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12.27.13

How shale's reshaping US industrial muscle

NORTH, South and Central America will be a major focus for oil and gas exploration next year as the US shale boom continues to build momentum and regulatory changes in Mexico and Brazil open the doors wider to international oil majors.

 

12.13.13

The US Fracking Boom Is Changing Geopolitics And Rearranging Global Alliances

The US will soon overtake Saudi Arabia as the world's largest producer of crude oil, liberating its foreign policy from dependancy on a handful of oil-rich Arab allies.

 

12.12.13

Fracking puts America on the path to energy independence

US crude production has reached a 25 year high as shale gas slashed the need for foreign oil imports. The US pumped over eight million barrels a day in the week ended December 6, according to the Energy Information Administration (EIA). US oil output surged by 18 per cent over the past year, the fastest pace on record. The figures put America on the path to be the world's largest energy producer by 2015, five years sooner than EIA forecast last year.

 

12.12.13

How Oil Made North Dakota Rich, in One Map

North Dakota was the great exception to the Great Recession. The only area in the country that saw both a widespread significant increase in household incomes and a significant decrease in poverty rates over the past five years was North Dakota, specifically Western North Dakota, according to 2012 data the U.S. Census Bureau released and mapped out on Thursday.

 

12.12.13

Keystone Backed in Poll by 56% of Americans as Security

More Americans view the Keystone XL oil pipeline as a benefit to U.S. energy security than as an environmental risk, even as they say Canada should do more to reduce greenhouse gases in exchange for approval of the project.

 

12.11.13

Heating oil customers and drivers to benefit from U.S. frack oil boom

First fracking gave us more and cheaper natural gas. Now it promises to do the same for oil.

 

12.11.13

California said to be poised for oil boom - maybe

To hear the oil industry tell it, California stands poised for an economic boom.

 

12.11.13

A Marcellus natural-gas bonanza

Cabot Oil & Gas Co., which claimed 15 of the 20 most-productive Marcellus Shale natural-gas wells during the first half of this year, reported more eye-popping numbers Monday for its Susquehanna County operations.

 

12.11.13

Fracking Boom Pushes U.S. Oil Output to Highest in 25 Years

U.S. crude production rose to the highest level in a quarter-century as a shale drilling boom in states such as Texas and North Dakota cut the need for foreign oil and pushed the country closer to energy independence.

 

12.10.13

Danger of overregulating fracking

The emergence of hydraulic fracturing to recover oil and natural gas generally is seen as an economic success story. It has vaulted the United States into the ranks of the world’s top oil and gas producers and led to a manufacturing renaissance whose effects few could have foreseen at the start of the 1990s.

 
 
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