It was a cold, rainy day in downtown Denver when an Oil & Gas 360® reporter was greeted in the bathroom at the EPA office building: “Lovely weather out there, huh? Even God’s saying there’s a carbon problem!” The U.S. Environmental Protection Agency announced in June that its stated goal is to reduce U.S. carbon dioxide emissions by 30 percent by 2030.
Almost half of the state of New York is underlain by the Marcellus shale, the nation’s most prolific natural gas deposit. But thanks to a long running delay in permitting—to study hydraulic fracturing—ever since 2008, the State of New York has dragged its feet on shale development. In doing so it has kept landowners, citizens, municipalities and itself from benefiting
Russia and Iraq are giants in the hydrocarbon industry. The two powerhouses were the third and sixth greatest oil producers in 2012, and Iraq’s oil reserves rank fifth in the entire world. Russia’s natural gas reserves are the highest on the planet, and its 2012 production average of 63.4 Bcf/d allowed it to export 76% of its natural gas across
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