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Tag Archives: shale

Shale oil: market correction or longterm direction?

By Jack Weatherly The golden age of hydraulic fracturing began about 10 years ago “as oil and gas producers began to explore the nation’s massive shale formations in earnest,” according to an essay on the American Society of Mechanical Engineers website. Expansion of the technique in subterranean shale formations has pushed the United States toward oil and natural gas self-sufficiency in ...

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Lignite looking more like the wrong horse to have bet on

While the world has been championing natural gas as the savior of the energy crisis, Mississippi Power has insisted that gas prices will be high and volatile — reminiscent of 2009 — for years to come. The 2011 Energy Outlook from the U.S. Energy Information Administration (EIA) projects that natural gas prices will stay around $5 per million Btu through ...

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