The only true metric of energy abundance: The rate of flow
Okay, I’m going to give you the shortest course ever in energy abundance: Energy abundance depends entirely on the RATE of energy flow.
Okay, I’m going to give you the shortest course ever in energy abundance: Energy abundance depends entirely on the RATE of energy flow.
•U.S. proposal to move fracking wastewater by barge stirs debate •More Financial Worries Coming to Light in Domestic Shale Drilling Industry •Oil Addiction, Not Fracking, Caused the 2011 Oklahoma Earthquakes •GAS LEAK! •Shale-rich Spanish region vote to ban fracking
So concludes an expert analyst of the natural gas boom. Brace for bust. From the series: The Big Shift-Surviving the Great Energy Transition.
•Study: Shale Gas Fracking Taints Rivers in Pennsylvania •Fracking ‘linked to biggest Oklahoma earthquake’ •Fracking communities should get incentives, says minister •US shale gas to heat British homes within five years
As U.S. natural gas prices flirt with the $4 mark, some skeptics of the so-called shale gas revolution think prices are headed much higher. Such a move would, not surprisingly, seriously undermine the official story that the United States has a century of cheap natural gas waiting for the drillbit.
•Hydrocarbons and Depletion: Shale gas technology to the rescue? •The great oil swindle •Shale Monster •Lord Browne promises to invest ‘whatever it takes’ in UK fracking •Ban Hydraulic Fracturing in New Mexico
I went to a meeting earlier this winter in the Colorado Governor’s Office. I’m not a regular. The Governor, John Hickenlooper, Hick to his friends, had called the meeting with Boulder County Commissioners to discuss the county’s draft regulations governing the recovery of oil and gas found in the county’s deep underground shale formations. The fact is that most of the state is underlain by these ancient and organically rich seabeds. All are ripe for exploitation through the use of the industry’s new mining technique called horizontal fracking.
Governments and financial analysts who think unconventional fossil fuels such as bitumen, shale gas and shale oil can usher in an era of prosperity and energy plenty are dangerously deluded, concludes a groundbreaking report by one of Canada’s top energy analysts.
•Shale Gas and Tight Oil: Boom? Bust? Or Just a Petering Out? •ENERGY: Overdevelopment and the Delusion of Endless Growth, Part 3 – The Bad Idea of Fracking, with Sandra Steingraber (audio) •Germany moves to allow controversial shale gas drilling •Colorado Will Sue Fort Collins Over Fracking Ban •Shale falls short for US energy security •"Frackademia" – MIT’s Ernest Moniz, Obama’s Top Candidate for Energy Secretary, Oversees Pro-Industry-Funded Research
It’s been a little more than a year since I launched the present series of posts on the end of America’s global empire and the future of democracy in the wake of this nation’s imperial age. Over the next few posts I plan on wrapping that theme up and moving on. However traumatic the decline and fall of the American empire turns out to be, after all, it’s just one part of the broader trajectory that this blog seeks to explore, and other parts of that trajectory deserve discussion as well.
The combination of horizontal drilling, hydraulic fracturing, 3D seismic surveys, and other gee-wizardry has produced a near-miracle, which has left experts confounded, politicians exuberant, and journalists suffering from hyperbole.
With U.S. natural gas production having risen more than 25 percent from its nadir in 2005, natural gas producers are pushing for an end to limits on U.S. natural gas exports. Trouble is, the United States remains an importer of natural gas, and estimated resources have been slashed dramatically.