Sentences with phrase «oil shale revolution»

America's oil shale revolution has occurred in spite of President Obama's attempts to block the widespread use of traditional, affordable energy resources.

Not exact matches

Also, notwithstanding a silly fiscal policy and the ongoing political impasse, the U.S. economy has some very good things going for it now, as even king of doom, Nouriel Roubini, couldn't help but note: the Fed is going to stick to its asset - buying regime for the foreseeable future, providing a monetary protein shake the recovery still very much needs; the housing rebound is well on its way, which is helping Americans rebuild their wealth and is boosting employment in many states with high jobless rates; and the shale oil and gas revolution continues to power investment, job creation and revenue growth.

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.

After years of declines, U.S. oil production has picked up dramatically since 2010 thanks to the so - called «shale revolution.»

This is especially true in the new boomtowns that have powered the shale oil revolution in the U.S. (For an on - the - ground report from North Dakota oil country, see «Waiting for the Reckoning.»)

What's more, the U.S. Energy Information Administration (EIA) just reported that, thanks to the revitalized shale revolution, the U.S. produced over 10 million barrels of oil per day in November, the first time it's done so since 1970.

(Wealth of Common Sense) • The shale oil revolution is in danger (Fortune) see also 26 Earthquakes Later, Fracking's -LSB-...]

Thanks to the so - called shale revolution, the US has enough oil that it's actually exporting more than 3 million barrels a day of gasoline and diesel to the rest of the world.

With the shale revolution of the last decade, oil and gas have also become important US exports.

The EIA reported that U.S. crude oil imports in 2015 were down 27 percent from their high in 2005, when the shale oil revolution was just getting under way.

What if an America made energy - independent by the shale revolution decides that the US should no longer guarantee the safety of oil wells in Saudi Arabia and Kuwait?

Of the 6 mb / d increase in global oil production between 2006 and 2014, almost a fifth came from the Canadian tar sands, and the rest from the US «shale oil revolution» driven by fracking.

But the shale oil revolution began well over 5 years ago, and we all had a pretty good idea as early as a couple of years ago what the impact was going to be.

While the report examines a range of energy sources, the centerpiece of «Drill, Baby, Drill» is a critical analysis of shale gas and shale oil (tight oil) and the potential of a shale «revolution.»

For Mitchell, who passed away at age 94, broke the code on shale gas and launched the unconventional revolution in oil and gas.

The dramatic rise in shale - gas extraction and the tight - oil revolution (mostly crude oil that is found in shale deposits) happened in the United States and Canada because open access, sound government policy, stable property rights and the incentive offered by market pricing unleashed the skills of good engineers.

The 2010 Deepwater Horizon accident and spill in the Gulf of Mexico was a major setback for the offshore hydrocarbons industry; prospects for offshore oil and gas have also been shaken by the shale revolution and by lower prices, and must cope with longer - term uncertainties over demand.

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 Trump Administration will embrace the shale oil and gas revolution to bring jobs and prosperity to millions of Americans.

Although few yet understand it, the revolution in the production of oil and natural gas from shale has altered the course of global energy, affecting most of the world's people.

«The United States stands today at the heart of a twin energy revolution: a booming shale oil and gas industry and also rising supplies of liquefied natural gas (LNG),» Dr Birol said during his presentation.

Both of these assumptions have been completely reversed by the shale oil revolution, dramatically increasing North American energy production and increasing crude oil exports.

The revolution is a shale energy / fracking revolution, carried along by the combination of modern hydraulic fracturing and advanced horizontal drilling that unlocked vast reserves of oil and natural gas in shale and other tight - rock formations.

The U.S. shale oil industry hailed as a «revolution» has burned through a quarter trillion dollars more than it has brought in over the last decade.

Refinery advantage: the US shale revolution boosted crude production to a record 10.5 million barrels per day, upending the global oil market by adding millions of barrels of very light crude to the supply mix.

That projection — almost unimaginable less than a decade ago — results from the energy revolution, in which private investment and private producers are accessing vast quantities of oil and natural gas from shale and other tight - rock formations, safely and responsibly, via modern hydraulic fracturing and horizontal drilling.

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.

Oil imports have dropped dramatically over the past five years, from 60 percent of consumption to around 35 percent; but the credit goes to the shale revolution that has greatly boosted domestic production.

Canadian oil sands development is now operating at scale, the shale gas and tight oil revolutions are upon us in the United States, and major institutional energy reforms in Mexico are under way that could enable substantial new investment in the Mexican oil and gas sector.

As the shale - drilling revolution floods domestic markets with cheap oil and gas, federal regulators have withered under pressure.

• The shale revolution has created a new competitive environment for investment in offshore oil and gas • Policy support and technology developments promise major cost reductions for the next wave of offshore wind projects

In particular, he's an excellent commentator on all things energy, such as the so - called «shale gas and tight oil revolution» and the much vaunted «U.S. Energy Independence» meme (is meme still a word?).

The U.S. Chamber of Commerce released the third part of a study, titled «America's New Energy Future: The Unconventional Oil and Gas Revolution and the U.S. Economy» (PDF), which opposes regulation to shale energy production (hydraulic fracturing).

The dramatic increase in domestic oil and gas production since 2008 — the so - called «shale revolution» — has been a boon to the US economy and the Obama administration... At the core of this evolution is hydraulic fracturing.

In fact, probably the main benefit of the US shale gas and oil «revolution» is that it's keeping the fossil fuel industry and it's cheer squad distracted while renewables, electric cars and associated technologies build the momentum needed to make their takeover unstoppable — even by the most powerful industry in the world.

Take ConocoPhillips, which highlights its «emerging technologies and alternative energy sources» activities on its website — but fails to mention that in April 2012 it divested all of these activities to focus exclusively on its «core business» of exploring for and producing oil and natural gas, and specifically to take advantage of the North American «shale revolution» and tar sands production in Canada.