RSS Feed
Author Archive
Is NY fracking a good idea? Look at Pennsylvania
Posted by CNBC: Javier E. David on October 6th, 2013
CNBC: First was Texas. Next came Pennsylvania and North Dakota. Could New York become the next U.S. shale hotspot?
It's a tantalizing prospect for some, given that the Empire State sits atop not one but two prolific shale formations, the Marcellus and the Utica. According to the most recent data from the United States Geological Survey, both have more than a combined 100 trillion cubic feet of estimated natural gas reserves.
Should New York overcome its deep reluctance to drill for natural gas, some...
Posted in 
Canadian resource minister: US still needs us
Posted by CNBC: Javier E. David on September 22nd, 2013
CNBC: The United States is likely to remain partly reliant on Canada for oil and gas on its road to energy independence, Canadian Natural Resources Minister Joe Oliver told CNBC in an interview this week.
Both the U.S. and Canada are emerging players in the worldwide natural gas export market. A U.S. shale boom is helping the world's biggest energy consumer become less reliant on energy imports, but "the U.S. will still need Canada," Oliver said.
Shale gas development is booming around the world,...
Natural Gas Finds a Friend in US Climate Policy
Posted by CNBC: Javier E. David on July 5th, 2013
CNBC: The White House's renewed push on climate change may have an unintended consequence--sparking new demand for natural gas, which is fast becoming a staple in creating electric power.
Last week, President Barack Obama gave a speech that unveiled a broad array of new initiatives to reduce carbon emissions and buttress alternative energy. According to many observers, those new rules could come at a cost to coal plants--one of the culprits behind greenhouse gases, and integral to generating electricity....
As US Oil Booms, an Unlikely Word Rises: Depletion
Posted by CNBC: Javier E. David on May 28th, 2013
CNBC: Could the U.S. energy revolution fall prey to the law of diminishing returns?
Oil depletion, or the rate at which a new production is sapped from existing wells, is a hot topic in energy circles. It was common fodder during the years where some analysts ominously warned about demand outstripping oil, but is rarely mentioned in the context of America's budding energy boom.
At least for now, depletion is not an immediate risk for a country that has only begun to scratch the surface of its oil...
Bakken Emerges as Contender for US Oil Drilling Crown
Posted by CNBC: Javier E. David on March 25th, 2013
CNBC: In the resurgence of US energy production, one spillover effect has been to put relatively obscure places on the map. One of those is Bakken, an oil hub that some believe could challenge the Gulf Coast's prodigious crude output.
Bakken, a region stretching through swaths of North Dakota and Montana, has transformed itself into a major site of US crude production.The formation is now seen as the future of oil drilling in the U.S., and is an epicenter of pipeline expansion projects designed to capitalize...