Remove Hydraulic Fracturing Remove Natural Gas Remove Oil
article thumbnail

U.S. LNG's Kingmaker Status Has an Expiration Date

OilPrice

Once upon a time, in the not-so-distant past, the United States was the world's largest importer of energy, guzzling down foreign oil and gas like a frat boy at a kegger. Thanks to the shale revolution and a penchant for hydraulic fracturing (fracking), the U.S. Natural gas production was declining, and

article thumbnail

How Natural Gas is Formed: The Origins of Our Energy Source

True Natural Gas

Natural gas is one of the most important energy sources powering homes, businesses, and industries worldwide. But have you ever wondered how natural gas is formed? The Role of Temperature in Gas Formation The temperature at which these hydrocarbons formed determined whether oil or natural gas would be produced.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Abundant U.S. Natural Gas Strong Driver For Domestic Investment

Energy Central

shale revolution is changing the energy picture in our country, but also impacting crude oil, natural gas liquids (NGL), and natural gas supply and prices worldwide. The combination of horizontal drilling with hydraulic fracturing to unlock hydrocarbons from tight rock has made a huge impact.

article thumbnail

States Challenge Attempted Federal Power Grab in Hydraulic Fracturing Issue

The Energy Law

Hinnigan On June 10, 2009, the Interstate Oil and Gas Compact Commission (IOGCC) reaffirmed its strong stance that the states remain best positioned to regulate the use of hydraulic fracturing for the production of oil and natural gas. For more information, go to [link]

article thumbnail

Supreme Court of Pennsylvania Weighs in on Hydraulic Fracturing and Subsurface Trespass

The Energy Law

In January of this year, the Supreme Court of Pennsylvania tackled an issue that has been confronted by few other courts—whether the rule of capture precludes a claim for subsurface trespass due to hydraulic fracturing. [1] 2] Both the trial court and the appellate court awarded damages to the plaintiffs for the gas drained.

article thumbnail

EPA Issues New Air Regulations for the Oil and Natural Gas Industry

The Energy Law

By Stephen Wiegand On April 17, 2012, the United States Environmental Protection Agency (EPA) finalized New Source Performance Standards (NSPS) and National Emission Standards for Hazardous Air Pollutants (NESHAP) for natural gas wells that are hydraulically fractured.

article thumbnail

1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S. million barrels of oil equivalent per day (boe/d) globally.

Oil 52