Sentences with phrase «extracting shale oil»

This controversial process involves extracting shale oil by blasting pressurized water, chemicals and sand to break up underground formations.
Other impacts of tight oil include potentially significant water, air, and noise pollution around drilling sites, and the risk of oil spills by the trucks, trains, and pipes that transport extracted shale oil to refineries.

Not exact matches

The boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and oil extracted from North Dakota's Bakken shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.
Despite the international shale oil boom extracting natural gas with hydrofracking technologies, which most electric utilities, including the local ones, supply to customers as a major part of their power supply, the shift away from petroleum dependency has made remarkable progress in recent years through strategic incentives like the one which prompted this vote in Olive.
Energy companies used nearly 250 billion gallons of water to extract unconventional shale gas and oil from hydraulically fractured wells in the United States between 2005 and 2014, a new Duke University study finds.
Ken Cronin, chief executive of the UK Onshore Operators Group which represents the onshore oil and gas industry, also welcomed the report, saying he hoped its findings would «reassure communities up and down the country that shale gas can be extracted with minimal risk to their wellbeing».
The alternative pathway, which the world seems to be on now, is continued extraction of all fossil fuels, including development of unconventional fossil fuels such as tar sands, tar shale, hydrofracking to extract oil and gas, and exploitation of methane hydrates.
Hydraulic fracturing, a technique for extracting oil and gas from shale rock, often takes place a mile or more below groundwater supplies.
This reluctance is widely believed to be Saudi Arabia's way to squeeze U.S. producers extracting high cost shale oil as well as Canada's oil sands companies.
In the United States, some equally not - so - eco-friendly technologies have been developed to extract oil from shale in Colorado.
The Department also points out that, due to the higher energy requirements of extracting the oil, shale oil produces less energy than conventional oil, coal or wood.
They said it was «very likely» that several thousand weak to moderate earthquakes in recent years were triggered by deep - earth injection of water extracted from the ground as thousands of wells have been drilled into shale oil and gas deposits.
For many years, the high cost of extracting oil from shale exceeded the benefit.
But the four prongs of the speech were not about using less fuel, but boosting supplies: drilling offshore, extracting oil from shale, drilling on the coast of the Arctic National Wildlife Refuge, and adding refineries.
We don't extract oil from shale because it contains none (oil).
Estimates of the amount of oil they contain vary hugely, but Navigant, a consultancy, reckons that North America could produce anything from 26.9 - 53.5 trillion cubic metres of shale gas alone, enough to satisfy the world's total current demand for gas for up to 15 years, though at today's prices not all of it would yet be worth extracting.
Also known as «shale oil,» tight oil is processed into gasoline, diesel, and jet fuels — just like conventional oil — but is extracted using hydraulic fracturing, or «fracking.»
Relative to conventional sources, shale oil typically produces more pollution to extract, though the extent depends on whether or not the operators avoid wasteful and unnecessary emissions.
Found in limestone and shale deposits, tight oil isn't extracted from wells like conventional oil, but is removed with hydraulic fracturing, or «fracking» — a process that also releases methane, a potent greenhouse gas.
Since recent events have demonstrated the relative environmental soundness of hydraulic fracturing — a technique for extracting oil and gas from shale formations — Promised Land's script has been altered to make doom - saying environmentalists the tools of oil companies attempting to discredit legitimate «fracking» concerns.
And while oil is getting expensive to extract, there are a lot of BTUs out there in gas, coal, tar, and oil shales that probably can be extracted at no greater cost than petroleum today.
The alternative pathway, which the world seems to be on now, is continued extraction of all fossil fuels, including development of unconventional fossil fuels such as tar sands, tar shale, hydrofracking to extract oil and gas, and exploitation of methane hydrates.
The roasting process generally involves burning oil that has previously been extracted from the shale, so shale oil results in a very large net level of carbon dioxide release to the atmosphere.
The recent low prices for natural gas and oil appear likely to continue for at least decades and possibly even longer due to the new technology for extracting natural gas and oil from shale rock.
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.
Shale oil is oil that can be extracted from shale by mining a shale that is saturated with oil and roasting it at about 500 degrees Celsius to extract the oil.
Between 1978 and 2000, the federal government spent about $ 1.5 billion on oil and gas production research, much of it on extracting fuel from shale, according to a 2001 report by the National Academy of Sciences.
Chevron and other giant energy companies are demanding a TTIP investment chapter that will allow them to sue governments if environmental or other regulations interfere with their expected future profits by, for example, restricting oil and gas drilling, imposing pollution and oil spill controls or constraining the use of hydraulic fracking techniques to extract natural gas and oil from shale formations.
But for potential foreign purchasers of that oil, the key question is how much extra it will cost to extract the dirty compounds in Alberta bitumen so that its quality matches export oil being produced at high - grade, low - cost US shale formations like the Bakken, Permian, and Eagle Ford.
French lawmakers opened debate on Tuesday on proposals to ban a method for extracting oil and gas deposits from shale because of environmental concerns, throwing up the first serious stumbling block to firms that want to use the practice.
and George Bush, perhaps with an eye towards the fuel riots going on around the world, jumps and proposes the new Four Horsemen of the Apocalypse: 1) drilling offshore, 2) drilling in the Arctic National Wildlife Refuge, 3) adding refineries, and 4) extracting oil from shale, which makes the Alberta Tar Sands look environmentally benign.
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.
This sounds similar to what's being worked on in Alberta, except Shells» Shale plan is to generate scads of electricity, use that energy to pump a chilled refrigerant around and over buried tar shale deposits - this is to freeze the groundwater enough to encapsulate a 2000 - foot deep segment of shale - followed by pumping out the groundwater inside the frozen periphery and inserting giant electrodes into the isolated shale body to heat the now - dried interior to 700 degrees Fahrenheit for a period of three years, before extracting the oil liberated by the interior heat.
Now we are at the point that all the unconventional reserves, such as tar sands and shale oil, immediately start at the 40 % level, since we have to use a lot of energy to even begin to extract the underlying oil efficiently.
Furthermore, chemicals used in hydraulic fracturing, which involves cracking shale rock deep underground to extract oil and gas, can contaminate groundwater resources [137,138,139].
Consider that we start to use lower - grades of oil and other fossil fuels that require greater investment in energy to extract and process the fuel (for example, tar sands and oil shale).
Certain alternative energy «sources» may actually have EROEI ratios of less than one, such as many methods of industrially producing biodiesel and ethanol, or extracting oil from shale.
To my knowledge +1000 ppm is achievable if we're driven to extract the currently uneconomically viable hydrocarbon deposits such as tar sands and shale oil.
More on the benefits of shale gas as touted by fracking companies being overstated: According to new independent analysis, published in The Oil Drum, of extent of the US» shale gas reserves and the economics of extracting those finds that «industry
While U.S. oil production is down from last year's highs and bankruptcies are up, the industry has become more efficient and the cost of extracting oil from shale is continuing to come down — resulting in the sixth straight week of an increased rig count and the 15th without a decrease.
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