Sentences with phrase «by fracking technology»

A majority of economists, business and energy analysts instead agree that coal's demise is due to a triple whammy: competition from much cheaper and cleaner - burning natural gas, proliferated by fracking technology; growth in the solar and wind energy production; and tougher environmental regulations.
The reason he gave was concern about the health risks posed by fracking technologies that inject sand and chemicals into rock formations to extract oil and gas.

Not exact matches

But for several years, companies in southern Louisiana, where his business is located, have suffered along with the oil industry, which is affected by changes in global oil supplies and technologies like fracking.
She agrees that this jar, by itself, proves nothing about the environmental impact of «fracking,» the drilling technology largely responsible for America's boom in oil and gas production.
Meanwhile, although China will continue to burn lots of coal, it will begin shifting to gas including by tapping into its own tight gas reserves using new fracking technologies.
In a series of phone calls between lobbyists for the Capitol Group, who had been hired by AbTech Industries, an environmental technology firm which employed the younger Skelos, and an official for AbTech, Adam Skelos was confident that the governor would lift the moratorium and allow fracking in the state.
But, as scientists report in ACS» journal Environmental Science & Technology, «fracking» operations could have impacts on water quantity because they are withdrawing these large amounts of water from nearby streams, which house aquatic ecosystems and are used by people for drinking and recreation.
COVER Natural gas extracted from a deep shale formation by hydraulic fracturing («fracking») technology burns at a well in Bradford County, Pennsylvania.
The results come as a natural - gas boom hits the United States, driven by a technology known as hydraulic fracturing, or «fracking», that can crack open hard shale formations and release the natural gas trapped inside.
The company claims its technology can produce steam at a cost of $ 3 per million BTUs, based on U.S. National Renewable Laboratory calculations; natural gas currently costs some $ 4 per million BTUs, though that price may continue to fall as natural gas freed up by fracking floods the market.
«Energy development is driven by price, technology (e.g. fracking) and geology,» he said, adding that regulatory restrictions have had little effect on the coal market.
Fracking technology did more than the Obama administration to drive coal use down by making shale gas cheap.
Instead of wildcatting in costly, unproven non-conventional fossil fuel technologies such as fracking and tar sands that add greenhouse gas to the atmosphere, the company could show foresight and leadership by investing in clean, renewable energy such as wind, solar and geothermal.»
The advisory group, set up by the European Commission, is tasked with assessing ongoing fracking projects in Europe along with the safety and appropriateness of other unconventional technologies.
Beyond the US, the fracking that has led to much of the US decrease has not yet expanded rapidly, but given that the technology exists (and is getting further refined every day) the rest of the world will also enjoy reduced CO2 emissions by using nat gas instead of coal.
Over the past several years, vast caches of natural gas trapped in deeply buried rock have been made accessible by advances in two key technologies: horizontal drilling, which allows vertical wells to turn and snake more than a mile sideways through the earth, and hydraulic fracturing, or fracking.
The latest example of how wrong the Malthusian - influenced doubters have been is provided by fracking, horizontal drilling, and associated technology applied particularly to extracting oil and natural gas from shale formations.
Perry also said fracking came about «by the grace of God and some technology and a guy named George Mitchell from Texas.»
The ongoing US coal - to - gas transition is the result of three decades of federal investment in fracking technologies (and is helped along by environmental regulations that penalize coal pollution).
Fracking, or Fracing as the oil and gas industry ungrammatically spells it, is short for hydraulic fracturing, and the technology is now being used extensively to extract shale gas, by pumping liquids at high pressure into the rock, creating and expanding fissures.
What is needed is not more counter-productive, economy - distorting government regulations like CAFE, but fewer and better infrastructure to get our abundant energy resources to market and fewer attempts to prevent use of the new technology, especially fracking, by states.
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