Natural gas production from
domestic shale gas formations began to rapidly increase starting in 2005, which has led to a relatively sustained period of low natural gas prices.
«Industry pressures in recent years include a dramatic drop in the price of metallurgical coal, weakness in the Chinese economy, overproduction of
domestic shale gas and ongoing regulatory challenges,» it said.
They argue that shale gas, accessible through cost - effective methods like hydraulic fracturing, are sufficiently plentiful and cheap that most renewable energy sources will not be able to compete for decades, and that we should instead focus our national energy priorities on exploiting our newfound
domestic shale gas reserves.61
President Obama's plan for addressing U.S. greenhouse gas emissions depends heavily on expanded hydraulic fracturing of
domestic shale gas resources, writes Geoffrey Styles.
His leadership in this arena initiative has been critical to ensuring that federal and state policymakers understand the link between
domestic shale gas, the chemical industry and growth in America's manufacturing sector that will drive U.S. competitiveness, boost exports, and create new, high - paying jobs.
Not exact matches
Most of it will come from mines in Wyoming and Montana that find themselves without
domestic customers since the
shale gas revolution, combined with emissions control regulation, drove utilities in the U.S. to shut down coal - fired plants and fire up cleaner - burning natural
gas plants.
China too has huge
shale gas reserves that will satisfy much of its
domestic demand as extraction techniques pioneered in North America spread there.
But the important question is about future Chinese
gas demand: how much is satisfied by pipeline deals and how much is satisfied by
domestic production, which could include
shale gas?
Canadian natural
gas producers were also seeking new buyers as exports to the United States steadily fell with the rise in
domestic U.S.
shale gas production.
The new project indicates a further shift for Exxon, away from international projects and towards a focus on
domestic endeavors, specifically those involving
shale oil and
gas.
By Agnieszka Barteczko and Henning Gloystein WARSAW / LONDON (Reuters)- Poland, one of the heaviest polluters in Europe, will become even dirtier now that its
shale gas ambitions have faded and it turns to cheap
domestic lignite coal to secure its energy supply.
Access to vast, new supplies of natural
gas and natural
gas liquids from
shale formation is one of the most dramatic
domestic energy developments in the last 50 years.
The rapid increase in
domestic natural
gas production from
shale reserves has significantly impacted the economics of coal fuels used for power and heat in recent years.
The
shale gas in recent exploration in the United States, that could meet the
domestic demand of the country for natural
gas at current levels of consumption for over 100 years, is extremely negative for the environment because it generates half the carbon emissions from coal, and pollutes the sheets underground aquifers.
With
domestic gas production on the decline in the 1970s and policymakers eager for alternatives to imported oil,
shale gas was one of several such radical resource bases that federal geologists tried to tap.
Thanks to vast
domestic shale reserves and safe hydraulic fracturing, the U.S. is the world's leading producer of oil and natural
gas — which by far has had the most to do with reducing U.S. net crude imports.
Let's reword all this and say that we want to improve energy efficiency and reduce waste and real pollution wherever we can, we want to move away from ever scarcer and costlier fossil fuels, particularly those that have to be imported from a price - fixing cartel of nations that are generally hostile to us and we want to develop new
domestic sources of energy, be that
shale oil and
gas, new biofuels (not silly corn - to - ethanol schemes) and other renewable energy sources, etc..
The government hopes to revive
domestic natural
gas production with the technology that has transformed the energy picture in the United States — horizontal drilling into deep underground
shale, and high - pressure injection of water, sand, and chemicals to create fissures in the rock to release the
gas.
I hope this study is widely read by legislators and other public officials in Washington, D.C., and state capitals like Albany and Little Rock, where debates are continuing about the importance of encouraging
domestic energy production via
shale gas.
Three energy sources —
domestic natural
gas from
shale formations, energy efficiency and energy recovery from plastics — can help America reach energy security and environmental goals.
Developing America's vast
domestic oil, natural
gas, coal and
shale gas deposits will generate millions of jobs and hundreds of billions of dollars in critically needed royalty and tax revenue.
The IEO2017 Reference Case projects that China's
domestic natural
gas production will reach 39 Bcf / d by 2040, driven primarily by the development of
shale gas resources.
He also notes that in 2000,
shale produced only 2 percent of our
domestic oil and natural
gas supply.
Natural
gas prices and price volatility have been relatively low ever since then — largely thanks to abundant
domestic production from
shale and other tight - rock formations.
They can choose to anger the greens, join the
shale gas revolution, and go for a low - carbon,
domestic, abundant source of energy that will help to regenerate the economy of Lancashire — in effect, launch a new phase of the industrial revolution in which that area was a key region.
american - energy oil - and - natural -
gas - production gasoline - prices
domestic - production imports fossil - fuels economic - benefits hydraulic - fracturing horizontal - drilling
shale - energy
Sure, yesterday's rosy predictions about
shale gas could bear out in terms of years, but the high cost of
shale drilling, the rapid rate of well depletion, and increased
gas exports will translate into higher
domestic prices.
Diverting more
gas from the
domestic energy market would exert even more upward pressure on fuel
gas prices, and with
gas prices on the rise you're going to start setting more pushback from consumers and less support for fracking (short for hydrofracturing), the
shale drilling method that has been causing so many problems in local communities.
Access to vast new supplies of American natural
gas from
shale deposits is one of the most exciting
domestic energy developments in decades, particularly for the business of chemistry — energy policies must enable access to this immense supply of natural
gas while protecting the environment.
As the
shale - drilling revolution floods
domestic markets with cheap oil and
gas, federal regulators have withered under pressure.
What we're seeing, of course, are the positive supply impacts of the U.S. energy renaissance — dramatic increases in
domestic oil and natural
gas production over the past several years, thanks to the safe development of
shale and other tight - rock formations using hydraulic fracturing and horizontal drilling.
climate - legislation conoco - phillips
domestic - energy energy - policy natural -
gas natural -
gas - from -
shale natural -
gas - supply
The recent development of natural
gas shale formations has contributed to increased
domestic production of natural
gas, and liquefied natural
gas does not seem to be a priority fuel for California at this time.
While natural
gas production from
shale formations has significantly increased
domestic production, there is ongoing investigation of potential environmental concerns related to
shale gas development, including carbon emissions and possible groundwater contamination.
The dramatic increase in
domestic oil and
gas production since 2008 — the so - called «
shale revolution» — has been a boon to the US economy and the Obama administration... At the core of this evolution is hydraulic fracturing.
Meanwhile, natural
gas prices in the electric power sector (including supplemental gaseous fuels) for New York and nearby states have plummeted thanks to surging
domestic natural
gas production — one of the hallmarks of the U.S.
shale energy revolution:
Jones joins a cross-functional 80 - member team of attorneys who counsel international and
domestic energy companies and service providers in oil, natural
gas,
shale, and alternative energy.