My commentaries have been published in CNN, The Hill, Real Clear Energy, and the Economist. Ranjana Bhandari, who founded the environmental organization Liveable Arlington in 2015, has led the fight against several drilling permit requests in and around Tarrant County, but especially in Arlington, a city of nearly 400,000. At stake, Dallas-Fort Worth activists argue, is the degree of transparency energy companies must meet while pursuing new gas wells, and if local leaders will allow those permits to go through without city council hearings. Advances in recovery technologies have made fracking safer and more efficient than ever. FORT WORTH, Texas. The nonpartisan EIA estimates the country has enough natural gas to last nearly 100 years. Benchmark U.S. crude futures rose 20% to $24.34 a barrel at 1:20 p.m. on the New York Mercantile Exchange, little more than two weeks before a precipitous collapse into negative territory. You can read diverse opinions from our Board of Contributors and other writers on the Opinion front page, on Twitter @usatodayopinion and in our daily Opinion newsletter. I am CEO of Canary, one of the largest privately-owned oilfield services companies in the United States. Yet, as our country faces the considerable challenge of meeting our future energy needs, companies...... WASHINGTON, D.C. – The Independent Petroleum Association of America (IPAA) and Western Energy Alliance today applauded the Department of the Interior’s decision to repeal a costly Obama administration federal rule on hydraulic fracturing. The French multinational company already held several leases in the Fort Worth area, which is part of the Barnett Shale, making it cheaper to drill a new well at existing sites. On December 29, 2017, President Trump’s BLM published a repeal of the Obama-era hydraulic fracturing rule, which took immediate effect and ended the Tenth Circuit Court appellate case. The heyday didn’t last. Fracking is the process of drilling down into the earth before a high-pressure water mixture is directed at the rock to release the gas inside. Within five years, McClendon was forced to resign over allegations of conspiring to rig bidding for oil and gas contracts, while investor concerns over his heavy spending and rising debts continued to grow. More than 1.7 million U.S. wells have been completed using the fracking process, producing more than seven billion barrels of oil and 600 trillion cubic feet of natural gas. I've served as a consultant to the energy industry in North. He went on to praise collaboration between the natural gas industry and federal regulators, noting that there are “a lot of folks who are engaging in hydraulic fracturing who are doing it safely.”. Video. Fracking is responsible for the “Shale Revolution” that transformed local economies in places like Ohio and Pennsylvania, shot domestic production to record highs, and turned America into a net energy exporter. “With Total moving back into Fort Worth, I have been warning people and telling them about this, and they’re just ignoring it,” said Sharon Wilson, a former oil industry employee in Fort Worth who now is a senior field advocate for the environmental advocacy group Earthworks. Energy firm Cuadrilla has begun fracking in the UK for the first time since the process was halted in 2011 over earth tremor fears. Shale oil comprises more than a third of the onshore production of crude oil in the lower 48 states. Biden has said little about how his administration would offset these unintended consequences of a fracking ban in federal areas. The BBC is not responsible for the content of external sites. U.S. Shale-Oil Boom May Not Last as Fracking Wells Lack Staying Power, BusinessWeek, October 10, 2013; Shale Skeptics Take On Pickens as Gas Fuels Policies, BusinessWeek July 15, 2013; Shale Oil And Gas: The Contrarian View, Forbes, May 8, 2013; Yes, Unconventional Fossil Fuels Are That Big of a Deal, The Atlantic, May 7, 2013 An analysis by the American Petroleum Institute showed that a federal leasing ban could jeopardize up to 7.5 million jobs or nearly 5 percent of the total workforce. The pain of crushingly low oil market prices and wary investors is already writ large across the US shale heartlands. “If you look at some of the prices that we got in 2019, that certainly is a signal that you can get more aggressive on the growth,” he said. 4239, the SECURE...... WASHINGTON, D.C. – Independent Petroleum Association of America (IPAA) Senior Vice President of Government Relations and Political Affairs Dan Naatz testified today at a legislative hearing before the U.S. House Natural Resources Subcommittee on Energy and Mineral Resources on the important role U.S. independent oil and...... WASHINGTON, D.C. – The Independent Petroleum Association of America (IPAA) and Western Energy Alliance today submitted detailed comments to the Bureau of Land Management (BLM) on its proposed rule that would rescind the March 2015 nationwide rule governing the practice of hydraulic fracturing on federal...... IPAA is the industry’s strongest presence in the nation’s capital and these are important times. Shale oil is alive and fracking despite low prices Oil companies with relatively comfortable investment-grade ratings are buying smaller rivals on the verge of relegation to junk. — The vast majority of rigs that dotted the landscape here more than a decade ago are long gone, along with the economic boom that natural gas drilling brought to North Texas.