The Shale Oil And Gas Debate

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The Shale Oil and Gas Debate

Author : CHARLEZ Philippe A.
Publisher : Editions TECHNIP
ISBN 13 : 2710811537
Total Pages : 232 pages
Book Rating : 4.7/5 (18 download)

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Book Synopsis The Shale Oil and Gas Debate by : CHARLEZ Philippe A.

Download or read book The Shale Oil and Gas Debate written by CHARLEZ Philippe A. and published by Editions TECHNIP. This book was released on 2015-05-07 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the space of six years, the united States have reduced their dependence on oil by a third and have become almost self-sufficient in terms of gas supply. This “shale oil and gas revolution”, a sudden and unexpected earthquake in the energy world, enabled the US to become one of the most competitive countries in the world. Exporting this revolution could double the world gas reserves and boost those of oil by 20%. Outside North America, the main reservoirs are thought to be in China, Russia and Argentina. In the medium term, this new state of affairs will have major geopolitical consequences, fundamentally altering oil, gas and coal imports. While US imports from the Persian Gulf rapidly dwindle, those of China and India will significantly increase and as the United States becomes a gas exporter, Russia will have to find alternative markets. Although it is not ranked in the “top 10”, Europe is thought to have vast resources. Yet for the realization of a major European project, a number of geological (are European source rocks as high quality as their US counterparts?), economic (will Europe be able to develop its resources at an acceptable cost?) and societal barriers will have to be overcome. On a densely-populated, urban continent, hydraulic fracturing, water supply, microseisms and surface impact represent a battery of “threats” for the stakeholders. Changing this perception will require both pedagogy and transparency regarding the local communities. This has to be a win/win situation and not a case of give and take. In this work, written in the form of 20 questions for non-specialists, Philippe Charlez and Pascal Baylocq give you the answers to “everything you always wanted to know about shale oil and gas but never dared to ask".

The Fracking Debate

Author : Daniel Raimi
Publisher : Columbia University Press
ISBN 13 : 0231545711
Total Pages : 255 pages
Book Rating : 4.2/5 (315 download)

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Book Synopsis The Fracking Debate by : Daniel Raimi

Download or read book The Fracking Debate written by Daniel Raimi and published by Columbia University Press. This book was released on 2017-12-26 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over roughly the past decade, oil and gas production in the United States has surged dramatically—thanks largely to technological advances such as high-volume hydraulic fracturing, more commonly known as “fracking.” This rapid increase has generated widespread debate, with proponents touting economic and energy-security benefits and opponents highlighting the environmental and social risks of increased oil and gas production. Despite the heated debate, neither side has a monopoly on the facts. In this book, Daniel Raimi gives a balanced and accessible view of oil and gas development, clearly and thoroughly explaining the key issues surrounding the shale revolution. The Fracking Debate directly addresses the most common questions and concerns associated with fracking: What is fracking? Does fracking pollute the water supply? Will fracking make the United States energy independent? Does fracking cause earthquakes? How is fracking regulated? Is fracking good for the economy? Coupling a deep understanding of the scholarly research with lessons from his travels to every major U.S. oil- and gas-producing region, Raimi highlights stories of the people and communities affected by the shale revolution, for better and for worse. The Fracking Debate provides the evidence and context that have so frequently been missing from the national discussion of the future of oil and gas production, offering readers the tools to make sense of this critical issue.

The Fracking Debate

Author : Jonathan M. Fisk
Publisher : Routledge
ISBN 13 : 1315318636
Total Pages : 257 pages
Book Rating : 4.3/5 (153 download)

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Book Synopsis The Fracking Debate by : Jonathan M. Fisk

Download or read book The Fracking Debate written by Jonathan M. Fisk and published by Routledge. This book was released on 2017-08-07 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The disputes around fracking, and oil and gas policy, follow a long tradition of complicated intergovernmental relationships. Proponents argue that fracking supports new and well-paying jobs, revitalizes state and local economies, and that it can help replace reliance on other fossil fuels. Skeptics and opponents contend that oil and gas production via fracking contaminates air and water resources, causes earthquakes, and can ruin the character of many communities. Examining the intergovernmental politics of the first oil and natural gas boom of the 21st century, The Fracking Debate, Second edition offers a holistic understanding of the politics that characterize oil and natural gas operations, including why local governments are challenging their state’s preemptive authority, in order to initiate a larger conversation about improving intergovernmental relationships. Author Jonathan Fisk presents a novel argument about the ways in which local, state, regional, and national approaches to governance of shale gas development can work together to reduce conflict and forward the interests of the communities exposed to development, asking important questions such as: What state structures govern state-local relations? What state institutions impact and shape oil and gas production? What is the policymaking context in the state? What are the costs and benefits of hydraulic fracturing at the national, state, and local levels? How are risks and rewards distributed within states? What local policies have challenged the state, and why would local communities challenge the state? The result is a book that demonstrates that when stakeholders acknowledge their interdependencies and one another’s expertise, they create, design, and implement more responsive, strategic, and targeted public policies. The Fracking Debate, Second edition will be required reading for courses on oil and gas policy in the United States, environmental politics, and domestic energy politics, as well as a vital reference for practitioners and policymakers working in these fields.

