Tag Archives: natural gas

NAFTA can work both ways: Mexico starts to privatize energy

The North American Free Trade Agreement, now over twenty years old,  has been very good for Canada and, even more, for Mexico with both countries’ enjoying highly favorable balances of trade with the U.S.  Mexico is increasingly replacing China as a source … Continue reading

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GW/Climate Change: Why methane is so important

For some time now, it has become obvious that natural gas and crude oil production from shale deposits results in significant emissions of methane, a much more potent greenhouse gas than carbon dioxide. Efforts by drillers and gas distributors to … Continue reading

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Ukraine and Russian natural gas

The  crisis in Ukraine,  a Putin power play, is significantly supported by Russia’s  position as a very large supplier of natural gas to Western Europe. The main Gazprom supply lines  transport around 400 million cubic meters per day to a number of countries … Continue reading

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China Shale Gas: Not so fast!

The 17-23 February Issue of ICIS Business News featured an article on China’s potential to become a major producer of hydrocarbons using hydraulic fracturing of shale. It is well known that China has large shale deposits, actually estimated to have  more recoverable … Continue reading

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With Shale Crude U.S. production soars

In late 2013, U.S. crude oil production exceeded 8 million barrels per day, reaching a level not seen since 1988. (So much for “Peak Oil”.) Imported crude oil and petroleum products dipped to 28 percent of domestic demand, down from … Continue reading

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Fracking: The more you know….

The controversies around hydraulic fracturing of shale deposits continue to swirl even as tens of thousands of new wells are being drilled every year in a number of states.  Opponents of fracking cite poor drilling practices, drinking water contamination, growing fresh water scarcity and methane … Continue reading

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U.S. Becoming Largest Hydrocarbons Producer

The hydraulic fracturing technology, combined with horizontal drilling, is dramatically changing the world league table for producers of crude oil and natural gas. The United States now produces as much or more liquid hydrocarbons (crude oil plus natural gas condensate) as Russia and Saudi … Continue reading

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