You know, because of the broad benefits of the U.S. energy revolution – including higher domestic production, more energy security, lower costs for consumers and manufacturers – energy as an issue hasn’t been the kind of election-year focal point it might be if the country instead was staring at energy scarcity, higher costs and growing… Keep reading →
In Oklahoma, seismologists have warned that significant temblors last week could signal a larger, more dangerous earthquake to come in a state where drilling is destabilizing the bedrock. [The Guardian] Russia’s main stock indexes plummeted on Monday as the drop in oil prices cast a pall over the country’s energy-dependent economy. [The NY Times] Data… Keep reading →
A force majeure clause in New York oil and gas leases does not modify the primary term of the habendum clause and the leases are not extended because of the state ban “moratorium” on hydraulic fracturing.
When New York officially banned hydraulic fracturing in late June 2015, many assumed the long-heated political debate was over and there would be no fracing in New York unless the courts overturned the ban.
As you well know, oil is so cheap you can light it on fire. If we strike a deal with Iran, it’s going to get even cheaper. If prices remain this low, we’ll be able to submerge Florida in no time. That said, God isn’t making any more of this stuff. Or at least it’s… Keep reading →
President Obama has committed the United States to the goal of generating 20% of its electricity from renewable sources by 2030. “This would nearly triple the amount of wind- and solar-generated electricity on the national grid. The EPA ran afoul of the law by failing to conduct a cost-benefit analysis before it acted to reduce… Keep reading →
A new website is drawing attention to the fracking issue in a way that has never been done before. FrackFeed.com was recently launched by North Texans for Natural Gas, a grassroots program of over 110,000 people who support drilling in the Barnett Shale. It’s about educating the public on fracking, as well as exposing how… Keep reading →
On May 18, 2015, Texas Governor Greg Abbott signed House Bill 40 into law, putting restrictions on the ability of municipalities to regulate the oil and gas industry in their jurisdictions.
Nowhere in the United States is there more to learn from EPA’s recent water/fracking study than in the state of New York. Six months ago Gov. Andrew Cuomo banned hydraulic fracturing as too hazardous. Though the Cuomo administration conducted no original research of its own, the governor said no to fracking, no to jobs and… Keep reading →
Cuadrilla is looking for approval to frack the first horizontal well into shale rock in Britain – in Lancashire, to be precise – and it’s holding up Pennsylvania as an example of how it can be done without damaging a bucolic countryside. “Pennsylvania has the Marcellus Shale, which is one of the largest shale plays in the… Keep reading →
