Energy Today – July 22, 2013

Mary Schaper
Posted July 22, 2013

Bloomberg – Eagle Ford’s May Oil Production Rose 58 Percent From Previous Year

According to new data from the Texas Railroad Commission, the nine fields that make up the Eagle Ford Shale play yielded nearly 582,000 barrels of crude oil a day in May, compared to nearly 369,000 barrels daily in 2012.

Sun Gazette – City to Use Natural Gas Impact Fee Revenue to Fix Pa. Streets

Thanks to impact fees from hydraulic fracturing in the Marcellus Shale region, Williamsport, Pa. can now invest more than $1 million to repair the city’s roadways, a city official says. "We're doubling the amount of investment because of Marcellus Shale impact fees," said John Grado, city engineer and director of community and economic development.

Denver Post – Reassuring News on Fracking Front

Research from the Department of Energy finds no link to water contamination during hydraulic fracturing.  DOE monitored fracking fluids for a year in Western Pennsylvania and “no trace of the fluid was detected in a monitoring zone that was still a mile below drinking water.”

Oil and Gas Journal – Fracking Bans, If Approved, Would Be Costly

U.S. oil and natural gas producers would pay an additional $345 million/year – or an average $96,913/well – under the Bureau of Land Management’s  proposed hydraulic fracturing rules, according to analysis by the Independent Petroleum Association of America and the Western Energy Alliance.

Forbes – Gasland II’s Luddite Slander of Fracking is the Latest Technophobe Attack on Progress

In a guest post, Alex Epstein notes America’s technological breakthroughs that have allowed the shale revolution. “Unfortunately, our fellow citizens may be deprived of this opportunity, thanks to widespread miseducation about shale oil technology, led by Josh Fox,” writes Epstein.