Sentences with phrase «domestic shale gas»

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.
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