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U.S. Fracking's Larger Implications

This is a discussion on U.S. Fracking's Larger Implications within the Energy forums, part of the US Discussion category; Here's the future, folks......


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  #151 (permalink)  
Old 12-14-2012, 11:26 AM
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Here's the future, folks...
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  #152 (permalink)  
Old 12-18-2012, 10:06 AM
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Fuel Fix » Fracking boom is dollar boon in energy independence

The dollar will be on average 2 percent stronger against 46 currencies by the end of 2014, as the price of West Texas Intermediate crude rises 14 percent, according to Bloomberg economist surveys.
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  #153 (permalink)  
Old 12-31-2012, 08:21 AM
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Shale-Gas Revolution Spurs Wave of New U.S. Steel Plants: Energy - Bloomberg

Austrian steelmaker Voestalpine AG (VOE) said Dec. 19 it may construct a 500 million-euro ($661 million) factory in the U.S. to benefit from cheap gas. Nucor Corp. (NUE), the most valuable U.S. steelmaker, plans to start up a $750 million Louisiana project in mid-2013. They’re among at least five U.S. plants under consideration or being built that would use gas instead of coal to purify iron ore, the main ingredient in steel.

“That technology has been around 30 years, but for 29 years gas prices in the U.S. were so high that the technology was not economical,” said Michelle Applebaum, managing partner at consulting firm Steel Market Intelligence in Chicago. “This is how steel will be built moving forward.”
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  #154 (permalink)  
Old 12-31-2012, 03:10 PM
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Unfortunately, in 1961, humanity drilled where it should never have drilled...

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  #155 (permalink)  
Old 01-09-2013, 08:54 AM
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Shale Gas Will Fuel a U.S. Manufacturing Boom | MIT Technology Review

The plummeting price of natural gas, which can be used to make a vast number of products, including tires, carpet, antifreeze, lubricants, cloth, and many types of plastic, is luring key industries to the United States.

HEY OBAMA - remove your oil and gas tax provisions from your proposed budget!

Step aside and let the real job creators do their thing.
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  #156 (permalink)  
Old 01-16-2013, 08:09 AM
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Energy boom poises Ohio for real growth






Overall, by 2017, our study shows that natural gas will add between 42,900 and 84,000 jobs in Ohio from 2010 levels. This year alone, drilling will add $300 million in state and local taxes.
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  #157 (permalink)  
Old 01-17-2013, 09:16 AM
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California Could Be the Next Shale Boom State

Mark Mills: California Could Be the Next Shale Boom State - WSJ.com

...California has Saudi Arabia-scale oil resources, notably in its largely untapped Monterey shale field, which stretches northeast for more than 200 miles from Bakersfield in central California. New technologies, especially smart, horizontal drilling and hydrofracturing, aka "fracking," make that oil accessible, and cleanly. The U.S. Energy Information Administration estimates that the Monterey shale field alone holds 15.4 billion barrels of oil, rivaling America's total conventional reserves.
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  #158 (permalink)  
Old 01-18-2013, 07:25 AM
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Quote: Originally Posted by Mr. H. View Post
California Could Be the Next Shale Boom State

Mark Mills: California Could Be the Next Shale Boom State - WSJ.com

...California has Saudi Arabia-scale oil resources, notably in its largely untapped Monterey shale field, which stretches northeast for more than 200 miles from Bakersfield in central California. New technologies, especially smart, horizontal drilling and hydrofracturing, aka "fracking," make that oil accessible, and cleanly. The U.S. Energy Information Administration estimates that the Monterey shale field alone holds 15.4 billion barrels of oil, rivaling America's total conventional reserves.
I don't think so.
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Old 01-20-2013, 08:40 PM
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Quote: Originally Posted by RGR View Post
Quote: Originally Posted by Mr. H. View Post
California Could Be the Next Shale Boom State

Mark Mills: California Could Be the Next Shale Boom State - WSJ.com

...California has Saudi Arabia-scale oil resources, notably in its largely untapped Monterey shale field, which stretches northeast for more than 200 miles from Bakersfield in central California. New technologies, especially smart, horizontal drilling and hydrofracturing, aka "fracking," make that oil accessible, and cleanly. The U.S. Energy Information Administration estimates that the Monterey shale field alone holds 15.4 billion barrels of oil, rivaling America's total conventional reserves.
I don't think so.
?

