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.
Grid operators and utilities will bring their arguments Wednesday to the U.S. Supreme Court against the Federal Energy Regulatory Commission rule requiring them to offer incentives to customers who cut electricity use during peak demand, E&E reports.
A bill signed into law by Pennsylvania Gov. Tom Wolf last week clarifies the legal liabilities involved when a driller uses mine water in the hydraulic fracturing process, the Pittsburgh Post-Gazette reports.
A class action lawsuit filed in federal court in Los Angeles Monday is citing California emissions laws in demanding Volkswagen immediately buy back diesel vehicles caught up in the company’s emissions testing scandal, the Los Angeles Times reports.
Data from China showing the country imported more crude last month, alongside bargain hunting after Monday’s price collapse, were helping to support oil early Tuesday. West Texas Intermediate crude rose 1.2 percent to $47.64 a barrel in electronic trading on the Nymex, while in London Brent gained 1.3 percent to $50.88, The Wall Street Journal reports.
Johnson Controls Inc. is putting lithium-ion batteries into energy storage systems at the Merchandise Mart building in Chicago and in a U.S. military base in Puerto Rico, the Milwaukee Journal Sentinel reports.
United Parcel Service vehicles running on alternative fuel have logged more than 500 million miles, more than halfway to the company goal of hitting a billion miles by 2017, the Pittsburgh Post-Gazette reports.