Recent news of interest: Keystone Pipeline in East Texas – Fuelfix has published a series of articles on construction of the Keystone Pipeline in East Texas, providing some great photos, including this one: Not a small operation. And this one, of protesters who camped in trees, causing the company to re-route…
Three interesting stories: Guar, a bean grown mostly in India, has become a hot commodity because of its use as an additive in frac fluid. See this CNBC Report. Indian farmers are getting rich, American farmers are looking into growing the bean, and Halliburton’s income is down “due to increased…
I recently spoke at a Continuing Legal Education Program for Texas real estate attorneys about regulation of hydraulic fracturing. My job was to give a short overview of the development of fracing and horizontal drilling in the US and its impact on production and the economy. Here are some slides…
Fortune Magazine’s April issue has three good articles on the resurgence of oil and gas exploration and production activity US onshore. The lead article, “Exxon’s Big Bet on Shale Gas,” provides a good summary of the growth and success of unconventional shale plays in the US in the last 8-10 years.…
Rolling Stone magazine’s Jeff Goodell has weighed in on the debate over natural gas reserves, the safety of hydraulic fracturing, global warming, methane groundwater contamination, and Chesapeake Energy’s controversial finances, in an article titled “The Big Fracking Bubble: The Scam Behind the Gas Boom.” Goodell pulled no punches. He calls…
The law school at Texas Wesleyan is hosting a two-day conference on oil and gas law that is packed with good speakers and very inexpensive – $140 for both days. TWU 2012 Energy Symposium.pdf There is a lot on the program about the Marcellus Shale. To see the program, go…
WSJ Weighs In On Fracing Controversy The Wall Street Journal gives its opinion on the dangers of hydraulic fracturing, siding with the industry: “The shale gas and oil boom is the result of U.S. business innovation and risk-taking. If we let the fear of undocumented pollution kill this boom, we will…
Two recent articles by a New York Times reporter, Ian Urbina, have caused strong reactions among the industry and those following shale plays in the U.S. Urbina’s articles may be found here and here. Urbina’s basic theme is that the new reserves of natural gas attributed to shale plays are…
A study group sponsored by the Massachusetts Institute of Technology has issued a report, The Future of Natural Gas, the fourth in a series of MIT multidisciplinary reports examinging the role of various energy sources and the effects of carbon dioxide emissions restraints. The full 170-page report can be found…
Fracking has become more and more a topic in the general media and part of the state and federal environmental energy agenda, with new stories appearing daily. A sample: Secretary of Energy Steveb Chu has appointed an advisory panel, officially called the Secretary of Energy Advisory Board’s subcommittee on natural gas,…