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Shale oil output anchors a record growth in US production
2013-01-09 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
EnergyWire: Drawing on growing output from the Bakken and Eagle Ford shale plays, U.S. crude production averaged 6.4 million barrels a day last year, a gain of 800,000 barrels daily over 2011 -- the largest annual increase since the birth of the U.S. oil industry in 1859, the Energy Information Administration said yesterday. EIA's "Short-Term Energy Outlook" for January, the first with forecasts for 2014, projects U.S. crude oil output rising solidly to 7.3 million barrels a day this year and 7.9 million...
Tags: us
record
production
growth
Methane leaks cast doubt on shale gas climate credentials
2013-01-04 13:05:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: US scientists have once again warned large amounts of methane could be leaking from new onshore gas drilling projects, challenging claims the fuel can offer a lower emissions alternative to coal. Around nine per cent of the potent greenhouse gas methane produced by a gas field in Utah was shown to be escaping into the atmosphere, according to preliminary results published in Nature by a team comprising researchers at the National Oceanic and Atmospheric Administration (NOAA) and the University...
Buffett Like Icahn Reaping Tank Car Boom From Shale Oil
2013-01-03 09:31:55| Railroads - Topix.net
Warren Buffett and Carl Icahn are reaping the benefits of surging demand for railroad tank cars to haul shale oil from beyond the reach of existing pipelines.
Report: Shale Boom Brings Ohio 39K Jobs, W.Va. 11.8K
2013-01-02 08:24:07| Oil & Gas - Topix.net
Drilling and fracking natural gas wells is only part of the picture when it comes to the Utica and Marcellus shale industry supporting nearly 39,000 Ohio jobs in 2012.
Sinopec, Conoco Shale Gas Venture - Analyst Blog
2013-01-01 19:45:18| Oil & Gas - Topix.net
A team of scientists, economists and geopolitical experts have released a documentary revealing a "frightening pattern" they believe points to a massive economic catastrophe unlike anything ever seen in the history of the world.
Tags: blog
gas
venture
analyst
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