Fracking Fears Mostly Unfounded

As recently as 2001, the production of gas naturally occurring deep inside shale rock provided less than two percent of total U.S. natural gas production.  Today, it is approaching 30 percent.  As late as 2007, it was commonly assumed that the United States would be importing large amounts of liquefied natural gas from the Middle [...]

Domestic Shale Gas to Have Global Implications?

Daniel Yergin’s new book examines America’s ‘Quest’ for energy: A television ad running in upstate New York has been warning residents that the state’s water supply is headed for ruin. “New York tap water has always been the best in the world,” it says. “In places where gas companies are already using a dangerous process [...]

Natural Gas Glut Balancing as Economies Rebound

The global natural gas surplus is disappearing sooner than expected, thanks to rebounding economies and troubles in Japan and the Middle East, according to panelists at the Offshore Technology Conference on Wednesday. The global recession, combined with a surge in natural gas production from prolific shale formations in the United States, sent supplies of the blue-burning [...]

Does North Carolina have Unconventional Natural Gas from Shales ?

At this time, North Carolina does not have any natural gas production or oil production. Thanks to the new technologies in horizontal drilling and a well enhancement technique known as ‘ hydraulic fracturing’ that are being used in other states, North Carolina counties are going to be able to tap natural gas reservoirs. There are [...]

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