Not exact matches
There have been a number of high - profile derailments of trains —
including one by UP — carrying
shale oil, much of which is produced in new drilling areas without established pipeline networks and must be moved by rail.
While Tillerson has ties to Russia, he partly missed a key energy development back home in the United States by ceding growth potential in the
shale oil industry to smaller, more nimble rivals,
including Continental Resources.
Analysts interpreted this move as an attempt to squeeze higher - cost producers,
including U.S.
shale oil, out of the market.
The agreement does not
include U.S.
shale oil producers, and there are concerns that rising
oil prices, largely thanks to the
oil output cut, has allowed U.S. producers to come back online.
The so - called
shale revolution could help to alleviate Washington's reliance on foreign
oil,
including from turbulent Middle Eastern states, while also supporting a bid to export to more countries around the world.
US - based
shale producers
including EOG Resources Inc., Continental Resources, Inc., and Pioneer Natural Resources are set to suffer as
oil prices continue to be weighed down by the increased production Trump's policies imply.
Advances in horizontal drilling and hydraulic fracturing over the past 20 years led to a U.S. energy boom in «unconventionals,» a category that
includes the
shale gas and «tight»
oil found in
shale fields like the Cretaceous Eagle Ford and Mowry and older ones like the Barnett and Bakken.
After becoming CEO in 2006, Tillerson led Exxon through more than a decade of ups and downs that
included the late Hugo Chavez's seizure of Venezuelan
oil fields, annual profits that set U.S. corporate records, and a 2010
shale acquisition that turned into a $ 35 billion wrong - way bet on natural gas.
The looming supply growth is mostly due to two factors: the scheduled end of OPEC / non-OPEC production cuts in March and US
shale production,
including NGLs, «growing like crazy,» said New York - based Mike Wittner, managing director and global head of
oil research at Societe Generale.
Over the past five years, the economy has been through a number of shocks,
including the eurozone crisis, the fiscal cliff, China's surprise currency devaluation in the summer of 2015, and the
shale oil bust.
We explore the root causes of the
oil collapse,
including booming U.S.
shale production and Saudi Arabia's decision to sell cheap
oil rather than slash its output.
These
include: the slowdown in China, the recessions in Brazil and Russia, the emergence of new supplies of energy such as US
shale oil, Iran and Iraq ramping up production, and commodity investment projects in Chile and elsewhere coming on stream.
But ultimately
oil fields decline, and we're going to need all sources of supply,
including the
shales, but also deepwater and other sources around the world».
Since 2008, he's called practically every major
shale play before the mainstream press got wind of them —
including the now - famous Bakken
oil formation and the companies that have raked in billions in profits for their shareholders.
shale oil may be a bubble but countries like Libya Iraq Iran produce nothing compared to their potential / production capacity + there is always offshore exploration recently Morocco seems to be in the spot light not to mention the arctic sea / north pole especially Russia where a new Koweit is to be found and also south China sea Venezuela's tight
oil if all the types of
oil are
included venezuela must be a heaven with a quarter of global
oil reserves with +300 billion barrels more than 260 bbls of Saudi Arabia that can still produce more than 10/11 million barrel / day that it's procucing today.
His research focus is on unconventional fuels, primarily
shale gas and tight
oil, but also coalbed methane and other unconventional sources,
including oil sands, coal gasification and gas hydrates.
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.
«By measuring naturally occurring ammonium and iodide in numerous samples from different geological formations in the Appalachian Basin,
including flowback waters from
shale gas wells in the Marcellus and Fayetteville
shale formations, we show that fracking fluids are not much different from conventional
oil and gas wastes,» said Jennifer S. Harkness, lead author of the study and a PhD student at Duke's Nicholas School of the Environment.
Total
oil production,
including «unconventional» sources such as tar sands and
shale oil, soon started to grow again.
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.
Some of the features that were introduced on the Y - series Senator
include oil and battery gauges on the centre stack,
shale leather trim interior trim as well as white backing for the instruments.
Some of the factors the growth of railroad companies in the past few years
include the
shale oil boom in the U.S., limited pipeline...
Gasoline from traditional sources,
including these harebrained schemes to go offshore and onto ANWR, is inseparable from tar sands and
oil shale, which are far more abundant and destructive (as Raypierre pointed out).
Oil shale is not a solution given its energy and water extraction demands, environmental destruction (
including residues), and GHG emissions.
My problem with Peak
Oil is that once it is upon us it will trigger a desperate search for alternatives that will include making gasoline from coal, tar sands and oil shales (among other
Oil is that once it is upon us it will trigger a desperate search for alternatives that will
include making gasoline from coal, tar sands and
oil shales (among other
oil shales (among others).
