The local government in Lancashire County in England dealt a blow to British efforts to develop shale resources, rejecting a plan from Cuadrilla Resources to use hydraulic fracturing to extract natural gas, The New York Times reports.
As extraction costs decrease and the Energy Department renews focus on research, some scientists say methane hydrates, gas trapped in ice, have strong potential to be a major source of U.S. energy in the future, National Journal reports.
The Alberta Environment Ministry issued a drinking water warning after a storage pond at the Obed Mountain coal mine spilled water contaminated with coal and shale particles into the Athabasca River, Bloomberg reports.
A Reuters survey of energy and financial analysts projected that the cost of Brent crude will average 95 dollars a barrel -- 80 dollars in real terms -- in 2020. That's a drop of 20 dollars since last year's survey, and it's thought due to the shale boom.
COLUMBUS, Ohio (AP) — Ohio Gov. John Kasich's claim that a single energy company could recover $1 trillion worth of oil and gas from the state's shale is an exorbitant overestimate, according to experts interviewed by The Associated Press.
At current oil prices, that figure represents more than four times U.S. oil production last year. Viewed another way, every drop of oil produced in America for the next four years will be worth roughly $800 billion, based on current prices and production rates.
U.S. District Court Judge H. Russel Holland has sided with Pebble Ltd. Partnership in ordering former Environmental Protection Agency scientist Phil North to testify in the company’s lawsuit against EPA, the Alaska Dispatch News reports.
Coast Guard documents show Transocean’s Polar Pioneer, which is involved in Shell’s exploratory well drilling in the Chukchi Sea this summer, failed tests with fire and pollution equipment in the months leading up to the Arctic drilling, FuelFix reports.
Oil prices rose Monday over a report from the Energy Information Administration that U.S. crude production has been falling since April and signals that OPEC is finally willing to address the drop in prices. U.S. benchmark crude jumped $2.45 to $47.67 a barrel on the Nymex, while in London Brent rose $2.50 to $52.55, Reuters reports.
Increasing worries about potential fire at a landfill holding waste of barium sulfate from the Manhattan Project since the 1970s has prompted upset St. Louis area residents to pressure the Environmental Protection Agency to accelerate cleanup, The Hill reports.