Because California is California?

Or...
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Old 01-21-2013, 03:03 PM
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chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet chikenwing is faster than a speeding bullet
Quote: Originally Posted by Mr. H. View Post
Quote: Originally Posted by RGR View Post
Quote: Originally Posted by Mr. H. View Post
California Could Be the Next Shale Boom State

Mark Mills: California Could Be the Next Shale Boom State - WSJ.com

...California has Saudi Arabia-scale oil resources, notably in its largely untapped Monterey shale field, which stretches northeast for more than 200 miles from Bakersfield in central California. New technologies, especially smart, horizontal drilling and hydrofracturing, aka "fracking," make that oil accessible, and cleanly. The U.S. Energy Information Administration estimates that the Monterey shale field alone holds 15.4 billion barrels of oil, rivaling America's total conventional reserves.
I don't think so.
?

Because California is California?

Or...
I'll go with that,Cal is just like NY and look what NY has done with our gas resources.
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  #161 (permalink)  
Old 01-22-2013, 09:24 AM
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Quote: Originally Posted by chikenwing View Post
Quote: Originally Posted by Mr. H. View Post
Quote: Originally Posted by RGR View Post

I don't think so.
?

Because California is California?

Or...
I'll go with that,Cal is just like NY and look what NY has done with our gas resources.
Nuttin'.

In other news...

RIGZONE - Natural Gas Powering Apache Hydraulic Fracturing Ops

"With abundant, inexpensive natural gas expected to be available in the United States for some time, I would challenge you to think of a better idea for the U.S. economy and the environment than switching from oil to natural gas," Bahorich commented. "We want to do our part to make that happen."
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  #162 (permalink)  
Old 01-22-2013, 07:32 PM
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Quote: Originally Posted by Mr. H. View Post
Quote: Originally Posted by RGR View Post
I don't think so.
?

Because California is California?

Or...
The Monterey shale is a wonderful source rock. Filled up all those conventional reservoirs in the San Joaquin and LA Basins I believe. But its ability to be a reservoir rock when mature? Nope. Oil gone bye-bye.

All of the oil reported to be produced from the Monterey comes from the immature stuff. Sorry California. But don't feel bad, you've got some kick-ass conventional production, perhaps the densest areal concentration of oilfields on the planet.
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  #163 (permalink)  
Old 01-22-2013, 07:33 PM
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Quote: Originally Posted by chikenwing View Post
I'll go with that,Cal is just like NY and look what NY has done with our gas resources.
Geologically speaking, California ain't like NY. And NY doesn't have that much in the way of gas resources, just some little near the border of PA natural gas in the Marcellus. Some shallow Devonian stuff maybe, but that isn't much for volume.
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  #164 (permalink)  
Old 01-22-2013, 11:34 PM
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FrackNation Sheds Truth on Fracking Debate

Katie Tubb and Nicolas Loris
January 22, 2013

...

In talking with the experts, the legislators, and the people affected by their decisions, McAleer found answers to the myths that fracking leads to flaming faucets, earthquakes, toxic chemicals underground and in water, higher cancer rates, polluted air, and more. He also discovered the consequences of such untrue claims and red herrings.

Many anti-fracking apologists claim to be giving a voice to small-town folk who cannot compete in a David versus Goliath battle against big business. When McAleer goes to talk with these people in Pennsylvania, New York, Texas, and California he finds the exact opposite. These people are having a hard time competing with Hollywood “philanthropy” and leadership from distant governments. Further, irresponsible journalism, rather than uncovering victims, has created them and the consequences are very real.

...


FrackNation Sheds Truth on Fracking Debate.)
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  #165 (permalink)  
Old 01-26-2013, 09:45 PM
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rdean should appreciate this one...

RIGZONE - API: O&G Stocks Fuel Major Returns for U.S. College Endowments

Investments by U.S. university endowments in U.S. oil and gas company stocks produced the highest returns for endowments for at least the last decade, according to a recent study conducted for the American Petroleum Institute (API).
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