Sentences with phrase «into shale oil»

He admits he underestimated the «strength of the profit motive» that turned the United States into a shale oil powerhouse.

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.

Not exact matches

Reports that shale companies were posting juicy profits at very low oil prices has likely factored into heady projections for shale output.

Protesters have been buoyed by the recent success of Native American groups and environmentalists in their campaign against construction of the 1,100 - mile (1,770 - km) Dakota Access pipeline, a project spearheaded by Energy Transfer Partners (etp) that would carry oil from North Dakota's Bakken shale fields into Texas.

The Obama administration is still reviewing a series of ambitious leasing plans drafted under former President George W. Bush that would have cleared the way to tap into the Green River basin, an area that crosses Utah, Colorado and Wyoming and is the home of America's largest oilsand and oil shale deposits.

Until very recently, it was the world's top oil producer and exporter, before the American shale boom catapulted the U.S. into first place.

Every year, moreover, producers add to global reserves, whether through unlocking natural gas shale formations, oil sands bitumen plays, or drilling deep into the ocean floor.

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 strategy is designed to drive out higher - cost producers of heavy oil and shale, whose rapid development is squeezing Middle East crude out of the huge U.S. market and threatens to eat into its share of other lucrative growth markets.

While the market continues to communicate concern over rising levels of shale production, this bullish inventory data coupled with a slightly softer USD profile, it's easy to see why oil prices are finding fresh session highs going into the NY close.

Their prediction of so - called «explosive» shale oil production growth is also being brought into question.

Much of it comes from shale, deep petrified mud rich in organic matter that time, heat and pressure have turned into oil and gas.

Experiments at the Philadelphia thermal depolymerization plant have converted heavy crude oil, shale, and tar sands into light oils, gases, and graphite - type carbon.

A rush to invest and drill Top producers Chesapeake Energy and Exxon Mobil Corp., along with hundreds of big and small oil and gas producers, are pouring billions of dollars into developing North American shale formations.

Concerns over hydraulic fracturing, an oil and gas extraction method that injects millions of gallons of freshwater and chemicals into shale, have largely focused on potential impacts on water quality.

In a review of the potential health impact of fracking, which involves the pumping of water and chemicals into dense shale formations to push out gas and oil, Public Health England (PHE) said any health impacts were likely to be minimal.

Hydraulic fracturing, or «fracking,» is a petroleum - extraction procedure in which millions of gallons of water (as well as sand and chemicals) are injected deep into underground shale beds to crack the rock and release natural gas and oil.

However, the stark reality is that global emissions have accelerated (Fig. 1) and new efforts are underway to massively expand fossil fuel extraction [7]--[9] by drilling to increasing ocean depths and into the Arctic, squeezing oil from tar sands and tar shale, hydro - fracking to expand extraction of natural gas, developing exploitation of methane hydrates, and mining of coal via mountaintop removal and mechanized long - wall mining.

Oil fell $ 1.41 to US$ 79.60 a barrel after Goldman Sachs said that it expects oil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demaOil fell $ 1.41 to US$ 79.60 a barrel after Goldman Sachs said that it expects oil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demaoil prices to tumble into the next year as shale gas production continues to expand and oil supply outstrips demaoil supply outstrips demand.

Moreover, I think you are failing to take into account that while Oil is running out, we have more than enough coal, oil shale, tar sands, etc. to continue to cook our gooOil is running out, we have more than enough coal, oil shale, tar sands, etc. to continue to cook our goooil shale, tar sands, etc. to continue to cook our goose.

Since 2011, Alex Trembath, a tireless and talented energy analyst at nonprofit The Breakthrough Institute, has been digging into the complicated history of public and private initiatives and investments that unlocked the vast gas and oil resource contained in layers of shale rock.

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.

A more likely scenario if we do nothing is that emissions will continue at a rapid pace as oil from sand and shale plus coal substantially replace oil and natural gas, with the consequence that we will have dug ourselves into a deeper hole in terms of having sufficient resources to reduce emissions sufficiently without major disruption to our society.

We can not burn all of the fossil fuels (oil, gas, coal and unconventional fossil fuels such as tar shale and tar sands) and release the CO2 into the air without creating a different planet.

