The severe drought in California, water-intensive drilling programs needed to increase oil and gas production from shale plays and focus on the energy-water nexus are motivating companies to reduce their water requirements and re-use water needed to hydraulically fracture wells. A new Rice University study conducted detailed analysis into produced water from 3 major US… Keep reading →
The dramatic shift in the US natural gas sector over the past five years calls for a rethink of at least some aspects of natural gas policy. But heated debates over its economic and environmental impacts, and uncertain progress on regulatory and legislative changes, show how elusive agreement on a new policy trajectory can be.… Keep reading →
The centrality of the shale revolution to a resurgence in the US economy has been widely examined but rarely given such thorough analytical backing as it is in this video from Rice University’s Professor Peter Hartley.
While Hartley’s comments on North America’s conventional and unconventional natural resource endowment and upside production potential preceded the high-profile release of Boston Consulting Group’s report on the potential for an immense resurgence in the US manufacturing and export sector this week, he notes the degree to which the region enjoys economic and geopolitical competitive advantages in an increasingly globalized international landscape. Keep reading →
Exporting liquefied natural gas (LNG) from the US will raise domestic natural gas prices little – and possibly not at all – because the international market won’t take enough LNG to make a difference.
That was the conclusion of three economists who separately studied international LNG prospects. They presented their results to the International Natural Gas Workshop sponsored by the US Energy Information Administration (EIA) in Washington DC recently. Keep reading →
