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.
The number of oversize and overweight trucks using county roads and bridges in North Dakota’s oil patch has more than doubled in three years, and while counties are collecting millions of dollars in permit fees, officials say the money isn’t enough or even earmarked for road maintenance, The Associated Press reports.
Finding solar imports from China and Taiwan were being sold too cheaply on the U.S. market, the Commerce Department has imposed a new round of duties, more than doubling for some Chinese products while Taiwanese producers face having to pay an extra 44 percent, Reuters reports.
The proposed Environmental Protection Agency rule limiting carbon emissions from power plants includes an incentive for development of regional systems for carbon trading, and top air regulators from Western states held a closed-door meeting last week to discuss the idea, Bloomberg reports.
A district court has rejected a ban on fracking imposed by the city of Longmont, in a ruling celebrated by the Colorado Oil and Gas Association, but a coalition of environmental groups says it will appeal, E&E reports.
Pemex said it lost more than $4 billion in the second quarter on higher costs and taxes, despite an increase in revenue, Reuters reports, noting that the Mexican state-run oil company anticipates 2014 will see its lowest output in more than 20 years.
Representatives from the Forest Service and the Bureau of Land Management were not invited to a House Natural Resources Subcommittee hearing Thursday where complaints were aired about their “bullying” tactics across the West, most recently in New Mexico, where ranchers charge their water rights are being violated by moves to erect fences to protect the habitat of the meadow jumping mouse, E&E reports.
At the current rate of work, it would take 30 years to repair and replace utilities’ aging natural gas pipelines around the country, but compressing that to 10 years would create more than 300,000 jobs and slash methane emissions, according to a report from the BlueGreen Alliance, FuelFix reports.
The U.S. produced more than 149 million gallons of biomass-based diesel in June, up more than 4 million from May, and the six month level was more than 70 million higher compared to last year, according to Environmental Protection Agency data, although average monthly production was down following the expiration of a tax credit at the end of December, Platts reports.
Ontario-based Algonquin Power & Utilities, following a rejection of its bids for Gas Natural, has written to the board warning that it will present its case to the company’s shareholders, Gannett’s Great Falls Tribune reports.