Sentences with phrase «shale oil and gas extraction»

Credit distress is rampant among energy companies, which borrowed heavily against the promise of shale oil and gas extraction and are now reeling from what looks like a prolonged price crash.

Not exact matches

In other cases, the story is more nuanced: For example, oil and gas extraction firms benefit, while the producers of petroleum and coal products lose, echoing the tension between refiners and oil - shale producers.

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.

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.

The alternative pathway, which the world seems to be on now, is continued extraction of all fossil fuels, including development of unconventional fossil fuels such as tar sands, tar shale, hydrofracking to extract oil and gas, and exploitation of methane hydrates.

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.

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.

Since the peak of crude oil production a decade ago, the fossil fuel industry has been forced to resort to costly and unconventional methods of extraction — arctic drilling and shale gas fracking among them — giving rise to unprecedented economic and environmental hazards.

Gazprom's (OTCQX: GZPFY) reaction to shale gas, until recently, has been to dismiss it as a short lived phenomenon while pushing ahead as hard as possible with the extraction of coal bed methane and going full steam ahead with the game changing vista of Arctic oil and gas, which I will look at in a separate blog.

In North Dakota, where oil drillers lack the equipment and pipelines to capture the gas that accompanies extraction of crude, the practice of flaring off the methane lights up some areas over the Bakken shale like big cities at night.

Moreover, in a world where fossil fuel resources are shrinking every year, and where the extraction of «residual» sources such as deepwater oil, tar sands and shale gas come with great environmental and safety risks, bioenergy production can also contribute to national energy security.

The alternative pathway, which the world seems to be on now, is continued extraction of all fossil fuels, including development of unconventional fossil fuels such as tar sands, tar shale, hydrofracking to extract oil and gas, and exploitation of methane hydrates.

Meanwhile, numerous industry efforts are underway to further exploit stressed public lands and perpetuate fossil - fuel dependence through the extraction of coal, oil and gas, oil shale and tar sands, and liquefied natural gas development — as well as uranium mining and milling and the construction of energy corridors and long - distance electric transmission lines.