shale drilling Articles
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INCREASED OIL COMPETITION: SURVIVAL OF THE FITTEST
Is the U.S. shale oil industry in trouble? No, it is engaged in a high-stakes competition for market share. As oil flooded the market in 2014-15, prices dropped dramatically and producers began burning midnight oil to manage the downward economic pressures. While some overleveraged companies won’t survive the economic challenge, in true Darwinian fashion, the fittest will prevail. ...
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The Future For Fracking
Summary -Fracking is an essential technology to meet growing global demand for oil and gas. -Fracking has become the "F" word, because it is very water-intensive, and has potential negative impacts on the environment. -The future of fracking will be constrained if adequate water is not available and if solutions for decontaminating wastewaters are not found. -Oil sands production faces the same ...
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The Middle East should think twice about fracking
Securing energy resources is critical for fuelling development, but deciding which types of energy to invest in will affect a country’s future in many ways — and not all are good when it comes to shale gas. Four countries in the Middle East and North Africa (MENA) — Egypt, Jordan, Saudi Arabia and Tunisia — are planning to extract shale gas, and one, Algeria, is said to ...
By SciDev.Net
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Will natural gas dim solar’s shine?
As natural gas booms, renewable energy proponents ponder whether it will serve as a bridge or roadblock to photovoltaic power On the outskirts of downtown St. Paul, Minn., Xcel Energy’s High Bridge Generating Station offers an iconic view of the current state of electrical generation in the United States. Opened in 2008 as a replacement for an aging coal plant, the 534-megawatt natural gas ...
By Ensia
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