These
include the U.S. - China
Oil and Gas Industry Forum and a U.S. - China initiative on
shale gas that he negotiated while at the State Department, which has broadened into the Unconventional Gas Technical Engagement Program.
This
includes not only
oil sands, but Venezuelan extra-heavy and
oil shale as well.
In the aftermath of the
oil price fall in 2014, proposed new deepwater projects were generally among the first to be delayed or cancelled as the industry moved towards shorter cycle investments,
including shale.
Total fossil fuel is close to a million EJ or about 500 years of the long - run thermal energy requirement in the high - growth scenario (at 60 TW (thermal) by 2100), but not
including clathrates and
oil shale, that is reduced to about 50 years of reserves at the 2100 rate (i.e. we're not even going to make it to 2100).
And that figure didn't
include unconventional sources like tar sands,
oil shale and methane hydrates»
Better yet would be to debate an energy policy for the USA,
including opening up exploratory
oil and gas drilling
including shale deposits, limiting the exponential growth of regulations currently stifling new exploration, ending the EPA regulatory war on coal, reactivating the Keystone pipeline, etc.; these issues have direct impact on American jobs and future energy independence, both of which are more important issues for US voters (and presidential candidates) than any «climate» debate.
The quote from Mitt Romney's (allegedly «ghostwritten») book points to the conclusion that the USA should do more
oil and gas exploration («drill, baby, drill»)
including shale deposits, to get more «energy independent» (combined, of course, with supporting basic research for new energy technologies).
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.
Cambridge Energy Research Associates estimate that the total recoverable
oil resources in place are 3.74 trillion bbl (
including non-conventional sources such as
shale).
Table 9.3 used for tight
oil and Table 9.2 dry unproved natural gas (
shale gas) resource estimate was multiplied by 1.045 so as to
include natural gas plant liquids for an unproved wet natural gas volume.
But according to government and scientific studies, all of these sources will yield at most a few million additional barrels of liquid fuels per day (this
includes coal liquifaction [GTL], hydrogen,
oil sands,
oil shale, biofuels, and solar.).
alternative energy development,
including bio fuels, coal - to - liquids,
oil shale, tar sands, geothermal, geopressure, wind, waves, currents, hydro, and other renewable energy;
Comparison of the 2011 and 2013 reports ARI report coverage 2011 Report 2013 Report Number of countries 32 41 Number of basins 48 95 Number of formations 69 137 Technically recoverable resources,
including U.S.
Shale gas (trillion cubic feet) 6,622 7,299
Shale / tight
oil (billion barrels) 32 345 Note: The 2011 report did not
include shale oil; however, the Annual Energy Outlook 2011 did (for only the U.S.) and is
included here for completeness.
It reported that the U.S. - based
oil and gas industry invested more than $ 165 billion between 2000 and 2012 in technologies that helped reduce emissions,
including those critical to the development of
shale gas.
PA, your scenario for a 600 ppm cap involves leaving significant amounts of known coal resources in the ground, not developing Arctic
oil or exploring for any other new
oil fields,
including shale oil, and not developing methyl clathrates as a methane source.
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.
Some of the difference between the
oil company scenarios and those from green NGO's and academics is due to fossil fuel lobby assumptions about demand and the role of gas (
including shale gas), with CCS also seen as coming on line in a big way.
None of the models presented at the session
included carbon dioxide emissions from unconventional fossil fuels like tar sands, methane hydrates or
oil shale.
The U.S.
shale boom masks threats to the global
oil supply,
including Middle East turmoil, conflict in Ukraine, and the difficulty of unconventional
oil production beyond North America, according to the International Energy Agency.
(In its 2005 energy bill, Congress
included an exemption from SDWA oversight for the water put into the ground for hydraulic fracturing — a provision that has come to be known as the «Halliburton loophole» after the
oil and gas industry service company that is active in the
shale industry.)
These
include direct jobs in developing new
oil and natural gas resources from
shale.
``...... * FIFTH, I will lift the restrictions on the production of $ 50 trillion dollars» worth of job - producing American energy reserves,
including shale,
oil, natural gas and clean coal.
Although the amount of convential
oil will continue to decline, there are estimated 10 - 15 trillion barrels of
oil equivalent in unconvential
oil which
include heavy and extra heavy crude oils and the
oil shale and sand.
The alternatives
include shale oil and
oil sands.
Unbelievably, according to the LA Times, the
oil shale extraction industry was
included in the Federal $ 700 - billion bailout package.