Policy Said Barrier to Energy’s ‘Staggering Potential’
The unconventional gas and oil revolution in North America, particularly the United States, has created thousands of jobs and generated billions in tax revenue. There could be more to come, but decisions by U.S., Canadian and Mexican policymakers will be what determines whether the North American energy promise is fulfilled, a researcher said in a new report.
July 16, 2012
Policy Seen as Barrier to ‘Staggering Potential’ of North American Energy
The shale gas and oil revolution in North America, particularly the United States, has created thousands of jobs and generated billions in tax revenue. There could be more to come, but decisions by U.S., Canadian and Mexican policymakers will be what determines whether the North American energy promise is fulfilled, a researcher said in a new report.
July 10, 2012
Federal Frack Rules Moving Forward, Says Salazar
Interior Secretary Kenneth Salazar reiterated Tuesday that the Obama administration is continuing to develop draft rules for hydraulic fracturing (fracking) in drilling operations, which he said would not slow the natural gas and oil boom.
April 9, 2012
People, Not Government, Seen as Key to Energy Independence
The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience last Wednesday.
February 27, 2012
Industry Experts Eye Road to Energy Independence
The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.
February 23, 2012
People, Not Government, Seen as Key to Energy Independence
The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.
February 23, 2012
Experts Call for LNG Exports to Be Market Driven
In light of the natural gas supply revolution in the United States, four energy experts told a Senate energy panel Tuesday that they support the export of liquefied natural gas (LNG).
February 6, 2012
Experts Agree: LNG Exports Should Be ‘Driven by Market’
In light of the natural gas supply revolution in the United States, four energy experts told a Senate energy panel Tuesday that they support the export of liquefied natural gas (LNG).
February 1, 2012
Energy Chiefs Urge Investing for Long Term
The shale gas revolution has improved global energy security and has helped a “mature industry be reborn through technology,” ConocoPhillips CEO Jim Mulva said last week in Qatar.
December 12, 2011
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