Category Archives: Shale

Fossil fuels have made the earth cleaner, not dirtier

DailyCaller

Environmentalists often use this day to warn that using fossil fuels, like coal and oil, will continue to harm the planet and cause global warming. But government data shows that the U.S. has become greener even as fossil fuel use exploded.

“The incredible advances in human flourishing and economic growth over the past two and a half centuries were made possible by a technological revolution that harnessed underground energy from coal, oil, and natural gas,” Myron Ebell, director of international energy and global warming policy at the Competitive Enterprise Institute told The Daily Caller News Foundation.

Economists generally argue that environmental protection becomes a higher priority the wealthier a country gets. Fossil fuels, like coal and oil, have enabled the U.S. and many other countries to rapidly grow their economies and focus more on environmental protection.

“Countries with access to more energy have populations that are healthier and live longer and also have higher environmental quality than energy-poor countries,” Ebell added. “And coal, oil, and natural gas are not yesterday’s fuels; they remain the basis of global prosperity and continue to contribute to a healthier, cleaner environment.”

Tell me why we’re still buying Middle Eastern oil…

ND pumps record 313.5M barrels of oil in 2013

North Dakota produced a record amount of crude oil in 2013 — 313.5 million barrels, about 70 million more than the previous high mark a year earlier, state data show.

The tally, up nearly 29 percent from 2012, marks the sixth consecutive record year for oil production in North Dakota, which is the nation’s No. 2 oil producer behind Texas.

Lynn Helms, director of the state Mineral Resources, said Friday that North Dakota produced an average of 923,227 barrels of oil daily in December. The monthly total of 28.6 million barrels was down from 29.2 million barrels in November due to worse-than-normal winter weather that caused the slowdown in oil production, he said.

“The big story in December was the weather,” he said.

I wonder if the Saudi’s are buying their vote, too?

First Nations chief received $55,000 from Tides Foundation

A left-wing lobby group in San Francisco wired $55,000 to the bank account of an Indian chief in Northern Alberta, paying him to oppose the oilsands.

And sure enough, that chief – Allan Adam, from the Athabasca Chipewyan First Nation – earned his money. Last weekend, he flew to Toronto to sit on a stage next to Neil Young, the folk singer who was in town to demonize Canada’s oil industry.

Now, $55,000 might sound like a lot of money to pay, just to rent a politician for a day if all the chief did for his money was to appear on stage in Toronto beside Neil Young. But to the Tides Foundation, it’s well worth it. Think of Adam as an actor, hired to play a part in an elaborate theatrical production.

Neil Young had his role: he’s the American celebrity who can draw crowds of fawning Baby Boomer journalists. But at the end of the day, he’s just another millionaire celebrity. When he talks about the oilsands, he quickly reveals himself as a low-information know-nothing.

H/T Instapundit

 

U.S. has overtaken Saudi Arabia to become the world’s biggest oil producer on jump in output from shale

Then why are our gas prices still so high?

The United States is now the world’s biggest supplier of oil overtaking the world number one, Saudi Arabia, according to latest output figures.

A surge in US oil output, which includes natural gas liquids and biofuels, has swelled 3.2 million barrels per day (bpd) since 2009.

The spike in oil production is the fastest expansion over a four-year period since Saudi Arabia’s output surge from 1970-1974, energy analysis firm PIRA said in a statement.

It was the latest milestone for the US oil sector caused by the shale revolution, which has upended global oil trade. While still the largest consumer of fuel, the rise of cheap crude available to domestic refiners has turned the United States into a significant exporter of gasoline and distillate fuels.

PIRA said the increase in oil from shale, which has been centered in areas such as Eagle Ford in Texas and the Bakken in North Dakota, has seen U.S. supply grow by 1 million bpd in 2012 and again 2013.

Some anti-drilling activists change tactics, tone

FuelFix

For years, activists have warned that fracking can have disastrous consequences — ruined water and air, sickened people and animals, a ceaseless parade of truck traffic.

Now some critics are doing what was once unthinkable: working with the industry. Some are even signing lucrative gas leases and speaking about the environmental benefits of gas.

In one northeastern Pennsylvania village that became a global flashpoint in the debate over fracking, the switch has raised more than a few eyebrows.

A few weeks ago, Victoria Switzer and other activists from Dimock endorsed a candidate for governor who supports natural gas production from gigantic reserves like the Marcellus Shale, albeit with more regulation and new taxes. Dimock was the centerpiece of “Gasland,” a documentary that galvanized opposition to fracking, and Switzer was also featured in this summer’s “Gasland Part II,” which aired on HBO.

