Sentences with phrase «because oil and gas wells»

@gor, Eventually, Big Oil will become Big Hydrogen because oil and gas wells will run dry, and H2 is the lowest - cost and most efficient synthetic fuel that one can make from non-fossil energy sources.

Not exact matches

«The amazing achievement of the last going - on - seven years is that citizens at the grassroots level have held off a trillion - dollar payday because we have fought so hard and well to require meaningful regulation of oil - and - gas extraction,» said Walter Hang, president of Toxics Targeting, an environmental database firm.

This is because the Nana Addo administration has said revenue from oil and gas, as well as earnings from other mineral resources, will go into funding the policy, which is expected to eat up some 400 million Ghana cedis in its first year of implementation.

Oil will still be a premium fuel because we don't have an alternative to transport fuels yet, although the impact of unconventional oil and gas needs to be better understoOil will still be a premium fuel because we don't have an alternative to transport fuels yet, although the impact of unconventional oil and gas needs to be better understooil and gas needs to be better understood.

Because oil and gas companies must drill tens of thousands of new wells each year in the United States to maintain production through time, groundwater contamination remains a possibility.

And that is an underestimate of the amount of brine, fracking fluid and other contaminated water that flows back up a well along with the natural gas or oil, because it is based on incomplete data from state governments gathered in 20And that is an underestimate of the amount of brine, fracking fluid and other contaminated water that flows back up a well along with the natural gas or oil, because it is based on incomplete data from state governments gathered in 20and other contaminated water that flows back up a well along with the natural gas or oil, because it is based on incomplete data from state governments gathered in 2007.

Schwietzke said it's also important to account for the emissions from all the fossil fuels that are produced in a given shale gas field because many wells produce oil, natural gas and other hydrocarbons.

Because most MLPs pay out cash flows from depleting oil and gas reserves that need to be replaced with new wells, these companies need continued access to cheap capital just to sustain their dividends.

Although the Russian authorities may downplay their concerns because they don't really have any good solutions, they are very concerned about the economic consequences of the thawing because much of Russia's natural gas and oil is extracted from the permafrost.

But that is fine, I will just drill more oil / gas wells on my little lease because these policies simply ensure high and higer prices.

A molecule of CO2 from coal, in a certain sense, is different from one from oil or gas, because in the case of oil and gas, it doesn't matter too much when you burn it, because a good fraction of it's going to stay there 500 years anyway.

The dramatic rise in shale - gas extraction and the tight - oil revolution (mostly crude oil that is found in shale deposits) happened in the United States and Canada because open access, sound government policy, stable property rights and the incentive offered by market pricing unleashed the skills of good engineers.

This is because they were made well before the current era of shale oil and gas and tight oil and gas development.

Credits for using giant machines to remove the gas are not likely to be accepted internationally for a long time, if at all, not least because the industrial infrastructure needed for extraction would need to be about as big as the infrastructure that puts it there — oil wells, coal mines, railways, pipelines, power plants, refineries and so on.

That figure may well be much smaller by the time of the next election, because the market value of some of the major companies has been falling rapidly, and the value of their coal, oil and gas fired power stations is falling even faster.

The problem is that treating oil and gas waste from fracked wells remains particularly tricky because the industry is still allowed to keep secret information about which chemicals drillers use when injecting fluids to crack open shale formations to release oil and gas.

Looking at the bigger picture, our industry must be in this conversation because natural gas and oil are the United States» and the world's leading energy sources now and will be well into the future.

The other cause of potential leaks, old «legacy» wells, is also minimal because the deep saline aquifer where Quest's CO2 will be stored has no oil or gas resources and as a result has not seen drilling to any significant extent.

Emissions from natural gas production have dropped because of a 2012 EPA rule to cut VOCs from gas sites, and the new strategy would extend the VOC reductions to new oil wells, too.

This can occur through (1) relocation of energy - intensive production in non-constrained regions; (2) increased consumption of fossil fuels in these regions through decline in the international price of oil and gas triggered by lower demand for these energies; and (3) changes in incomes (thus in energy demand) because of better terms of trade.

Yet as detailed in the GAO audit, PHMSA did not require this practice in its proposed safety rule because the American Petroleum Institute, the oil and gas industry's largest trade group, claimed «its recommended practices do not direct operators to phase out such wells because this practice may not significantly improve safety in all cases.»

Colorado Governor John Hickenlooper thinks the state's legislation will become a model for other states, according to the Denver Post, because it goes further than other states with disclosure laws by requiring all chemicals to be named (or in cases where the oil and gas commission is convinced a specific chemical should be kept a trade secret, then the chemical family needs to be named), as well as the concentrations in which they are used.

«It follows that if you want to build, Aberdeen is a good location because it is the oil and gas capital of Europe, in terms of new supplies.

• The fact that the western sedimentary basin is well - developed can also be thought of as a con to working in the oil and gas sector because the major companies (clients) are seeking opportunities elsewhere.