Posted June 6, 2014
Shale Offsets Many U.S. Hurricane Issues
UPI: WASHINGTON --Strong growth in onshore U.S. oil and gas production means fewer problems from hurricanes, the analytical arm of the U.S. Energy Department said Wednesday.
Sunday marked the start of the Atlantic hurricane season. As of Wednesday, there are no cyclones reported in the Atlantic Ocean, though Tropical Storm Boris is headed north from the Yucatan Peninsula of Mexico at a rate of 5 miles per hour.
Though offshore oil and gas installations may be shut in by any major storm in the Atlantic, EIA said inland production could make up for any shortfall.
"The effect of hurricanes on oil and natural gas production has been reduced in part by an increasing portion of U.S. production coming from inland basins such as the Bakken Shale play in North Dakota, the Williston Basin in Montana, and the Marcellus Shale play in the Appalachian Basin," it said Wednesday.
Read more: http://bit.ly/1mYntex
More industry news:
Obama Inconsistent on Natural Gas, Industry Says: http://bit.ly/1mYnyyL
Industry Made Strides in Offshore Safety Since Macondo – API: http://bit.ly/1nWuVvZ
Thanks in Part to Fracking, Kansas Oil Production Rose 7 Percent in 2013: http://bit.ly/1urUuUY
API’s Gerard: Alaska Proves Potential of Resource Development: http://bit.ly/1mYrZKa
Increases in U.S. Crude Oil Production Come from Light, Sweet Crude from Tight Formations: http://1.usa.gov/1pMh9vp
ABOUT THE AUTHOR
Mary Schaper is a Digital Communications Manager for the American Petroleum Institute. She previously worked on Capitol Hill for the Senate Energy and Natural Resources Committee as Digital Director and for Senator Lisa Murkowski. Before coming to D.C., she spearheaded digital strategy for Murkowski's successful Senate write-in campaign in 2010. Schaper enjoys traveling and taking in the local culture alongside her husband, their son and loyal springer spaniel.