Sentences with phrase «of hydraulic fracturing technology»

Gas turbines are also attractive because natural gas is relatively cheap and abundant, due in part to the introduction of hydraulic fracturing technology, or fracking, which uses high - pressure water to extract hydrocarbons from previously inaccessible shale deposits.

Not exact matches

It's also critical to a future less dependent on foreign oil: Hydraulic fracturing, «clean coal» technologies, nuclear fuel production, and carbon storage (the keystone of the strategy to address climate change) all count on pushing waste into rock formations below the earth's surface.

Falcon and the others are attempting an engineering exercise of trying to get known resources to flow out of low permeability rocks by transferring modern high volume hydraulic fracturing technology from the U.S.

His study attributes the expected growth in oil output largely to a combination of high oil prices and new technologies such as hydraulic fracturing that are opening up vast new areas and allowing extraction of «unconventional» oil such as tight oil, oil shale, tar sands and ultra-heavy oil.

As head of the Department of Environmental Conservation's Division of Mineral Resources, Bradley J. Field is a prominent figure in an agency that has promoted hydraulic fracturing as a risk - free and impeccably regulated technology with a proven track record in New York.

This technology holds great potential to lower the «dread to risk ratio» surrounding the hydraulic fracturing process, in which water with traces of other substances is injected into a well at high pressure to fracture deep shale layers holding the gas.

I start (and started) from the premise that the dramatic decline in crude oil prices that took place from August, 2014 ($ 96 / barrel), to March, 2015 ($ 44 / barrel), was due — on the one hand — to decreased demand, a function of slow economic growth in Asia, Europe, and elsewhere, endogenous, price - driven technological change leading to greater fuel efficiency, and policy - driven technological change that also has been leading to greater fuel efficiency, such as more stringent Corporate Average Fuel Economy (CAFE) standards in the United States; and — on the other hand — was due to increased supply, partly a function of the growth of unconventional (tight) U.S. oil production (a product of the combination of two technologies — horizontal drilling and hydraulic fracturing).

Hydraulic fracturing is modern technology, safely and responsibly developing vast reserves of oil and natural gas from shale and other tight - rock formations.

Despite opposition from environmental groups, the Obama administration apparently supports the expansion of the natural gas industry and the controversial technology of hydraulic fracturing.

«Recent U.S. production growth has centered largely in a few key regions and has been driven by advances in the application of horizontal drilling and hydraulic fracturing technologies.»

The «comprehensive long - term energy policies and strategies» slogan also ignores where the real progress of recent years has been made: in the private sector, especially the petroleum industry, where revolutionary horizontal drilling and hydraulic fracturing technologies have unlocked centuries of oil and natural gas worldwide.

Then came the revolutionary integration of technologies such as hydraulic fracturing and horizontal drilling.

Hydraulic fracturing is a modern technology, safely and responsibly developing vast reserves of oil and natural gas from shale and other tight - rock formations.

«Safe, innovative hydraulic fracturing technologies have freed the United States from years of fear mongering that America's energy future was bleak.

There's much that impresses about hydraulic fracturing if you see it up close, which I did during a recent tour of Anadarko Petroleum natural gas operations near Williamsport, Pa.: the technology, the company's highly skilled workers, the game - changing resource opportunities in the Marcellus Shale and more.

Since the expansion of hydraulic fracturing and horizontal drilling technologies broke the trend of high energy prices in 2014, Americans have prospered — not only from lower... Read More

If lawmakers pursue energy policies that constrain domestic oil and natural gas production, particularly from hydraulic fracturing and horizontal drilling, they could consign future generations of Americans and millions of people around the world to a less prosperous and productive future, because those energy production technologies account for the bulk of our nation's increased energy production.

Notably, the United States has reduced carbon emissions 14 percent since 2005, with about two - thirds of those reductions attributable to increased natural gas use made possible by hydraulic fracturing technology.

Over the past several years, vast caches of natural gas trapped in deeply buried rock have been made accessible by advances in two key technologies: horizontal drilling, which allows vertical wells to turn and snake more than a mile sideways through the earth, and hydraulic fracturing, or fracking.

The 21st century energy revolution — brought about by advances in the decades - old technology of hydraulic fracturing and innovations in horizontal drilling — has positively touched the lives of all Americans.

It looks as if the study - conducted by a team led by Robert Howarth, and to be published in May's Climatic Change Letters - has put shale - gas, extracted using controversial hydraulic fracturing technology, at the top of the climate impact bad - boy league.

I am often asked why the anti-fossil-fuel crowd has so recently turned against the decades - old technology of hydraulic fracturing, or fracking, that has provided such economic and environmental benefits and has become even safer due to ever - increasing advances.

Will we encourage industry investments, innovations and advanced technologies — including hydraulic fracturing and horizontal drilling that unlocked vast reserves of shale energy?

Denver Business Journal: The boom in oil and natural gas production in North America, largely due to the new technologies of horizontal drilling and hydraulic fracturing, is changing the balance of power across the world, former Secretary of State Condoleeza Rice told attendees at the Vail Global Energy Forum.

China, the world's top energy user, is believed to hold the world's largest reserves of shale gas, which is trapped in rocks and requires a technology called hydraulic fracturing, or fracking, to unleash.

The EPA study is just one of many during the course of the technology's 65 - year history to affirm the effectiveness of industry standards and strong state regulations in keeping hydraulic fracturing operations safe for the environment.

It's also critical to a future less dependent on foreign oil: Hydraulic fracturing, «clean coal» technologies, nuclear fuel production and carbon storage (the keystone of the strategy to address climate change) all count on pushing waste into rock formations below the earth's surface.