Shale Oil and Gas

Author : Vikram Rao
Publisher : RTI Press
ISBN 13 : 1934831077
Total Pages : 184 pages
Book Rating : 4.9/5 (348 download)

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Book Synopsis Shale Oil and Gas by : Vikram Rao

Download or read book Shale Oil and Gas written by Vikram Rao and published by RTI Press. This book was released on 2015-08-09 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Promise and the Peril

The Shale Dilemma

Author : Shanti Gamper-Rabindran
Publisher : University of Pittsburgh Press
ISBN 13 : 082298301X
Total Pages : 416 pages
Book Rating : 4.8/5 (229 download)

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Book Synopsis The Shale Dilemma by : Shanti Gamper-Rabindran

Download or read book The Shale Dilemma written by Shanti Gamper-Rabindran and published by University of Pittsburgh Press. This book was released on 2017-11-30 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: The US shale boom and efforts by other countries to exploit their shale resources could reshape energy and environmental landscapes across the world. But how might those landscapes change? Will countries with significant physical reserves try to exploit them? Will they protect or harm local communities and the global climate? Will the benefits be shared or retained by powerful interests? And how will these decisions be made? The Shale Dilemma brings together experts working at the forefront of shale gas issues on four continents to explain how countries reach their decisions on shale development. Using a common analytical framework, the authors identify both local factors and transnational patterns in the decision-making process. Eight case studies reveal the trade-offs each country makes as it decides whether to pursue, delay, or block development. Those outcomes in turn reflect the nature of a country’s political process and the power of interest groups on both sides of the issue. The contributors also ask whether the economic arguments made by the shale industry and its government supporters have overshadowed the concerns of local communities for information on the effects of shale operations, and for tax policies and regulations to ensure broad-based economic development and environmental protection. As an informative and even-handed account, The Shale Dilemma recommends practical steps to help countries reach better, more transparent, and more far-sighted decisions.

When Fracking Comes to Town

Author : Sabina E. Deitrick
Publisher : Cornell University Press
ISBN 13 : 1501761013
Total Pages : 262 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis When Fracking Comes to Town by : Sabina E. Deitrick

Download or read book When Fracking Comes to Town written by Sabina E. Deitrick and published by Cornell University Press. This book was released on 2022-01-15 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Fracking Comes to Town traces the response of local communities to the shale gas revolution. Rather than cast communities as powerless to respond to oil and gas companies and their landmen, it shows that communities have adapted their local rules and regulations to meet the novel challenges accompanying unconventional gas extraction through fracking. The multidisciplinary perspectives of this volume's essays tie together insights from planners, legal scholars, political scientists, and economists. What emerges is a more nuanced perspective of shale gas development and its impacts on municipalities and residents. Unlike many political debates that cast fracking in black-and-white terms, this book's contributors embrace the complexity of local responses to fracking. States adapted legal institutions to meet the new challenges posed by this energy extraction process while under-resourced municipal officials and local planning offices found creative ways to alleviate pressure on local infrastructure and reduce harmful effects of fracking on the environment. The essays in When Fracking Comes to Town tell a story of community resilience with the rise and decline of shale gas production. Contributors: Ennio Piano, Ann M. Eisenberg, Pamela A. Mischen, Joseph T. Palka, Jr., Adelyn Hall, Carla Chifos, Teresa Córdova, Rebecca Matsco, Anna C. Osland, Carolyn G. Loh, Gavin Roberts, Sandeep Kumar Rangaraju, Frederick Tannery, Larry McCarthy, Erik R. Pages, Mark C. White, Martin Romitti, Nicholas G. McClure, Ion Simonides, Jeremy G. Weber, Max Harleman, Heidi Gorovitz Robertson

The Global Impact of Unconventional Shale Gas Development

Author : Yongsheng Wang
Publisher : Springer
ISBN 13 : 331931680X
Total Pages : 249 pages
Book Rating : 4.3/5 (193 download)

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Book Synopsis The Global Impact of Unconventional Shale Gas Development by : Yongsheng Wang

Download or read book The Global Impact of Unconventional Shale Gas Development written by Yongsheng Wang and published by Springer. This book was released on 2016-07-15 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. Shale gas development in recent years has changed the energy discussion in the US as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible; the discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

Economics of Unconventional Shale Gas Development

Author : William E. Hefley
Publisher : Springer
ISBN 13 : 3319114999
Total Pages : 246 pages
Book Rating : 4.3/5 (191 download)

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Book Synopsis Economics of Unconventional Shale Gas Development by : William E. Hefley

Download or read book Economics of Unconventional Shale Gas Development written by William E. