Recent News

Natural Gas is Cheap

“The price of gas has risen rapidly this year.” “The price of gas has fallen to the lowest level in a decade.” According to the New York Times both of those statements are true. The first refers to gasoline, the second to natural gas. The two products serve very different markets, while natural gas has […]

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How much natural gas is there?

What is hydraulic fracturing? Hydraulic fracturing (fracking) is a method of extracting natural gas from the ground. Measuring the amount of natural gas is extremely difficult until the gas has been extracted from the ground. Most of the natural gas found in North American is concentrated in distinct areas. Historically, natural gas reserves have been found in Texas and surrounding the Gulf of Mexico.

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Why Drilling?

Oil is used because of its versatility, meaning, that it can be broken down into many useful products. Oil has high energy density, which is why we use oil in locomotives. Oil is located deep beneath the ground, so why do we go through the trouble and danger to extract it from deep underground? Because we have become dependent on oil as our number for form of energy.

Oil is extracted from the ground by a number of different drilling methods. Drilling must take place in areas over oil deposits, which unfortunately are located in prime and/or dangerous real-estate. From coast to cost we’ve had to build our oil extraction centers in areas with difficult environmental conditions, dangerously unstable politics, coveted tourist sites, or combinations of all of those factors.

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Conserve Energy, Stabilize the Economy

Can you imagine the world with two billion more people? The pollution? The energy usage? The climate change? Imagine the traffic jams. Energy policies are needed to regulate energy usage because, with so many more people, we won’t be able to control the climate change unless we start now.

Energy Education tweeted, “You don’t have to believe in climate change to solve it,” says Lovins. “Everything we do to raise energy efficiency will make money, improve security and health, and stabilize climate.” “will make money, improve security & health & stabilize climate” – Amory Lovins..

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Colorado Gov. Hickenlooper – “bringing the two sides together”

Controvery over hydrualic fracturing and the health effects on local water sources has swept the country causing an overwhelming response from the public and governement. FrackingScience, indicates the major controversy deals with the chemical usage during the hydraulic fracturing process. Although hydrualic fracturing fluid is less than 1% chemical and more than 99% water and sand, citizens are concerned that the chemicals could leak into their groundwater.

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Growth of Shale Gas Drilling in Ohio

In Ohio the use of the process known as hydraulic fracturing is said to increase. This process allows energy companies to access the Marcellus and Utica Shale Deposits.

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BP Sells More Oil Fields

Months after its spill in the Gulf, BP PLC continued to trim its worldwide portfolio. Recently, BP announced the sale of its share in a dwindling deep-water oil field in the Gulf of Mexico to Stone Energy Corp. for $204 million. BP’s original plan was to shed assets by accumulating $30 billion to fund costs […]

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Oil Prices Drop to $98 per Barrel

On Friday, oil prices dropped to $98 a barrel, which ended a week of volatility coinciding with Europe’s concerns about rising oil prices and increased debt. Higher oil prices would have also affected the U.S. economy. Thankfully, the price of oil ended lower at the end of the week than the beginning even though midweek […]

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ANWR Drilling Benefits Americans

One of the United States’ most pressing political issues over the past 40 years has been the question of whether or not to drill for oil in Alaska’s Arctic National Wildlife Refuge known as ANWR. Action has never been taken by the U.S. government to approve drilling because of presidential vetoes, Senate filibusters and allegiance […]

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Hydraulic Fracturing Can’t be Blamed

Many people question if hydraulic fracturing of gas-bearing rock deep beneath the earth’s surface is safe or not. One study done in Fort Worth showed how methane in the water was not caused by fracking. Duke University scientists published a study that was intended to determine whether fracking at Marcellus Shale natural gas wells in […]

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