A new study published in Environment International indicates hydraulic fracturing, commonly called “fracking,” and the heavy truck traffic that is associated with it would have a negligible impact on air quality if fracking were to be used extensively in the United Kingdom. Interestingly, the authors of the study appear to be a little disappointed with their findings, which may be why they decided to emphasize maximum exposure in a shorter timeframe in their study, rather than exposures over more realistic scenarios.
Plummeting oil prices, which are largely the result of the U.S. hydraulic fracturing revolution that has nearly doubled oil production in the United States since 2008, have left many oil-exporting nations around the world reeling. The price drops have been particularly hard on nations in the Organization of Petroleum Exporting Countries (OPEC). Myriad OPEC governments are now stuck relying on dwindling oil revenues to fund large portions of their important social welfare programs, many of which are essential to maintaining national stability.
In today’s edition of The Heartland Daily Podcast, we listen in as H. Sterling Burnett, Managing Editor of Environment & Climate News joins the nationally syndicated radio show, An Economy of One, with Host Gary Rathbun. Burnett joins the show to talk about the environmental agenda of President Obama’s last year in office.
The campaign is about all fossil fuels: oil, gas, and coal. Instead of an “all of the above” energy policy, when it comes to fossil fuels, they want “none of the above.” A big part of the effort is focused on preventing the extraction of fossil fuels on public lands—which is supported by presidential candidates Senator Bernie Sanders and Secretary Hillary Clinton. The recent moratorium of leasing federal lands for coal mining, announced by Secretary of Interior Sally Jewell, is considered a great victory for “keep it in the ground.”
Multi-well drilling and walking rigs have become important because the fracking revolution has dramatically changed the way we produce oil and natural gas over the past 10 years. Unlike conventional oil and gas production, which takes place in permeable rock formations such as sandstone, fracking develops oil and gas from shale, which requires fracking. Multiple wells must be drilled in different directions to tap these resources from the rocks below.
Sand from the upper Midwest is coveted for hydraulic fracturing. It is the right size, shape and cleanness (almost pure quartz). It is also highly resistant to crushing under immense pressure, acting as a network of pillars (think of the Parthenon) keeping open the tiny fissures made in the rock in the process of hydraulic fracturing, allowing the oil and natural gas to flow up from the rock deep underground.
In today’s edition of The Heartland Institute Daily Podcast, Research Fellow Isaac Orr speaks with Jessica Sena. Sena is the communications director at the Montana Petroleum Association. Jessica Sena and Isaac Orr discuss the impact drilling setback regulations and more.
Even with prices 40 percent lower than a year ago, we remain the world’s No. 1 producer of crude oil and other liquid hydrocarbons. Imports of oil have dropped from 60 percent of consumption to about 35 percent just in the past five years. We’re also the world’s largest producer of natural gas.
Five years ago, following a blowout and explosion on the Deepwater Horizon rig that killed 11 workers, the nation was spellbound by the 87-day visual of oil flowing freely into the waters of the Gulf of Mexico from the Macondo well. The 3.1 million barrels of spewed oil has been called “the world’s largest accidental marine spill” and “the worst environmental disaster in U.S. history.”
The anger, outrage and frustration in Alaska are palpable after the president stripped the state of vast stores of its oil and gas wealth. His reckless offshore oil and gas restrictions reduced Alaska’s Arctic Ocean presence to one exploration site each in the Chukchi and Beaufort Seas and left us with the lowest number of prospects in the history of the Outer Continental Shelf leasing program.
The ballots have been counted and the winners declared, but perhaps most important of all, the campaign ads are over. Ads for candidates, ballot measures, and specific issues monopolized commercial slots over the past few months. One of the most important issues this election cycle was energy development, especially as it pertains to hydraulic fracturing, also known as “fracking.”
The North Dakota oil boom is over. At least that was one of the recurring talking points at the North Dakota Petroleum Council’s (NDPC) annual meeting in Dickinson, North Dakota about a month ago. As the oil field has matured, life in the Bakken has started to become “more normal.” This shift has caused policymakers and local residents to change the way they talk about economic growth; as the boom has turned to bustle, the term “boom” has been replaced by “sustained growth.”
If Obama truly wanted to “create jobs and opportunities for the middle class,” he could tell the U.S. Forest Service (USFS) to work with—instead of against—those ready to risk their capital in the development of our natural resources and create jobs.