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Profit and Debt Pressures Spark Slowdown in Shale

Profit and Debt Pressures Spark Slowdown in Shale

    BY TOM OZIMEK Fracking insiders said that the dynamic growth of shale in recent years is suffering a slowdown as industry investors demand higher returns and lower debt. Shale producers such as Pioneer, Range Resources, EQT Corp, and Whiting Petroleum have reduced production targets and cut staff, aiming to meet investors’ bottom-line demands for more profit […]

Trump Administration finalizes approval for Drilling and Fracking California Parks, Schools, Reservoirs and Nature Preserves

Trump Administration finalizes approval for Drilling and Fracking California Parks, Schools, Reservoirs and Nature Preserves

CENTRAL Calif. – Today, the Trump administration took the final step to re-open federal land to new oil drilling and fracking in California after a six-year moratorium. The final approval, a Record of Decision issued by the Bureau of Land Management, allows drilling and fracking leasing to resume on one-million acres across Central California, including […]

Gov. Newsom suspends new fracking permits in latest attempt to reduce greenhouse gas emissions

Gov. Newsom suspends new fracking permits in latest attempt to reduce greenhouse gas emissions

By Chris Reed Gov. Gavin Newsom has announced an immediate suspension of permits allowing new hydraulic fracturing and steam-injected oil drilling – the latest in a series of moves in the past week underscoring California’s determination to be seen as a leader in climate change efforts. “These are necessary steps to strengthen oversight of oil and gas […]

Trump Administration Releases Draft Study of Drilling and Fracking | California Central Coast Region

Trump Administration Releases Draft Study of Drilling and Fracking | California Central Coast Region

Los Padres ForestWatch  Press Release Public Comments Accepted Until June 10; Public Hearings Scheduled in San Luis Obispo, Santa Barbara, and Bakersfield Central Calif. – Amidst Earth Week celebrations throughout California’s central coast region, the Trump Administration has released a study seeking to open more than one million acres of federal land and mineral estate […]

California Gov. Newsom facing new pressure from environmental groups to block drilling, fracking

California Gov. Newsom facing new pressure from environmental groups to block drilling, fracking

By Andrew O’Reilly | Fox News In the next few weeks, California Gov. Gavin Newsom is slated to announce his administration’s energy policy strategy – and many environmental groups there are hoping it will include plans to end oil and gas drilling in the nation’s most populous state and phase out all fossil fuel extraction. At the very least, green groups […]

Fracking Bust? Shale Wells Across US Churning Out Less Oil Than Projected

Fracking Bust? Shale Wells Across US Churning Out Less Oil Than Projected

Jason Hopkins | Energy Investigator The implementation of hydraulic fracturing has helped propel the U.S. into an energy superpower, but there are signs that the fracking boom might not be as productive as developers assumed. The U.S. surpassed Saudi Arabia and Russia in September to become the largest oil producer in the world. The historic milestone came […]

Hydraulic Fractuing | Still Misunderstood

Hydraulic Fractuing | Still Misunderstood

  By Jay Lehr and Tom Harris Just over a decade ago, America’s energy outlook was revolutionized by technological advances in hydraulic fracturing, commonly called ‘fracking.’ While fracking, the injection of high-pressure water, sand and chemicals into rock to force natural gas and oil to be released, has been used in vertical wells since 1947, new techniques […]

Trump Administration Begins Process to Reopen 1.6 Million Acres in California to Oil Drilling and Fracking

Trump Administration Begins Process to Reopen 1.6 Million Acres in California to Oil Drilling and Fracking

Bakersfield, Calif. – The Trump Administration today launched a 30-day public comment period on the environmental and public health impacts of hydraulic fracking in central California. The move is the first step in a process that will decide whether to allow the controversial oil extraction technique across 1.6 million acres of federal public land and […]

Keep it in the Ground … By Blocking Pipelines

Keep it in the Ground … By Blocking Pipelines

  By Paul Driessen If they can’t stop energy development, they block pipeline transport (and get unexpected help) You can understand their frustration, as the steady stream of radical environmentalist successes during the Obama years has been replaced with endless setbacks. Oil, gas and coal leasing, permits and production have risen significantly. Big Green just […]

Did Fracking Cause Hawaii Volcano Eruption?

Did Fracking Cause Hawaii Volcano Eruption?

  By Jon Rappoport On the Big Island of Hawaii, where the Kilauea volcano has explosively erupted, there is a geothermal energy plant. It is the Puna Geothermal Venture (PGV) Plant, in Puna. There is a long-running debate about whether PGV is fracking. The debate may be a matter of terminology, because in the geothermal […]

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