Sentences with phrase «fracking technology»

Advances in fracking technology have allowed the industry to extract enormous volumes of natural gas from rock formations such as the Marcellus Shale, which lies under southern New York, Pennsylvania, Ohio and West Virginia.

And we are on the cusp of being able to do that because of fracking technology, which incidentally is a classic outcome of government [research and development] combined with entrepreneurial people.

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.

- 16/07/2013 Could UK onshore shale gas development using fracking technology represent an opportunity to rival that of the North Sea in the 1970s for oil and gas workers with subsurface reservoir characterisation and horizontal drilling skills?

Fracking technology now allows for horizontal drilling with preexisting wells which do not require new capital investment for greater 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.

It's a place where a high - school - educated man can make a very good living in the expanding oil - and - gas industry, whose expansion depends on fracking technologies.

The Department of Environmental Conservation is nearing completion on an environmental impact study and new regulations for gas drilling using horizontal drilling and high - volume fracking technology.

Most of the wells in the basin are drilled into «tight sand» formations that require the same fracking technology being used in shale formations.

Fracking technology did more than the Obama administration to drive coal use down by making shale gas cheap.

Cheap and clean natural gas, thanks to fracking technologies developed since the 1970's with significant support from taxpayers, has rapidly displaced coal.

says new Russian fields that are now viable have come online because of fracking technology.

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.

«For us who are long - term investors, we tend to look at the group of people who are gathering in Vienna and say «they're fighting against history... The cost of producing crude, largely due to fracking technology, has dramatically changed the marginal economics of oil,» Hunt told Bloomberg Television.

The fracking technology is probably good for at least decade or two for stable energy prices.

Fracking technology, once used in just a small percentage of wells, has made it possible to get gas out of deeply buried reserves and has become an essential part of drilling almost every new well.

Fracking technology has developed effective and accurate horizontal drilling to exploit fossil fuels deep underground (8 June, p 7).

Mullers comments about the need to give away «fracking technology» is based in ignorance.

Fossil Free Indexes» Oil and Gas Analyst says new Russian fields that are now viable have come online because of fracking technology.

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).

We know that plastics production is being dialled up dramatically, that gas production is increasing all over the world thanks to fracking technology, that restrictions on offshore oil drilling make even more cheap American fuels.