Posted July 1, 2014
Oh, New York. As if your six-year-old moratorium on hydraulic fracturing – an unforced error that’s costing thousands of jobs and dynamic growth – isn’t bad enough for your economy, now there’s a court ruling extending the opportunity for dubious policymaking to the local level, potentially impacting state residents who can least afford it.
This week’s decision by the state Court of Appeals, that towns and municipalities may ban hydraulic fracturing within their borders, looms as a new frustrating turn for landowners. Especially those in the Southern Tier, an economically starved belt of counties along the Pennsylvania border.
It’s hard to see how energy development – that could save family farms, provide good career paths for the region’s young people and boost the regional economy – wouldn’t be chilled by the prospect of a string of localized bans. For New York property owners, the ruling could mean that economic development will continue to be something that happens in Pennsylvania, not at home.
Posted April 21, 2014
Probably nowhere is the economic impact of shale energy development more dramatic than in the contrast between two neighboring states – Pennsylvania and New York. The former allows hydraulic fracturing in the energy-rich Marcellus shale belt that runs through much of the state, the latter doesn’t – even though the Marcellus continues into the Empire State and could provide a big jobs boost on its Southern Tier.
Indeed, while New York is not a top producing state, the oil and natural gas industry still is driving strong job creation and economic growth. In a PwC study, New York ranked 7th in the country in overall impact from oil and natural gas development.
Posted November 15, 2013
Take a look at the trailer for “Down Deep,” a new film on hydraulic fracturing that’s scheduled to debut next week.
The full 26-minute film commissioned by WPX Energy is part of an effort to increase energy literacy on the advanced technologies involved in fracking and horizontal drilling that created the U.S. shale energy revolution.
Because of America’s vast shale reserves there are opportunities for America to become more energy self-sufficient and more secure and prosperous in an energy-dependent world. Natural gas and oil from shale, safely and responsibly developed, play a large role in making our environment hospitable while powering modern ways of living.
Posted November 7, 2013
U.S. Energy Information Administration (EIA) chief Adam Sieminski recently gave a presentation at Columbia University on the agency’s new drilling productivity report, and the takeaways are significant: The U.S. is in the midst of a remarkable surge in oil and natural gas production from shale and other tight resources. Higher drilling efficiency and new well productivity are the main drivers of production growth. EIA is confident the United States has ample reserves to sustain production growth for the foreseeable future. Sieminski said U.S. shale reserves, unlocked by hydraulic fracturing and horizontal drilling, are the reason for skyrocketing oil and natural gas production – since 2007 for natural gas, 2009 for oil.
Posted October 8, 2013
Hydraulic fracturing and horizontal drilling are safely unlocking vast U.S. reserves of oil and natural gas found in shale and other tight-rock formations. Developing energy from shale is an advanced process that uses the latest drilling technologies and equipment. Click here for a video showing how this process works, and visit Energy From Shale.org to learn more about America’s shale energy revolution. As for what fracking means to the United States – the answers, in charts.
Posted April 6, 2012
Posted November 2, 2011
Posted August 12, 2011
Posted August 3, 2011
Posted July 28, 2011