(Estimates of
shale gas potential vary from 22 to 55 Tcm.)
China is believed to have sizable
shale gas potential but, like in many countries, this potential is not yet well understood.
Under a new Shale Gas Initiative, the U.S. and China will «use experience gained in the United States to assess China's
shale gas potential, promote environmentally - sustainable development of shale gas resources, conduct joint technical studies to accelerate development of shale gas resources in China, and promote shale gas investment in China through the U.S. - China Oil and Gas Industry Forum, study tours, and workshops.»
A presentation on New York
shale gas potential will be held later today at The Foothills Performing Arts Center at 24 Market Street, Oneonta.
Not exact matches
Goldman Sachs has downgraded its estimations for oil prices for this year, citing a
potential rise in
shale gas production, new projects and OPEC restrictions.
Adam Sieminski, head of the department's Energy Information Administration, said: «Today's report indicates a significant
potential for international
shale oil and
shale gas, though the extent to which technically recoverable
shale resources will prove to be economically recoverable is not yet clear.»
On the
shale revolution, the report concedes that energy prices for U.S. businesses might well rise if Washington decides to lift an old prohibition to export natural
gas to countries who haven't signed a free trade agreement with the U.S. (which includes Japan and China, among America's best
potential customers.)
«However,
shale gas has huge
potential in the UK, and is an opportunity to develop a new, homegrown energy source that would displace foreign imports and create tens of thousands of jobs.
Calling the rejection «disappointing,» the British energy minister, Andrea Leadsom, said in a statement that «
shale gas has huge
potential in the U.K. and is an opportunity to develop a new, homegrown energy source that would displace imports and create thousands of jobs.»
Third, the advent of
shale gas and its widespread geographic distribution suggest the
potential for global
gas trade rather than the series of regional markets that exist today in Asia, North America and Europe.
However, given the company's strong balance sheet, future growth plans, and the strong long - term
potential future of America's
shale oil and
gas production, I remain bullish on frac sand producers in general, and US Silica specifically.
The
shale gas industry is on the cusp of moving into the mainstream - and the
potential economic benefits are huge.
Ed Davey has dismissed the prime minister's claim that fracking has
potential to «drive energy bills down» in a speech on
shale gas development.
The outgoing Liberal Democrat party president, viewed by many as a
potential future party leader, has cast further doubt over his party's ongoing commitment to
shale gas extraction by repeating his concerns.
The Government's decision to allow exploration of
potential shale gas reserves to proceed has been welcomed by engineers, who say it could have major environmental benefits.
Riverkeeper is actively involoved in litigation, advocacy, and public education surrounding the issue of
shale gas extraction and related infrastructure, particularly because of the
potential impacts on New York State's drinking water supplies.
«I want to see proper environmental safeguards and generous community benefits for the areas where fracking will take place, but does my right hon. Friend agree that
shale gas has the
potential not only to lead an industrial renaissance in this country but to play a serious part in dealing with fuel poverty?»
Increased
shale -
gas production created a boom in some parts of the country but has also led to concerns over
potential contamination of drinking water and possible human health impacts related to hydraulic fracturing.
Given those concerns and the ongoing shift to
shale gas, Miller and her colleagues felt it was important to place into proper context the
potential human health impacts of
shale gas relative to coal.
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.
«These findings are particularly relevant to the
shale gas industry as extraction of
shale gas has the undesired
potential effect of induced seismic events activating a nearby fault.»
The two reported that 80 percent of the
potential area to store CO2 underground in the United States could be restrained by
shale and tight
gas development.
Working closely with a global network of leading scientists and institutions, ReFINE focuses on researching the
potential environmental risks of hydraulic fracturing for
shale gas and oil exploitation.
«The currently available evidence indicates that the
potential risks to public health from exposure to emissions associated with the
shale gas extraction process are low if operations are properly run and regulated,» said John Harrison, director of PHE's center for radiation, chemical and environmental hazards.
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.
In 2013, we brought together scientists to discuss the challenges in environmental monitoring across the energy sector, including those working in the nuclear industry and researchers examining the
potential risks around
shale gas extraction.
