I am tired of hearing about the unbelievable impact of technology on collapsing U.S. shale production costs. The truth is that these claims are unbelievable. The savings are real but only about […]
Tech Miracle In U.S. Shale Is A Media Myth
DISCUSSION: What is the cost of keeping Europe’s shale in the ground?
Recently, BP ruled itself out from drilling shale gas in the UK because it may “attract the wrong kind of public attention” [1]. In 2013 new studies estimated huge shale potential in […]
DISCUSSION: How will the fracking wars end?
Fracking is not a new technology, but the technological advances that have expanded its application to vast, previously unrecoverable reserves, have exposed it to significant new scrutiny. Since 2005, shale gas production […]
DISCUSSION: Pipelines or Rail? Implications of the new Keystone Report
The pending decision on the Keystone XL Pipeline is perceived as a precedent-setter for defining the US government’s commitment to balancing the environment with economic development. Anti-Keystone protests at the White House […]
DISCUSSION: Mexico’s Energy Revolution: A win for whom?
Mexico’s energy reform signed last December by President Pena Nieto marks an important milestone for the country, opening oil and natural gas exploration and production not only to local, but also to […]
DISCUSSION: What is the best leading indicator of shale production?
The recent boom in shale oil and gas production in the US has dramatically improved the economic and energy security prospects on North America. Texas alone saw a 20% increase of its […]
[Closed] DISCUSSION: Power from gas – who bears the risk?
The EIA’s Annual Energy Outlook for 2013 projects a continuation of the rebalancing occurring in electricity generation in the USA (See figure 1), with gas rising to 30% of the US electricity […]
[Closed] DISCUSSION: Methane Hydrates: another unexpected revolution?
LNG imports and nuclear energy have long played a key role in Japan’s electricity generation, as the country lacks domestic natural resources. However, since the Fukushima incident, Japan has increasingly been relying […]
[Closed] DISCUSSION: Williamsport, booming gas-drilling city, stays optimistic as drilling slows
The Marcellus Shale industry, which arrived in this northern Pennsylvania city five years ago and turned Williamsport into the seventh-fastest-growing area in the nation, appears to have lost some momentum. Economic activity […]
[Closed] DISCUSSION: Climate change could put $6 trillion in fossil fuel reserves at risk
The International Energy Agency last year warned that if humanity is to have any hope of avoiding catastrophic climate change, a third of the world’s fossil fuel reserves must be put off […]
Prometheus Institute 