Sentences with phrase «booming shale industry»
The rapid increase in U.S. production is due in large part to the booming shale industry.
http://fortune.com/ Not exact matches
CNBC's Jackie DeAngelis reports on the shale boom and how the administration's policies are helping the energy industry.
US to dominate oil industry in 5 years, IEA reports How much investment is needed in energy US shale output is surging, here's what will keep the boom going
Other parts of the country with shale beds («plays» in industry parlance), such as Wyoming, Colorado, Arkansas, and Louisiana, have experienced similar gas drilling booms.
Opponents of expanded gas drilling have coined the term «frackademia» for university research on the potential impacts of the boom in shale gas drilling that involves industry money or experts with industry ties.
Of course, the situation is a little different if you are making big money off the shale gas boom, or if the only job in town is at Freedom Industries.
On Twitter, Jeff Tollefson, a reporter for Nature who's written on pollution from America's shale boom, pointed to the Bakken oil fields as illustrating why tighter rules for existing industry facilities is vital:
«The United States stands today at the heart of a twin energy revolution: a booming shale oil and gas industry and also rising supplies of liquefied natural gas (LNG),» Dr Birol said during his presentation.
The U.S. shale oil boom is becoming its own worst enemy, say industry analysts, who see the supply glut pushing the price of oil so low it may become uneconomical to pry petroleum from those tight rock formations.
The history behind the shale gas boom remained relatively unknown until late 2011, when researchers at the Breakthrough Institute conducted an extensive investigation revealing the role that federal agencies like the Department of Energy and the National Laboratories played in supporting gas industry experimentation with shale fracking.
Recent research, albeit backed by the oil industry, estimates that Falklands oil could be worth $ 180 billion in royalties and taxes for the U.K., potentially making it that country's answer to the shale boom that continues to generate work for many U.S. lawyers and their firms.