Oil shale

Oil prices around the world are decreasing, and it may be cause for concern. While many consumers are pleased with this news, the oil industry is failing and it is having a devastating impact on oil producing countries. If oil prices continue to decrease and the supply of oil remains high due to dwindling demand, the effects can be detrimental worldwide. The factors that are affecting oil prices include a decrease in project investment, an increase in domestic supply, and the increase in usage…

Fracking and The Technologies of Humility and Hubris Over the past several years there has been an outcry from U.S. environmentalists regarding a process for extracting extremely large caches of oil and natural gas that, prior to this process, were unattainable. This process in called Hydraulic Fracturing, or Fracking for short and has strong support on both sides of the issue as to whether it is a safe practice or could cause irreversible damage to the environment. It is the intention of…

1. Introduction The Brent field is an oil field located in the East Shetland Basin. This oil field was the first discovery in the northern part of the North Sea. It is located 186 kilometres north-east of Lerwick, Shetland Islands, Scotland at the water depth of 140 metres (460ft). (Figure 1) The field lies entirely within United Kingdom (UK) licence Block 211/29 at latitude 61°N and longitude 2°E. The Brent field is one of the biggest hydrocarbon accumulations in the United Kingdom area.…

Willow Springs Park runs through the Cherry Hill fault zone and has a history of artesian flowing springs. This paired with 90 years of oil production, a new urban farm, and Coastal Sage Scrub (CSS) community makes the park a uniquely diverse environment. The purpose of conducting research at Willow Springs Park is to monitor the growth of CSS, which consists of low-growing shrubs, many of which are summer deciduous, with some succulents and long-lived grasses, sages, buckwheats, etc. CSS…

denote lack of support. The word has also “become a linguistic weapon in the shale-gas culture wars” (Evenson 130). Another national survey then analyzed the response to a variation of the same test, except using the words “shale gas development” and “fracking” (Evenson 131). Again the terminology used invoked more negative responses towards “fracking,” while inducing a positive response to the more complex sounding “shale gas development.” The survey found that that support for the same idea,…

United States to consider the options of the oil drilling industry. Supported by the prior research and evaluation, the continuation of conventional oil drilling throughout the United States will not only improve its economical and environmental futuristic aspects, but will ensure the survival of the United State’s global dominance in the oil industry. OPEC has faced severe drops in profits from the competition of booming private American oil companies flood oil onto the market, and this will…

US Oil Embargo Lifted- Is It A Big Deal The lifting of the oil embargo is the Silver lining, which will encourage the Shale oil drillers to continue pumping at rock bottom prices. The possibility of better times in the future will encourage them to cut costs and survive the current crisis. There are a number of questions associated with the lifting of the ban, who will benefit from this? Will gasoline prices rise at the pump? Who will buy from the US when there is so much of supply glut in…

resources such as oil more accessible. The fracking process uses pressurized water with a combination of other materials to penetrate into said sentiment. In the late 1940s, engineers used fracking to increase oil production. Hydraulic fracturing started as an experiment in 1947 by Floyd Farris. The success of fracking caused it to be used worldwide to create new oil and gas wells. Fracking is used differently in each state, depending on the sentiment for example, the Barnett shale…

when a company decides to start drilling near a community, there are also ethical implications that these hydraulic fracturing companies need to into consideration. One of these ethical implacations that needs to be taking into consideration is if the oil and gas companies should be allow to be regulate by each state. Unlike most heavy industries out there, fracking companies regulations have been so far exempt from federal reach, leaving each state to implement their own regulations on these…

production capabilities through maximizing the contact area of unconventional wells with the reservoir production zones. During the fracturing process, a special fluid (primarily a mixture of sand and water) is blown out at a high pressure into the shale rock formation creating channels through which hydrocarbons can easily migrate to the well. Multi-stage fracturing is a combination of fracturing and plugging processes. Fractures are made in a reversed order starting form the end of the…