The geopolitical order is changing when it comes to oil and gas.
NBC reports that in December, the United States was, for the first time in 40 years, not the world’s leading importer of oil. Instead, it was China.
Meanwhile that month, North Dakota, Ohio and Pennsylvania together produced more oil than Iran exported.
The U.S. oil and gas boom makes the United States more globally competitive, and some experts say it could boost the country’s global influence.
There’s more than oil in the North Dakota oil fields, and thanks to waterless hydro fracking, there’s a less controversial way to access the Natural Gas reserves.
FTR Energy Services uses its name under a license agreement with Frontier Communications. FTR Energy Services is licensed in Indiana, Ohio (#12-523E(1) for electricity service and #11-226G(1) for natural gas service) and New York (ESCO Code FTRE). FTR may offer two rate plans.
BP, which agreed to plead guilty to criminal charges after the worst oil spill in U.S. history, will be temporarily suspended from winning new contracts from the federal government. | Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon in the Gulf of Mexico on April 21, 2010 near New Orleans, Louisiana. Photograph: U.S. Coast Guard via Getty Images)
The largest ameratex fracking opportunities in the U.S. lie in shale plays, including:
Barnett Shale, Texas
Bakken Shale, North Dakota
Haynesville Shale, Louisiana
Marcellus Shale, Appalachian Basin
Raton Basin, Colorado
Despite the success in the U.S., fracking has been slow to spread to other countries around the world. Many governments, like those in Europe, Asia, Africa and South America, own mineral rights that create little incentive for private parties. The practice was also temporarily suspended in Britain after a series of small earthquakes led to some concerns.
He was offered $100,00 by a natural gas company for permission to drill on his land. Instead, he made this movie, and became a force in the anti-fracking movement. Environmental rockstars unite.
Some train operators see a potential shift to natural gas as a huge transition in locomotive technology, similar to the move from coal engines to diesel, according to Oil Price.
Pressure piles up on Bulgaria from 15 countries over Renewable Energy policy which risks driving away investors.
The Energy Information Administration released its weekly report on the condition of petroleum inventories in the United States today.Here are some highlights:CRUDE INVENTORIES:Crude oil inventories increased by 5.9 million barrels to a total of 375.
WWF Canada shared the following link and had this to say about it: According to some, the proposed Northern Gateway oil pipeline project is “dead.” But in life as in the movies – it’s not over until it’s really over. know the scene. It’s a horror movie standby: the hero, having apparently won the day, breathes a sigh of relief and turns to go.
Finally, a month after losing a dangerously radioactive fracking rod, after calling in the Texas National Guard, Halliburton found it on the side of a highway. is enough. It’s time to move away from this dangerous, dirty, extreme form of gas extraction and instead create a better future with renewable energy.
As the population grows, our environment and our health cannot withstand the rising rate of deforestation. We must find clean and renewable energy sources.
Let’s see, I understand that in parts of California, gas is close to $6.00 per gallon. Why did Obama give Brazil $2 billion American dollars so they could do offshore drilling in their country, while he continuously obstructed the building of the Alaskan pipeline in our country? He’s not a friend of America.
How is natural gas helping Texas? Simply put, it is boosting our economy. Natural gas contributes more than $100 billion to the Texas economy each year, including product sales, royalties, and property, state, local and severance taxes.
A total of 480 million solar renewable energy credits (RECs) are expected to be traded in India by 2016 & total capacity of REC projects could be 868 MW by 2016.