NEW YORK (AP) — Exxon Mobil issued a report Tuesday that acknowledges the environmental risks of hydraulic fracturing but also defends the practice as being better for the environment than other types of energy production and generation.
Under pressure from the corporate responsibility group As You Sow, as well as New York City Comptroller Scott Stringer and other shareholders, Exxon agreed earlier this year to reveal more about how it manages the risks involved with the drilling technique, known as fracking.
The report acknowledges that drilling wells and producing oil and gas from shale formations and other so-called unconventional sources do carry risks, including the possibility of water contamination and leaks of natural gas into the atmosphere that contribute to climate change.
NEW YORK (AP) — Exxon Mobil is explaining how it is working to manage the risks of hydraulic fracturing in a report issued in response to pressure from a corporate responsibility group, the New York City Comptroller, and other shareholders.
The report acknowledges that drilling wells and producing oil and gas from shale formations and other so-called unconventional sources do carry risks. The report also goes into detail about the benefits of unconventional oil and gas production and how it compares favorably to many other types of energy production and generation.
PITTSBURGH (AP) — The gas drilling industry in Pennsylvania is recycling more and more water and one river basin commission now reports drillers there are drawing less freshwater than in the past.
Water use by the natural gas industry in the Susquehanna River Basin peaked at about 3.8 billion gallons in 2011 and that figure declined to about 3.1 billion gallons in 2013, Andrew J. Gavin, deputy executive director of the Susquehanna River Basin Commission, told The Associated Press.
Mining sand to meet the growing demands of fracking -- a practice currently common in parts of Wisconsin but with the potential to spread from Maine to Iowa -- poses risks to water, air, public health and property values in communities, according to a report put together by the Civil Society Institute, the Los Angeles Times reports.
Energy sector suppliers have a message for lawmakers: Stay out of the way of hydraulic fracturing, and we'll create hundreds of thousands of new jobs and generate billions of dollars in new tax revenues.
That was the bottom line of a new study by consulting firm IHS, commissioned by the Energy Equipment & Infrastructure Alliance, which estimates employment at companies that supply goods and services for the shale oil and gas boom could grow 45 percent to 757,000 jobs by 2025.
Two studies released this week found that fracking was not responsible for contaminating water in Pennsylvania and Texas, but the jury is still out on a case near Pavillion, Wyo., experts told the Casper Star-Tribune.
PITTSBURGH (AP) — The final report from a landmark federal study on hydraulic fracturing, or fracking, found no evidence that chemicals or brine water from the gas drilling process moved upward to contaminate drinking water at a site in western Pennsylvania.
The Department of Energy report, released Monday, was the first time an energy company allowed independent monitoring of a drilling site during the fracking process and for 18 months afterward. After those months of monitoring, researchers found that the chemical-laced fluids used to free gas stayed about 5,000 feet below drinking water supplies.
Scientists used tracer fluids, seismic monitoring, and other tests to look for problems, and created the most detailed public report to date about how fracking affects adjacent rock structures.
A study being published Tuesday in the Bulletin of the Seismological Society of America makes specific links between wastewater injection and earthquakes in the area of the Raton Basin using seismic monitors and fluid-injection data, The Wall Street Journal reports.
Senate Environment and Public Works Committee Chair Sen. Jim Inhofe, R-Okla., along with five other GOP colleagues, says the White House proposal requiring agencies to consider climate change impacts on projects is illegal, The Hill reports.
Amid reports that Florida has barred officials from using the phrase “climate change” in documents -- an allegation that's been denied by Republican Gov. Rick Scott -- Sen. Bill Nelson, D-Fla., has offered legislation to ensure that federal employees are able to do so, The Hill reports.
Platt's reports that Wisconsin's Public Service Commission has endorsed a high-voltage transmission line that critics said protects the utility industry while discouraging distributed power generation.
Under a deal hammered out between Gov. Bruce Rauner, R-Ill., and state House Speaker Michael Madigan, $98 million out of almost $130 million collected from utility customers to fund renewable energy projects will instead be used to reduce the state’s budget deficit, Crain’s Chicago Business reports.
Efforts by the U.S. and European countries to cut subsidies for building new coal-fired plants in developing countries are being opposed by the government of Australian Prime Minister Tony Abbott, The Sydney Morning Herald reports.
President Obama will request the resignation of Rafael Moure-Eraso, head of the U.S. Chemical Safety Board -- three months before his term is set to finish -- after lawmakers from both parties urged the White House to take the step, an aide to the House Science Committee told National Journal.
A revived Department of Energy program to provide loans to promote fuel efficient vehicles will give Alcoa $259 million to expand a Tennessee sheet metal factory that supplies the auto industry, The Wall Street Journal reports.