Energy and Environment

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Technology Is Driving Fracking Revolution

Although energy producers have utilized fracking since the 1940s, today’s fracking revolution results from recent technological advances and new oil and natural gas discoveries. Hydraulic fracturing, or fracking, extracts oil and natural gas from shale rock by drilling thousands of feet below the earth’s surface and then injecting water, sand, and trace chemicals under high pressure to create cracks in the shale formations, thus releasing oil and natural gas. By some estimates, fracking could...

California Requires Oil, Gas Companies to Report Water Use

The California state Senate unanimously passed a bill to require oil and gas companies to report the source and amount of water they use in drilling operations. The measure was approved during a prolonged and severe statewide drought. Law May Backfire “Requiring oil and gas companies to report water use falls firmly within this class of useless and possibly counterproductive actions: it is most unlikely to result in a more rational allocation of water; it will almost certainly not ensure that...

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