Though most hydraulic fracturing sites are powered by diesel engines, some companies are using solar panels and gravity to power equipment in an effort to reduce carbon emissions and create quieter processes, Bloomberg reports.
New York Gov. Andrew Cuomo's administration announced it would delay its decision on the fate of a four-year-old ban on hydraulic fracturing. The Department of Environmental Conservation filed a 90-day deadline extension in order to complete a study on fracking's health effects, Reuters reports.
PDC Mountaineer of Bridgeport, W.Va., will pay $177,500 to settle claims by the Environmental Protection Agency that it failed to obtain Clean Water Act permits for natural gas drilling sites, the Associated Press reports.
BANGKOK (AP) — The price of oil rose Thursday as U.S. leaders voiced optimism that a budget deal would be reached before the end of the year.
Benchmark crude for January delivery was up 53 cents to $87.02 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract dropped 69 cents to finish at $86.49 per barrel in New York.
Natural-gas developer Lenape Resources has filed a lawsuit against the New York Department of Environmental Conservation and the Town of Avon to challenge a local moratorium on hydraulic fracturing, The Wall Street Journal reports.
The price of oil fell Wednesday as traders looked for signs of progress in negotiations over U.S. budget issues.
Benchmark oil dropped 69 cents to finish at $86.49 per barrel in New York. Earlier, the price was down nearly 2 percent. But much of the loss was erased after a Federal Reserve survey showed economic growth improved in October and early November across much of the country.
BANGKOK (AP) — The price of oil fell below $87 a barrel Wednesday after the Organization for Economic Cooperation and Development cut its growth outlook for the U.S. and the 17 countries that use the euro currency.
The New York Environmental Conservation Department has asked the Office of Administrative Hearings for a 90-day extension of a Nov. 29 deadline to write hydraulic fracturing rules. If approved, the extension would allow a longer public-comment period, Bloomberg reports.
Some industry leaders are concerned that shifting opinions and increased legislative action on hydraulic fracturing could hinder their chances to develop Colorado's energy resources, Bloomberg reports.
Dominion Resources Inc. told the Nuclear Regulatory Commission last week that it had removed all nuclear fuel from the reactor at the shuttered Kewaunee Nuclear Plant, the Green Bay Press-Gazette reports.
A Colorado bill to establish a renewable energy mandate for cooperatives has faced a lawsuit and an advertising campaign over whether the bill would incentivize state renewable energy, The Gazette reports.