Sentences with phrase «shale industry came»
Risks to a timely recovery include any unexpected production increases (Iran, North Africa and a highly elastic US shale industry all come to mind) or demand hiccups due to an economic slowdown.
http://us.beyondbullsandbears.com/ Not exact matches
The extraordinary cost reductions achieved by North American oil and gas companies have likely reached their limit, and any boost in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from higher oil prices, according to a new report from Moody's Investors Service.
Calpine's deal comes at a time when the U.S. wholesale power generation industry is struggling with margin pressure as cheap natural gas from shale fields in recent years has been driving down electricity prices.
In Australia much of the financial support for Abbott's Liberal Party comes from the coal industry while in Canada PM Harper's support comes from the highly polluting tar - sands and oil - shale mining businesses.
It has all the hallmarks of a new industry with ups and downs, but it is clearly here to stay — even with cheap natural gas coming from hydraulic fracturing (fracking) in shale formations.
Two big blows to the natural gas industry have come in less than 24 hours, with both the province of Quebec and New York state effectively banning shale gas extraction over concerns with the process of hydraulic fracturing (a.k.a. «fracking»).
(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.)
When it comes to shale gas, the NY DEC is an environmental agency in name only http://www.scribd.com/doc/100132075/New-York-s-Nonexistent-Environmental-Agency Not much hard science necessary for that Some industry brochures sufficed for the dSGEIS
While U.S. oil production is down from last year's highs and bankruptcies are up, the industry has become more efficient and the cost of extracting oil from shale is continuing to come down — resulting in the sixth straight week of an increased rig count and the 15th without a decrease.