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.
The water content of the snowpack in the Sierra Nevada is at 6 percent of normal levels, the lowest amount since record-keeping began in 1950, according to the California Department of Water Resources, USA Today reports.
A voluntary agreement that spells out a timetable to clean up the site of a chemical spill that contaminated the Elk River last year has been worked out between Freedom Industries and state regulators in West Virginia, The Associated Press reports.
Salary increases, including one for CEO John Watson that brings his base pay to $1.9 million, were approved by Chevron’s board despite the decline in oil prices that has dragged down the value of the company’s shares, The Wall Street Journal reports.
North Dakota and the Midwest shipped out an average of 732,000 barrels of crude per day in January, according to monthly statistics on crude-by-rail movements released for the first time Tuesday by the Energy Information Administration, The Hill reports.
Republicans may be urging states to turn their backs on Environmental Protection Agency rules limiting power plant carbon emissions, but Democratic Gov. Jay Nixon is gearing Missouri up to cooperate, going so far as to send officials to an EPA “policy academy” on ways to meet the new standards, the Springfield News-Leader reports.