Given that this
gas rush has been lent credibility by some sectors of academia, it is good that you bring up the topic of
potential conflicts of interest in academia related to the issues surrounding
shale gas.
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.»
Opponents of expanded
gas drilling have coined the term «frackademia» for university research on the
potential impacts of the boom in
shale gas drilling that involves industry money or experts with industry ties.
A simple top - down analysis, based on global scale changes in carbon dioxide and methane, provides some insight into the
potential impact of U.S.
shale gas production and displacement of coal on global climate.
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.
Meanwhile,
shale gas «fracking» and the
potential recovery of methane hydrates from the ocean floor demonstrate that there is a great deal of R&D left to do in the fossil fuel sector.
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.
There could be as much as 2,600 trillion cubic feet (tcf) of natural
gas available domestically.63 The U.S. currently uses approximately 22 tcf per year.64 If the
shale deposits meet their
potential, these finds will certainly help accelerate the retirement of coal power plants and reduce our dependence on foreign oil and our foreign exchange imbalance.
``...
shale gas offers no meaningful
potential as even a transition fuel.
It also calls for a higher EU energy efficiency target, expanding energy efficient policies, rapid reform of EU carbon markets and caution when assessing
shale gas's
potential contribution to the energy mix.
It says the EU has yet to evaluate the
potential of
shale gas and has only «limited» exploration experience.
Palmer believes there are four major drivers for changing basis differentials: changes in supply from
shale gas development, the
potential growth in liquefied natural
gas shipments, planned Gulf Coast chemical plant investments, and swelling exports to Mexico.
[10], [11] Recognizing the
potential health and environmental impacts on local water sources, the EPA is studying water impacts of hydrofracking on
gas shale production.
Potential Kinetic Mechanical Electric Heat Internal Chemical Nuclear Electromagnetic radiation Gemini Center Energy and Climatization Renewable Energy Resources Solar radiation Hydro Wind Ocean related energy Wave, tidal, thermal gradient, salinity gradient Chemical energy Crops, wood, forest residues, waste Geothermal Internal Gemini Center Energy and Climatization Non-Renewable Energy Resources Chemical energy Fossil fuels coal, oil,
gas, peat, tarf, oil
shale, marlstone, tar sand Nuclear /
Matt Ridley, author of The Rational Optimist (winner of the Hayek prize), will speak on the
potential for
shale gas.
The day prior Quebec's environmental review board released a report finding that there are «too many
potential negative consequences to the environment and to society from extracting natural
gas from
shale rock deposits along the St. Lawrence River.»
The first looked at the overall prospects for unconventional
gas in a low
gas - price environment; the second detailed the outlook for Argentina; the third examined social and environmental aspects; and the concluding session considered the
potential implications of
shale gas for regional energy use, trade and infrastructure.
Furthermore, if the natural
gas is sourced from unconventional
shale sources,
potential methane emissions «may add a further 25 % to its carbon intensity.»
The Energy Commission will continue to monitor the
potential environmental impacts associated with
shale gas extraction, including carbon footprint, volume of water use and risk of groundwater contamination, air pollution, and
potential chemical leakage.
To follow - on to my post from yesterday, I want to highlight a video put together by the folks at Energy in Depth that notes the amazing
potential for natural
gas from
shale to lower CO2 emissions.
While natural
gas production from
shale formations has significantly increased domestic production, there is ongoing investigation of
potential environmental concerns related to
shale gas development, including carbon emissions and possible groundwater contamination.
«I passionately believe that there is big
potential for fracking and unconventional
gas in Britain, which has some
shale reserves that could make a real difference,» said Cameron, the keynote speaker at the American Fuel and Petrochemicals Manufacturers annual conference in San Antonio.
According to the IEA, the economical extraction of
shale gas more than doubles the projected production
potential of natural
gas, from 125 years to over 250 years.
Coming on the heels of news of «vast reserves» of
shale gas in England, opponents of fracking are highlighting the
potential threat the natural
gas extraction method could pose in another area of the nation — this time to