In an interview with Breanna Atkinov of Reos Partners, Peter Tertzakian, the Chief Energy Economist and Director of Arc Financial discussed the challenges and opportunities in Canada’s energy sector.
Tertzakian believes the industry is going to change in a big and meaningful way. The executive remarked that the innovation in the industry beginning in 2008/2009 has been profound.… Read More...
One of the criticisms against hydraulic fracking is the amount of water the process requires. Now the officials of Amite and Wilkinson counties are preparing a plan to boost hydraulic fracturing in the region at the same time generate income for road and bridge maintenance.
The plan involves a $10 million piping plan that will make use of … Read More...
The Environmental Integrity Project, in a recently released report, alleges that the Safe Drinking Water Act, the federal law that regulates the use of fracking fluids into the ground is too lax.
This is because there are loopholes when it comes to non-diesel chemicals used in fracking. Because there is a lack of regulation for such chemicals, there … Read More...
Who would have thought that a boom for the oil industry is the bane to the construction industry? The current boom in the US oil industry has resulted in a high demand for workers. And where are all the skilled workers in the oil industry coming from?
Turns out companies have resorted to poaching construction workers. This has … Read More...
OPEC controls about a third of world’s oil supply but this could end in this decade. That is if the US oil drillers can get the greenlight to export its oil. According to estimates, the US could produce up to 14.2 million barrels per day by 2020. Of course, OPEC will continue to fight the battle and try … Read More...
Now that oil and gas production has grown leaps and bounds in the Western Hemisphere, the issue that needs to be addressed is how to bring the oil to the Eastern Hemisphere where there is a growing demand for it.
This is according to the recent discussions at the Woodrow Wilson International Center for Scholars. There are many … Read More...
Consumers are rejoicing that gas is now selling at a three-year low of $3 a gallon.
The question this situation raises is should people really be happy? There is no simple answer. It depends who you ask. Individual consumers and industries that rely heavily on gas are happy that the price is now so low.
But this isn’t … Read More...
Oil and natural gas boom can lead to population growth and in the case of the Permian Basin, a greater demand for electricity. According to the town, it has created a new plan to double its electrical grid capacity.
In a press conference, the Executive Director of the Midland-Odessa Transportation Alliance James Beauchamp said that 75,000 people had … Read More...
According to the latest report from the US Energy Information Administration, Texas leads the nation in terms of jobs in the oil and natural gas industry.
In 2013, the state added 19,000 new jobs in the industry.
This figure is six times more than the registered number of jobs added in the industry in New Mexico last year. … Read More...
The booming oil and gas industry in Alberta, Canada is providing employment opportunities for so many young men. The field career pays wages high enough for families to live on and much more. But the careers in Alberta’s oil and gas sectors do not come without a price.
Many of the men who work in the oil fields … Read More...
