Energy Forum News

10.27.12

Oil lobby's economist says N.C. will attract wildcatters

John Felmy, chief economist of the nation's politically formidable oil-and-gas lobby, ticks off a litany of things fracking critics get wrong, or don't get at all.

 

10.25.12

Explain ground rules for natgas export decision -Sen. Wyden

The U.S. Energy Department needs to explain how it will determine whether to allow more exports of the nation's bountiful supplies of natural gas, Senator Ron Wyden, a top Democrat on the Senate Energy Committee, said on Tuesday.

 

10.24.12

America's New Energy Future: The Unconventional Oil and Gas Revolution and the US Economy

Across America's widening energy landscape, the economic impacts of unconventional oil and natural gas are increasingly discernible. These effects are visible within the energy value chain and are extending into the broader reaches of the US economy. The focus of this research series is to assess the evolving economic contributions of unconventional oil and natural gas development activity. This study seeks to quantify how unconventional activity creates economic value in the broader economy through an examination of the exploration and production activity.

 

10.23.12

As unconventional U.S. oil, gas boom, so do jobs

The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday.

 

10.15.12

Analysis: Waking giant-Marcellus Shale bullies U.S. gas market

U.S. natural gas prices escaped a rout this summer as record heat helped reduce towering inventory levels. This winter, fierce cold will be needed to help absorb the newest barrage of supply that will again test the limits of an over-supplied market.

 

10.10.12

Inglewood Oil Field fracking study finds no harm from the method

A long-awaited study released Wednesday says the controversial oil extraction method known as hydraulic fracturing, or fracking, would not harm the environment if used at the Inglewood Oil Field in the Baldwin Hills area.

 

10.03.12

Now serving the oil and gas industry: just about everyone

Let's face it -- the so-called shale drilling revolution is exciting to witness. But since every other month another "next hot new play" seems to surface, it may be easy to overlook the backstory of just what a tremendous economic net the shale phenomenon has cast--not just on industry and producing areas, but virtually everywhere.

 

09.28.12

Panel on fracking elects Womack as chairman; split on vice chair vote

The group charged with regulating fracking in North Carolina met Friday, and while it was able to select a chair, picking a vice chair was a little more difficult.

 

09.17.12

Natural Gas: Putting the Pedal to the Metal

The coming U.S. energy boom, spearheaded by new technologies that have enabled us to recover vast amounts of previously inaccessible oil and natural gas from rock formations, will be important for several reasons, not least the nation's competitive advantage in the global economy.

 

09.06.12

Fracking rule-making panel in NC sits down to work

The new commission that's writing rules to allow natural gas fracking in North Carolina while protecting neighbors and the environment is getting down to work.