Bipartisan Policy Center http://bit.ly/10f94iw [Oil and Gas Journal article by Nick Snow] US natural gas prices are unlikely to rise markedly under a variety of scenarios, including those with increased demand across multiple sectors, a study by the Bipartisan Policy Center’s Energy Project staff concluded. BPC said the report analyzed the combined effect of increased … Continue reading »
Tagged with Unconventional Fossil Fuels …
Full-text of USGS-Duke Paper Finding No Fracking-related Groundwater Damage to the Arkansas River
“Geochemical and isotopic variations in shallow groundwater in areas of the Fayetteville shale development, north-central Arkansas,” / by Warner, N.R., Kresse, T.M., Hays, P.D., Down, A. , Karr, J.D., Jackson, R.B., Vengosh (Applied Geochemistry, Published online May 14, 2013; http://dx.doi.org/10.1016/j.apgeochem.2013.04.013) http://www.sciencedirect.com/science/article/pii/S0883292713001133 [Duke University Nicholas School Green Grok blog] …This week that same Duke team, in collaboration with scientists from the … Continue reading »
U.S. Energy: the New Reality
Chatham House / by John Mitchell http://www.chathamhouse.org/publications/papers/view/191405 The trend of rising US dependence on imports of foreign oil and natural gas has been abruptly reversed, as a result of falling domestic demand for oil and increasing domestic supplies. This trend is likely to continue until at least 2020. There are significant transitional challenges. The main … Continue reading »
Draft US Bureau of Land Management Rules for Fracking on Public Lands
US Dept. of the Interior, Bureau of Land Management http://on.doi.gov/10TauUv [PDF of Draft Rules] http://www.blm.gov/wo/st/en/info/newsroom/2013/may/nr_05_16_2013.html [BLM Press Release] [InsideEPA.com, sub. req'd] …DOI Secretary Sally Jewell May 16 unveiled the long-awaited proposed rule governing fracking operations on public land overseen by the Bureau of Land Management (BLM) and tribal lands. The proposal would update decades-old requirements … Continue reading »
U.S. LNG Exports: Impacts on Energy Markets and the Economy
ICF for the American Petroleum Institute http://www.api.org/~/media/Files/Policy/LNG-Exports/API-LNG-Export-Report-by-ICF.pdf [Oil and Gas Journal] LNG exports could create at least 73,100-145,100 and up to 220,100-452,300 new US jobs over 20 years while having a minimal impact on US gas prices, a new ICF International study commissioned by the American Petroleum Institute concluded. The study, US LNG Exports: Impacts … Continue reading »
The 2013 U.S. Electric Utility Report
Black & Veatch http://bv.com/reports/2013-electric-utility-report [From an Energy Wire article by Saqib Rahim, sub. req'd] …According to engineering consultancy Black & Veatch, pipeline chokepoints have caused brief but extreme spikes in natural gas prices. Without new infrastructure, the firm said, consumers could face unsavory consequences: high bills and unreliable service. The ugliest scenario has yet to occur, … Continue reading »
The Economic Effects of Hydrofracturing on Local Economies: A Comparison of New York and Pennsylvania
Empire Center for New York State Policy / by Diana Furchtgott-Roth & Andrew Gray http://bit.ly/13YAXOx [Gannett Press Connect] A new report from a conservative think tank says income levels would grow more rapidly upstate if New York allows hydraulic fracturing in the Marcellus Shale. The report from the Empire Center for New York State Policy found … Continue reading »
Hydrofracking: State Preemption, Local Power, and Cooperative Governance
Case Western Reserve Law Review ( 2013, v63 n4 ) / by John R. Nolon and Steven E. Gavin http://bit.ly/10Co1ts Advocates for the gas drilling technology known as hydraulic fracturing, or fracking, argue that it will bring significant economic benefits to the private and public s ectors. Its opponents dispute these claims and point to significant environmental and public health risks associated with fracking—risks … Continue reading »
Employment and Wage Changes in Oil-producing Counties in the Bakken Formation, 2007–2011
US Bureau of Labor Statistics Beyond the Numbers: Employment and Unemployment (April 2013, vol. 2, no. 11) / by Paul Ferree and Peter W. Smith http://www.bls.gov/opub/btn/volume-2/employment-wages-bakken-shale-region.htm The Bakken Formation is an oil-producing shale formation underneath North Dakota, Montana, and parts of Canada. In recent years, horizontal drilling and hydraulic fracturing techniques, combined with higher prices for … Continue reading »
The Case for U.S. Liquefied Natural Gas Exports
Brookings Institution / by Charles K. Ebinger and Govinda Avasarala http://bit.ly/16yUPvD The recent natural gas ‘revolution’ in the United States has encouraged a nationwide shift in its energy consumption patterns. An abundance of unconventional natural gas (with help from a patchy economic recovery) has allowed for sustained low natural gas prices. With prices currently hovering … Continue reading »
