A judge has ordered North Carolina not to issue any fracking permits until the state Supreme Court rules on a legal question about how state panels are formed.
The more demand we can supply with U.S. energy, the better ... Yet federal policy seems headed in the opposite direction. Production has dropped 10 percent for oil and 31 percent for natural gas on government-controlled lands since 2010 and is off-limits entirely in 87 percent of federal offshore acreage.
A group of senators introduced a trio of bills Tuesday to open up more areas of the Atlantic Ocean, Gulf of Mexico and the Arctic to offshore oil drilling and to provide more oil revenue for states.
The Department of Energy recently approved an application from Alaska LNG to export natural gas. But there's a catch: these exports can only go to nations where the United States has a free-trade agreement in place.
State regulators in both Carolinas have signed off on their first federal permits to allow companies to conduct seismic testing for oil and natural gas off the Carolinas coast - subject to some conditions.
The U.S. is set to reap big strategic rewards from the fracking revolution.
The 4,600HP, modular, extended tension-leg platform is the industry's largest and will operate in the Bigfoot oil and gas field, 225 miles south of New Orleans at a depth of 5,200 feet.
One of the flashpoints in the debate over offshore drilling for oil and natural gas centers on seismic surveying, an effective but controversial way to search for energy deposits.