Talk to any financial adviser, and they’ll tell you diversity within your portfolio is important for long-term growth and sustainability. Diversity helps you adapt to changing markets and weather short-term storms to achieve your goals.
The same can be said about energy. Diversity is a
A new study conducted by the University of Buffalo has found that state regulation helped reduce environmental problems associated with unconventional forms of natural gas drilling in Pennsylvania since 2008.
In an analysis of 2,988 violations at nearly 4,000 Pennsylvania hydraulic fracturing drill sites, university
The United Arab Emirates, much like some of the other countries throughout the Middle East, is doing what it can to ensure it becomes much more energy efficient and starts using more renewable sources of energy. Dubai, much like its neighbor Abu Dhabi, is doing what it can to ensure the entire state becomes much more clean technology friendly. This includes
Secretary of the Interior Ken Salazar approved this week a major natural gas project in Utah’s Uinta Basin that could develop more than 3,600 new wells over the next decade. The project will support up to 4,300 jobs during development.
By signing the Record of Decision (ROD) for the Greater Natural Buttes Project, proposed by Anadarko Petroleum Corporation, Secretary Salazar approved up to 3,675 new gas wells in an existing gas producing area in Uintah County, Utah. The decision follows a landmark comprehensive public consultation and conservation stakeholder involvement effort that resulted in a balanced approach to energy production and environmental protection that will boost America’s energy economy.
The project encompasses approximately 163,000 acres — but will bring new surface disturbance to just five percent of that area (approximately 8,100 acres) as a result of the 1,484 well pads approved in the ROD, which would be drilled over a period of 10 years.
The ROD was signed at a ceremony at the Kern River Compressor Station in Salt Lake City. Secretary Salazar and Director Abbey were joined by BLM Utah Director Juan Palma and representatives of Anadarko, the Wilderness Society and the Southern Utah Wilderness Alliance.
The BLM prepared the Final Environmental Impact Statement (FEIS) or the project in coordination with the Bureau of Indian Affairs and Uintah County, which participated as formal cooperating agencies during the EIS process. The BLM also closely coordinated with the U.S. Fish and Wildlife Service and the Environmental Protection Agency to ensure their concerns were addressed.
As a result of a collaborative process among federal, state, local and tribal governments, Anadarko and the Utah conservation community, the project will implement best management practices in the project area to safeguard air quality and protect crucial big game winter range, sage-grouse and sage-grouse habitat, sensitive soils, visual effects and recreational use.
Article by Roger Greenway, appearing courtesy Environmental News Network.
Ever since the introduction of the Tesla Roadster in 2008, compressed natural gas (CNG) has taken a back seat as an alternative fuel in the U.S. retail automotive market. Despite heavily financed advocacy campaigns, the technology has suffered from a lack of model availability, infrastructure, and public interest. Recent announcements from both
A new study estimates that fluids used in the hydraulic fracturing of natural gas in the Marcellus Shale region can migrate into underground drinking water supplies far more quickly than experts have previously estimated.
The study, based on computer modeling and funded
A planned shale gas drilling project in New York state would utilize a waterless form of hydraulic fracturing, a new technique designed to reduce the potential pollution associated with the controversial natural gas drilling process.
Rather than using typical hydraulic fracturing
Shale oil, known also as kerogen oil or oil-shale oil, is an unconventional oil produced from oil shale by pyrolysis, hydrogenation, or thermal dissolution. These processes convert the organic matter within the rock (kerogen) into synthetic oil and gas. The resulting oil can be used immediately as a fuel or upgraded to meet refinery feedstock
A new study says that methane leaks from natural gas drilling, particularly hydraulic fracturing, are likely higher than previously estimated and concludes that converting vehicles from gasoline to compressed natural gas will actually produce more greenhouse gas emissions unless methane leaks are significantly reduced.
With escalating shale oil production putting the US on track to become the world’s largest oil producer, investors are challenging an increasingly common industry practice – burning off or ‘flaring’ associated natural gas from shale oil wells – as environmentally damaging, economically wasteful and a threat to the industry’s bottom line.
As oil prices soar, the exploration of alternative fuel sources continues. Primus Green Energy, based in Hillsborough, New Jersey, has created a high quality, 93-octane bio-gasoline at a price that will be both competitive and profitable once production is scaled up.
Exxon Mobil CEO Rex Tillerson says that a drilling method that has made vast natural gas resources accessible across the U.S. has been unable to crack some shale rock formations in Europe and China.
Speaking to energy analysts, Tillerson said two attempts to tap gas-rich shale fields in Poland through
2011 was a year of much political chest thumping but not much progress on the significant issues. Subsidies for wind energy are among the many unanswered questions and are likely victims of the challenging budget decisions. The industry has grown used to generous subsidies for wind generated electricity. The current subsides are going to expire at the end
There is a lot of discussion lately about domestic energy production and American energy security. For the Obama Administration, moving towards the goal of energy independence has been a clear priority since day one. When President Obama took office, the United States imported 11 million barrels of oil a day. The President has put forward a plan to cut that by