More than half the Senate on Wednesday urged quick approval of the Keystone XL oil pipeline, ramping up pressure on President Barack Obama to move ahead with the project just days after he promised in his inaugural address to respond vigorously to the threat of climate change.
Ten GOP governors and the premier of Saskatchewan are putting fresh pressure on President Obama to greenlight the proposed Keystone XL pipeline, which would bring Canadian oil sands to Gulf Coast refineries. Premier Brad Wall and the governors, in a letter to Obama Thursday, call the project "fundamentally important" to the future economic prosperity of the United States and Canada.
Advances in hydraulic fracturing technology have powered the American natural gas boom. And now hydraulic fracturing could be increasingly powered by the very fuel it has been so successful in coaxing up from the depths. Oil- and gas-field companies from Pennsylvania to Texas are experimenting with converting the huge diesel pump engines that propel millions of gallons of water, sand and chemicals thousands of feet down well bores to break apart rock or tight sands and release the natural gas trapped inside.
Detroit is beginning to produce vehicles that can run on both natural gas and regular gasoline. Anyone who has natural gas service in their home can tap off the same gas line to gas up their vehicle - at least until more commercial natural gas stations are established. Those facts make shale natural gas even more important to states that can produce it.
If frackophobes are to be believed, natural-gas fracking is the most frightful environmental nightmare since Japan's Fukushima nuclear-power plant melted down amid an earthquake and tsunami. In "Promised Land," Matt Damon's new anti-fracking movie - funded by the United Arab Emirates - one character demonstrates this production technique's "dangers" by drenching a toy farm with household chemicals and then setting it ablaze.
The new Matt Damon film 'Promised Land' is giving voice to critics of natural gas production, but the film faces opposition too as "fracking" goes Hollywood. The movie arrives in the middle of political and regulatory battles over fracking, the controversial oil-and-gas development method that's enabling a U.S. production boom. The Beltway has taken notice as green groups highlight the movie and conservatives attack it.
The state's Health Department found in an analysis it prepared early last year that the much-debated drilling technology known as hydrofracking could be conducted safely in New York, according to a copy obtained by The New York Times from an expert who did not believe it should be kept secret. The analysis and other health assessments have been closely guarded by Gov. Andrew M. Cuomo and his administration as the governor weighs whether to approve fracking.
The U.S. shale-gas revolution, which has revitalized chemicals companies and prompted talk of domestic energy self-sufficiency, is attracting a wave of investment that may revive profits in the steel industry.
The Bradford County (Pennsylvania) commissioners on Thursday passed a $61.2 million county budget for 2013 which includes a 5.9 percent decrease in the county property tax rate. The millions of dollars in annual revenue that the county has started to receive from the impact fee on gas drilling companies is allowing the county to reduce its property tax rate, county officials said.
Even as hydraulic fracturing, or fracking, and other "unconventional" oil and gas production methods remain a divisive issue in New York, about 44,000 jobs in the state this year were connected to those industries, according to a new report by international business analytics firm IHS Global Insight. IHS says New York leads the 32 states where unconventional production methods are not used, with 9 percent of the 500,000 jobs that have been linked in those states to fracking and other technologies.