How We 'Fracked' the Energy Industry—-for the Good!

SOURCE: US EIA The energy industry is being turned on its head by changes in technology, regulation and global markets. In oil and gas the shale revolution onshore was unleashed by technology changes in 3D seismic imaging making E&P more accurate and productive, horizontal drilling enabling access to the ribbon-like shale and tight oil formations, Read more about How We 'Fracked' the Energy Industry—-for the Good![…]

The Big Shift in Energy is a Complete Reversal of Fortunes

As we all read the 2012 economic reports last year we collectively thought of the right technical terms—the results sucked!  GDP growth had slowed to 1.5%, unemployment rates remained stubbornly high at 8.2% over average nationwide but the damage to youth, black and Hispanic and those with less than college educations are still horrible.  Clearly we Read more about The Big Shift in Energy is a Complete Reversal of Fortunes[…]

Wait a Fracking Minute!

Pennsylvania Act 13 rules superseding local zoning rules were overturned in a lower court decision.  Act 13 was adopted by the Pennsylvania Legislature five months ago and signed into law by Governor Corbett.  It was designed to create a common set of rules to govern drilling and hydraulic fracturing across the Commonwealth and avoid the Read more about Wait a Fracking Minute![…]

Death by a Thousand Fracking Rules: An Update

On June 26, 2012 the US Department of the Interior extended the comment period on its proposed rules of hydraulic fracturing on federal lands for sixty days to September 10, 2012 at the request of the Governor of Wyoming and others who said they needed more time to study the implications of the proposed rules.  Read more about Death by a Thousand Fracking Rules: An Update[…]

Death by a Thousand Fracking Rules

In Medieval times one form of dispatching miscreants was called “pressing”.  The punishment involved piling stones on top of the offender one at a time slowly suffocating him from the weight on his chest.  Not only did this rid the kingdom of troublemakers but it had a ”crucify him” like effect on the gathered witnesses Read more about Death by a Thousand Fracking Rules[…]

Energy Economic Realities: Spare Productive Capacity, Lower Gasoline Prices and Jobs

The success of unconventional oil and gas production from shale formation is reshaping the US energy industry and may yet prove to be a major factor pulling US GDP growth up off the floor. Comparing the relative performance of the conventional and unconventional oil and gas sectors of the industry is a study in contrasts. Read more about Energy Economic Realities: Spare Productive Capacity, Lower Gasoline Prices and Jobs[…]

The ‘Death Rattle’ of Carbon Policy

In both the EU and the US carbon policy correctness has run its course having been discredited by scandal, the persistence of scientific method, and public pressure to recognize market realities. The proponents of carbon policy changes are caught between panic and despair. They came so close to implementing their policy regimes, and cannot now Read more about The ‘Death Rattle’ of Carbon Policy[…]