Mr Revkin, I hope you realize that that the amount of energy it takes to process shale IS MOST DEFINATELY calculated into the cost of retrieving the oil.

Second, we should expand oil production by tapping into the extraordinary potential of oil shale.

3.3 trillion tons of shale is what exists in the United States and if that were converted into oil, it would be the equivalent of 2.5 — 3.5 trillion bbls of oil.

Hydraulic Fracturing of Oil Gas Wells Drilled in Shale Hydraulic fracturing and horizontal drilling have turned unproductive shales into the largest natural gas fields in the World.

They compared estimated emissions for shale gas, conventional gas, coal (surface - mined and deep - mined) and diesel oil, taking into account direct emissions of CO2 during combustion, indirect emissions of CO2 necessary to develop and use the energy source and methane emissions, which were converted to equivalent value of CO2 for global warming potential.

«The goal of Sapphire is to produce a crude product that can be introduced into the existing crude stream for production costs that are similar to other new opportunities like oil shales, oil sands, and even deep, deep water drilling,» Jason Pyle, Sapphire's chief executive said in an interview.

China, too, has decided to tap into the shale revolution — in a deal with the U.S. announced this week, it will be exploiting what some estimate to be the world's biggest shale gas reserves, equivalent in energy content to about half the oil in Saudi Arabia.

The LCFS would essentially ban imports to California of fuels derived from unconventional sources such as oil sands from Canada, oil shale from the Western US, or domestic coal supplies that can be converted into transportation fuels.

Then a mixture, commonly known as fracking fluid, of water (90 percent), sand (9.5 percent) and chemicals (0.5 percent) is pumped into the well under high pressure to create micro-fractures in the shale and free the natural gas or oil.

About 40 percent of the oil and gas wells in parts of the Marcellus shale region will probably be leaking methane into the groundwater or into the atmosphere, concludes a Cornell - led research team that examined the records of more than 41,000 such wells in Pennsylvania.

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.»

We talk to people involved in three Friends of the Earth groups, on the potential for community - owned and managed renewables in Denmark, on the perfect plan for transitioning Estonia away from dirty oil shale, and on how local resistance and perseverance has turned a small Czech town into an example of the just transition we need to move away from dirty fossil fuels.

Mitchell Energy, rightly credited for pioneering shale gas fracking, was a medium - size firm in the oil and gas industry: big enough to invest substantial funds into R&D, but small enough as to have few alternatives other than to bet on shale.

The bill proposed putting hundreds of billions of anticipated new oil and gas revenues (and that even before the shale gas boom) into a trust fund to accelerate clean energy innovation.

Very cheap natural gas to burn to turn that dirty oil into valuable transport fuels, thanks to the shale gas boom;

The ability to drill horizontal oil and gas wells and to «frack» shale by injecting pressurized sand and chemicals into the rock has enabled a huge boom in natural - gas production over the past decade.

Oil and Gas Investor: The technology that fueled the U.S. shale revolution could breathe new life into old oil fields outside of North AmeriOil and Gas Investor: The technology that fueled the U.S. shale revolution could breathe new life into old oil fields outside of North Amerioil fields outside of North America.

(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.)

The «America First Energy Plan» web portal also promotes the use of «clean coal» and «reviving America's coal industry,» as well as tapping into the U.S. bounty of shale oil and gas via the use of hydraulic fracturing («fracking»).

With Tunisians protesting Shell's shale gas plans and Jordanians set to finalise a deal to build the region's first oil shale plant by the end of the year, it seems that the region is buying into shale.

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 means it could be coal, oil shale, tar sands, nukes or renewables, and if you want to move into fantasy land, fusion.

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.

I can see the energy independence pull on tapping into these fuel sources, but frankly any government which advocates developing oil shale or tar sands seriously loses its credibility in terms of its commitment to tackling climate change and on the environment more broadly.

There was an important study released by the Post Carbon Institute last week that gives us an insight into how long our great shale oil bonanza — or more likely, bubble — is going to last.

New harassment and discrimination rules will come into effect this fall for lawyers in California [Big Law Business] US oil giant ConocoPhillips is set to sell its North Sea fields as it looks to concentrate its efforts on the shale opportunities available in its domestic market [Reuters] Is it the end for Barnes & Noble as Amazon triumphs?