The year 2012 marked the 10-year anniversary of natural gas drilling and production in the Barnett Shale in North Texas. While a thousand or so Barnett Shale wells had been drilled in the 20 years after the first well was drilled in 1981, drilling activity blasted off in 2002. By year-end 2012, some 18,591 natural [...]
Emissions of carbon dioxide in the U.S. are now lower than they were in the year 2000 and are expected to continuing declining, according to the U. S. Energy Information Agency (EIA) in their “Annual Energy Outlook 2012.” Furthermore, the EIA says that carbon dioxide emissions in the electricity-generating sector fell so much in the [...]
Based on the recent experience with shale gas, the price of crude oil will be trending down, assuming of course that politics does not get in the way and the Middle East situation does not deteriorate. We are talking about the underlying price trend here not short-term price fluctuations. Just look at the recent history [...]
It is fair to say that the development of shale gas in the United States, which is rooted in the Barnett Shale in North Texas, has become the most controversial energy development in modern history, perhaps closely rivaled by nuclear power in the 1970s. This is in part due to the fact that the large [...]
