Posted March 30, 2016
Methane emissions have dropped significantly. Since 2005, emissions from field production of natural gas have dropped 38 percent, and emissions from hydraulically fractured natural gas wells have plunged 79 percent.
These facts bear repeating in light of the Obama administration’s announcement that it is pursuing yet another set of methane regulations. Not only are the additional regulations duplicative and unnecessary, given industry’s success in reducing emissions under current regulations, but the new rules could actually undermine progress.
Posted March 29, 2016
A quick list of some of the benefits realized by the United States thanks to modern hydraulic fracturing and advanced horizontal drilling:
Surging oil and natural gas production
The United States is the world’s leading producer of oil and natural gas, resulting in lower oil imports and an opportunity for the U.S. to compete with other producers in the global market.
According to the U.S. Energy Information Administration, oil production from safely fractured wells totaled more than 4.3 million barrels per day in 2015, about half of all U.S. oil output.
Posted March 10, 2016
When EPA announced a push for additional regulation on methane emissions from new oil and natural gas operations late last year, we said it looked like a solution in search of a problem – especially considering the agency’s own data showing that since 2005 methane emissions from hydraulically fractured natural gas wells had fallen 79 percent.
Regulators gonna regulate. And then regulate some more.
With the Obama administration’s announcement that it wants to regulate methane emissions from existing oil and gas sources – again, where remarkable reductions already are happening – shows EPA and the White House much more concerned about extreme agendas than the needs of American consumers.
Posted March 7, 2016
You know, because of the broad benefits of the U.S. energy revolution – including higher domestic production, more energy security, lower costs for consumers and manufacturers – energy as an issue hasn’t been the kind of election-year focal point it might be if the country instead was staring at energy scarcity, higher costs and growing insecurity in the world – basically, America’s energy reality before the shale energy revolution launched by safe hydraulic fracturing and modern horizontal drilling.
That’s fine. We gladly welcome the new energy reality: America as the world’s No. 1 oil and natural gas producer, consumers with more disposable income thanks to lower gasoline and energy costs and businesses looking to locate and expand in the United States because abundant, more affordable energy.
Posted February 17, 2016
It’s all possible due to hydraulic fracturing and advances in horizontal drilling. According to the Energy Department, at least 2 million oil and natural gas wells have been hydraulically fractured in this country, including up to 95 percent of new wells that account for more than 43 percent of U.S. oil production and 67 percent of its natural gas production.
Posted January 25, 2016
Now, read what the energy company says about the future of natural gas:
The biggest expected growth will be in natural gas, which provides a practical energy solution for many applications while also providing a significant cost advantage versus other options to help reduce climate change risks.
Posted January 20, 2016
Last week we made the point that America’s ongoing energy revolution is the main reason the United States is the world’s leading producer of oil and natural gas – a renaissance that is reducing oil imports and benefiting consumers in the form of lower prices at the pump. The same energy surge also is a leading reason the U.S. is leading the world inreducing carbon pollution.
These points argue for sustaining and growing domestic production – instead of trying to “transition away” from it, as the president said during last week’s State of the Union address. Turning our backs on vast public oil and gas resources – instead of safely developing them – would throw away a generational opportunity to strengthen America’s energy security, lift the economy, help U.S. consumers and aid friends overseas. It’s a shortsighted approach – especially when the U.S. model of increased domestic production, economic growth and emissions reduction is already working.
Safe, responsible hydraulic fracturing is the engine of America’s energy revolution.
Posted December 22, 2015
What would the holidays be without energy? Sure, you could still roast your chestnuts – provided you had an open fire. And you still might find your way around on a dark, foggy night – with help from a certain reindeer. But in many cities and towns things would be significantly less jolly and less festive, even if it looked like snow.
Enter energy – and more specifically, natural gas.
Posted December 16, 2015
As winter approaches, the good news continues with the U.S. Energy Information Administration’s (EIA) Winter Fuels Outlook. Due to a “combination of warmer weather and lower fuel prices,” EIA projects household heating costs will be lower than the previous two winters.
Posted December 4, 2015
Part of the U.S. success in reducing greenhouse gas emissions is the significant drop in emissions of methane, the primary component in natural gas, from development operations. Since 2005, methane emissions from hydraulically fractured natural gas wells have plummeted 79 percent – with technology and innovation allowing industry to capture more of a product that can be delivered to consumers. This has occurred even as U.S. natural gas production has steadily climbed, thanks to shale, safe fracking and horizontal drilling.
It’s a shining chapter in a success story that shows how free market forces have taken the lead in reducing greenhouse gas emissions in this country. In turn, the U.S. is leading the world in reducing GHG emissions.
No matter. Despite these advances, EPA is proposing additional methane regulations on oil and gas wells and transmission. Unfortunately, more regulation could mean less – less fracking, less energy and, quite possibly, less progress in reducing emissions.