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Oil formation could fuel Valley boom

2013-10-20 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hanford Sentinel: The cure to Kings Countys unemployment problem could be oil thousands of feet underground, according to a California State University, Fresno study released Friday. The study forecast that major development of the multi-county Monterey Shale oil formation could create 195,000 jobs, generate $22 billion in personal income and produce $6.7 billion in new taxable sales. The study, commissioned by the Western States Petroleum Association, was conducted by Fresno State economics professors Antonio...

Tags: formation oil valley fuel

 

Australia: A boom Broome doesn't want

2013-10-19 08:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Sydney Morning Herald: Fresh from fighting off Australia's biggest gas hub, the people of national tourism hotspot Broome now face another challenge: fracking in their water supply. Fairfax Media can reveal an oil and gas company is negotiating with native title groups after the West Australian government gave it exploration rights over 3750 square kilometres of the Kimberley, including most of Broome's groundwater reserves. The company, Goshawk Energy, has compared the area's geology to the Bakken Formation in the...

Tags: want australia boom broome

 
 

No Freeze on Winter Energy Prices, Despite Natural Gas Boom

2013-10-19 00:32:00| Climate Ark Climate Change & Global Warming Newsfeed

National Geographic: Leave it to British wits to put to rest any notion that the world's winter energy woes have been eliminated by the North American natural gas boom. They let loose Thursday, soon after Great Britain's largest energy supplier, British Gas, announced a 10 percent price hike to go into effect on the eve of the cold season. In what will go down as one of the great corporate social media faux pas, the company invited customers to dialogue using the hashtag #askBG on Twitter. "Is it true that the...

Tags: prices natural energy winter

 

Oil Boom Fuels Freight Rail Renaissance

2013-10-16 20:12:13| ENR.com: Headline News

Fracking operations in North Dakota and other locations are prompting the rail industry to upgrade capacity

Tags: oil boom rail renaissance

 

United Kingdom: Fresh questions raised over fracking jobs 'boom'

2013-10-16 11:14:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Projections suggesting the UK's nascent fracking industry could grow rapidly to support up to 74,000 jobs have come under fire this morning, as reports reveal that official estimates put the job creation potential of the sector at no more than 24,300 full-time posts. This summer a report from the Institute of Directors predicted that the UK shale gas industry could support up to 74,000 direct and indirect jobs, at the same time as helping to hold down energy costs and bolstering UK energy security....

Tags: questions united jobs kingdom

 

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