Archive for the ‘Gas’ category
The Eagle Ford Shale
The Eagle Ford Shale is quite an interesting location situated on the outskirts of the town Eagle Ford in South Texas. The Eagle Ford Shale is located just below the Austin Chalk and just above the Edwards limestone formation. It is estimated that some areas of the Eagle Ford shale can go down as deep [...]
Pickens Pushes Case for Natural Gas As A Solution For Americas Dependence On Foreign Energy
As the nations three largest coal producers emphasized their role to congress as providers of cheap electricity and attempted to diminish the case for natural gas and the emerging conventional wisdom that North Americas natural gas supply is abundant enough and cheap enough to replace coal. T. Boone Pickens, the Texas oil tycoon turned clean [...]
Decline in U.S. Natural Gas Imports is Causing Panic in Leading Exporting Nations
BY KERRI SHANNON, Associate Editor, Money Morning The world ‘s biggest natural gas exporters met today (Monday) in Algeria and agreed to index gas prices to oil as shrinking U.S. natural gas imports are causing a global supply glut. “All ministers agreed and supported that we continue our efforts to achieve indexing gas to oil,” said Russian Energy [...]
Top 16 uses of petroleum
As a nation we are not only dependent on petroleum for transportation fuels and heating oil, but for a long list of products that we utilize daily without knowing the association with oil. We use and rely on petroleum daily, in a multitude of ways: from the gas in our cars to the fertilizer and pesticides used for our crops, even [...]




