Fracking - or hydraulic fracturing - is a method of stimulating oil and gas from deep underground that has led to a historic boom in U.S. production while also stoking controversy over its possible impact on the environment and human health. FrackNation, an independent documentary produced by Los Angeles-based filmmakers Phelim McAleer and Ann McElhinney, addresses the issue from an unusual perspective.
The United States is on the verge of an economic “renaissance” thanks to abundant shale gas — and that demands a smart energy policy, Dow Chemical CEO Andrew Liveris said Thursday. “The discovery of shale gas is an American manufacturing renaissance if handled well,” he said on CNBC’s “The Kudlow Report.” “It makes America a low-cost jurisdiction for any energy-intensive manufacturing of the value-add kind. One dollar of gas can create $8 to $9 of the value-add kind.” Earlier, Dow announced it was building a $1.7 billion ethylene production plant in Freeport, Texas, scheduled to open in 2017. The facility is part of Dow Chemical’s $4 billion plan to expand production of ethylene and propylene, products of shale gas extracted via fracking methods. The company estimated the Texas project would employ up to 4,800 construction workers. Liveris also said that the plant would create 3,000 to 4,000 new jobs, as well as 35,000 indirect jobs. “We’re still short of being the America we can be,” he said. “But we’re on our way, thankfully, due to the American oil and gas industry giving us cheap and abundant energy.”
Businesses ranging from wildlife consultants to titans of the oil and gas industry will gather in Binghamton for New York's first shale gas job fair, buoyed by hopes that state regulators will lift a four-year-old ban and start permitting hydraulic fracturing this year. "I'm optimistic in saying the industry will be working in New York state fairly soon under some very well-thought-out regulations and oversight," said Broome County Legislator Steve Herz, an organizer of the event at Broome Community College on Wednesday. But even while shale gas drilling has been on hold in New York, companies and workers in the state's Southern Tier have benefited from the gas boom 20 miles south of Binghamton in Pennsylvania. "Neil Guiles of Vestal Asphalt is a perfect example of a New York company benefiting from what's happening in Pennsylvania," Herz said. "His business has tripled and he's made major capital investments." While thousands of wells have been drilled in Pennsylvania since the Marcellus Shale gas boom began about five years ago, New York hasn't allowed development to proceed in its part of the gas-rich shale formation that also underlies parts of Ohio and West Virginia.
At HydroConfidence, we take pride in creating the utilization of natural gas by enhancing its financial competitiveness and environmental safety. Our goal is both to make natural gas profitable and to make sure that we do as little damage to the environment as possible with our advanced resources and technology. HydroNG delivers firm, fixed-price CNG or LNG to drilling rigs to displace the use of diesel fuel, HydroMonitor monitors the aquifer underlying a well pad to detect methane migration, and our HydroSensor will provide data on gas flow and production to help optimize gas production.
Central Pennsylvania counties are embracing Marcellus Shale impact fee ordinances in case natural gas drilling ever migrates to the midstate from the main drilling activity in the northern and western counties. Commissioners March 28 approved an ordinance. Lebanon County this week also intended to pass an impact fee ordinance, Commissioner Jo Ellen Litz said. The county has seen indicators that gas drilling soon could make its way there, she said. Meanwhile, Perry County commissioners on March 26 passed an ordinance as well.
HydroConfidence is proud to announce that it is one of 12 finalists in the Ben Franklin Shale Gas Innovation and Commercialization's contest! The contest seeks to find ideas or services that could be put into place in the state's growing Marcellus Shale industry. The finalists are vying for $50,000 in cash prizes and are scheduled to present their ideas to a group of industry experts that will judge the ideas on May 24 in Harrisburg.
In Michigan, in May of 2010, conversation about hydrologic fracturing of shale -- or fracking -- to obtain natural gas -- exploded. At that time, gas companies became interested in Michigan land, particularly land in northwest Michigan. The state began auctioning leases to state-owned land, more leases than had been auctioned in the previous 80 years combined, said Grenetta Thomassey, program coordinator at Tip of the Mitt Watershed Council in Petoskey.