The crude oil export ban was signed into law in 1975 in the wake of the Arab oil embargo that brought long lines for gasoline and high oil prices. Today, by contrast, hydraulic fracturing, also known as fracking, has made the United States the world’s largest producer of crude oil. The outdated export ban puts U.S. oil producers at a competitive disadvantage with other countries, and may actually serve to increase gas prices at the pump.
Like Mark Twain, the rumors of the death of the Bakken oil revolution are greatly exaggerated. The Atlantic is once again claiming the North Dakota oil “boom” has gone bust. I say ‘once again’ because The Atlantic ran a piece February 12, 2013 stating that the “boom” was over. Doom and gloom sells, truth is optional.
In today’s edition of The Heartland Daily Podcast, Research Fellow Isaac Orr speaks with Holly Bellmund. Bellmund is president of Proppant Today LLC, a media, research and consulting company providing best-in-industry thought leadership into proppants and its effect within the unconventional oil and gas industries. Bellmund joins Orr dive into the workings of proppants and their uses in fracking.
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.
In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Ron Muhlenkamp. Muhlenkamp, an investment manager and small farmer, has degrees in engineering from MIT and business from Harvard. Burnett and Muhlenkamp examine the virtues of natural gas as an energy source.
In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Isaac Orr. Orr is a Heartland Research Fellow and energy expert. Orr and Burnett talk about the EPA’s new report on hydraulic fracturing.
The EPA released a study Thursday noting that hydraulic fracturing, or “fracking” does not cause widespread or systemic pollution to drinking water, contrary to what environmental activists have claimed.
In today’s edition of The Heartland Daily Podcast, H. Sterling Burnett, managing editor of Environment & Climate News speaks with Gary Stone. Stone is vice-president of engineering at FiveStates Energy in Dallas. In this podcast, Stone discusses the economic and political challenges that face the modern oil and gas industry.
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. In this podcast, Sena gives listeners an inside look at what is happening in the Bakken region of North Dakota and Montana.
As hydraulic fracturing and Canadian oil sands development sent North American petroleum production soaring, new pipelines were approved and constructed, including the Keystone system’s first three phases. They augmented 2.5 million miles of liquid petroleum, gas transmission and gas distribution pipelines that already crisscross the U.S.
Throughout the United States, especially in communities with existing or potential oil-and-gas development, outside groups have moved in with a vengeance and agitated the population—resulting in bans against all exploration for hydrocarbons and/or the use of hydraulic fracturing. Expensive lawsuits have been filed and courts have repeatedly declared such bans as “unconstitutional.” The newest domino to fall is in Texas where Governor Greg Abbott, on May 18, signed House Bill 40 (HB40)—also known as the Denton Fracking Bill—which clarifies that an “oil and gas operation is subject to the exclusive jurisdiction of the state.”
Democratic Party strategist Robert Weiner claims inexpensive domestic oil production via hydraulic fracturing will cause a new Great Depression, yet exactly the opposite is true. Writing in the Lynchburg, Virginia-based News & Advance, Weiner and his colleague Hannah Coombs strangely argue that Americans taking advantage of abundant, affordable energy resources is bad for the economy and will destroy our standard of living. In reality, Weiner and Coombs provide a perfect illustration about how anti-science, anti-fossil fuel hysteria drives leftist crusades against global warming, domestic oil production, and other asserted environmental causes.
In today’s edition of The Heartland Daily Podcast, we listen in as Research Fellow Isaac Orr joins the Morning Martini show to discuss the politics and policies of hydraulic fracturing. Orr caught up with Morning Martini while attending the Wisconsin Conservative Action sideshow.
Lansing, Ia., is located near sizeable deposits of the highly specialized sand used for hydraulic fracturing. The growing demand for this sand, commonly referred to as “frac sand,” has spurred a mining boom that has created thousands of high-paying jobs throughout Illinois, Minnesota and Wisconsin.
In today’s edition of The Heartland Daily Podcast, Research Fellow Isaac Orr and Research Fellow Bette Grande discuss earthquakes and their relationship with hydraulic fracturing. Grande also gives the listeners an inside look at the state of oil production in North Dakota as a result of low oil prices.
In today’s edition of The Heartland Daily Podcast, Research Fellow Isaac Orr talks with Dave Quast. Quast is the California Director of Energy In Depth. Quast and Orr discuss the a range of issues pertaining to California’s water supply.
Recently, Science Director for The Heartland Institute, Jay Lehr,Ph.D, was on Fox’s Your World with Neil Cavuto to discuss new regulations on hydraulic fracturing. Lehr was joined by The Accountability Project’s president Nomiki Konst. As you can see in the clip above, Lehr and Konst have very different views on the safety and reliability of fracking.