“We had to work with the industry. There is no magic wand to make this go away,” said Switzer, who recently formed a group that seeks to work with drillers on improved air quality standards. “Tunnel vision isn’t good. Realism is good.”

North Dakota sets oil, gas production highs

Breitbart

The number of wells currently producing oil and natural gas in North Dakota reached a record high for July, the state resource officials said.

The North Dakota Industrial Commission of the Department of Mineral Resources said 9,322 wells were in production in July, an all-time high, and nearly all were targeting the Bakken and Three Forks formations.

Lynn Helms, director of the NDIC, said the rig count decreased from June to July but the number of wells completed increased from 102 to 251, leading to an increase in oil production in the state.

The NDIC said July oil production was 108,258 barrels per day, a record high. A record for natural gas production was set at 970 million cubic feet per day.

The U.S. Geological Survey estimates parts of North Dakota may contain as much as 7.4 billion barrels of oil and 6.7 trillion cubic feet of natural gas. The state is in the No. 2 spot behind Texas in terms of production of natural resources in the United States.

You’re On Your Own

JonahGoldberg

President Obama offered the Muslim world a grandiose do-over, promising to be, in effect, an anti-Bush president. He’s now less popular among Arabs and Muslims than Bush was in 2008.

The “to hell with them” attitude is no doubt prevalent among Americans who dislike Muslims, but having animus in one’s heart is not a prerequisite for exhaustion and exasperation with large swaths of the Middle East. All you need to do is read the headlines coming out of the Middle East and feel like, “I’ve seen this movie before.”

Plus, thanks to fracking and other technological boons, we’re becoming less and less reliant on Middle Eastern oil only — which serves to undermine arguments that we need regional stability at any cost.

My hunch is that support for Israel or South Korea, never mind our NATO allies, remains quite strong. If real friends were threatened, the American people would support coming to their aid. It’s just that there’s a growing — or deepening — sense that we don’t have real friends in the Muslim world.

15 Charts That Should Terrify Saudi Arabia

BusinessInsider

Billionaire Saudi Prince Alwaleed has sounded the alarm about the threat shale oil and gas development poses to the petro-kingdom’s barely diversified economy. 

It’s taken a while for such a prominent Saudi to acknowledge this fact.

But it’s been pretty clear to the rest of the world.

In March, for instance, Norway’s foreign minister said America’s shale boom could rearrange the Middle East’s balance of power.

Then in May, the vice-president of Bahrain-based Nexant Middle East told the FT’s Ayesha Daya that the kingdom’s proposed petrochemical investments would miss the mark:

The shale gas boom has returned focus to the US. So it’s reasonable to suppose that some companies, especially those from the US, won’t develop additional projects in the Middle East as they look to spread their geopolitical risk and invest in the US.

The kingdom still rules the oil world in major production stats: production (11.2 million barrels a day), exports (8.5 million barrels a day), and as the largest oil deposit (the Ghawar field at an estimated 70 billion barrels).

But with the help of some charts from AEI’s Mark Perry, who’s been chronicling America’s energy boom better than anyone, and the now-instant classic note, “The End Is Nigh [for rising oil demand]” from Citi‘s Seth Kleinman and Ed Morse, we bring you 15 charts that should scare the crude out of the Saudis.

Obama’s War on Prosperity

WilliamTucker

President Obama has managed to win election by assembling two major constituencies: 1) a lumpen proletariat that has no idea how the economy works, is dependent on the government, and votes for him because he promises more handouts; and 2) an upper-crust constituency that thinks “we already have enough,” isn’t interested in any further economic development, and believes, if anything, that we already have too much of material possessions and it’s time to start cutting back on things. This has been the theme of environmentalism for 40 years. The rationale changes — we’re undergoing a “population bomb,” we’re drowning in pollution, we’re running out of oil and other resources — but the message is always the same. We’ve got enough. Time to call off all this progress. Let’s go back to spinning our own yarn, growing our own vegetables, and putting up windmills.

Together these two groups form a perfect vice to smother the ambitions of people who are interested in furthering the advance of progress and technology — the ones you might call “average Americans.”

Obama administration cuts back oil shale development

FoxNews

Controversy is heating up over an administration plan to drastically reduce the amount of federal lands available for oil shale development in the American West.

The Bush administration had set aside 1.3 million acres for oil shale and tar sands development  in Colorado, Utah and Wyoming. The new Bureau of Land Management plan cuts that amount by two-thirds, down to 700,000 acres, a decision that has prompted industry outrage.

“What they basically did was make it so that nobody is going to want to spend money going after oil shale on federal government lands,” said Dan Kish, Senior Vice President of Institute for Energy Research.

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