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Tag Archives: shale drilling

U.S. oil price gap vanishing for first time in shale era

U.S. oil price gap vanishing for first time in shale era

HOUSTON – The once-deep discount for benchmark U.S. crude oil prices versus global rates is about to disappear for the first time since the rise of the shale oil boom, a sudden reversal that highlights the market’s ongoing flux. On Monday, U.S. West Texas Intermediate for delivery in March was trading just 20 cents below global Brent crude for the ...

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Eco-group working to make invisible air pollution from Ohio’s Utica Shale visible to everyone

BARNESVILLE — Peter Dronkers of Earthworks makes invisible air pollution from shale drilling visible to everyone. The viewfinder of Dronkers’ special infrared gas-recording camera shows billowing clouds or wispy leaks. What appears in the videos as wind-blown plumes of smoke are really pollutants that are invisible to the naked eye. Earthworks, a national environmental group based in Washington, D.C., quietly ...

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Fracking’s fortunes: Wheeling area boasts nation’s fifth fastest-growing economy

A fracking rig sits in an farmers field in Colorado

Shale drilling is having a big impact on the economy in Wheeling, W.Va. It produced the fifth-fastest growing economy in the United States in and around Wheeling, according to a new report from the U.S. Department of Commerce. The three-county Wheeling area saw its gross domestic product grow by 9.5 percent from 2013 to 2014, the agency’s Bureau of Economic ...

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Canonsburg company finds niche in shale drilling for treating wastewater

wastewater

The way Aquatech figures, it makes more sense to treat shale gas wastewater where its born — at the well — than to treat it off-site. The Canonsburg-based company treats and recycles industrial wastewater with a growing division dedicated to water-intensive shale gas drilling operations. “We feel if you can reuse the water, that’s the cheapest mode of disposal,” said ...

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Global oil and gas exploration spending to slide 17 pct

HOUSTON, Jan 7 – The world’s oil and gas exploration companies are expected to cut capital expenditures 17 percent this year as a deep slump in crude oil prices takes a toll on budgets, according to a survey by Cowen and Company released on Wednesday. The survey, based on an average oil price of $70 per barrel, estimates that global ...

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Butler Township advisory board to address drilling issues

Butler Township commissioners have established a citizens’ advisory committee to act as a community liaison about shale drilling for natural gas at the Krendale Golf Course. The committee, which has yet to be named, will be chaired by Jillian Ramsay Stern, a member of the county Democratic committee and township resident. It includes Larry Christie, the township’s fire marshal, and ...

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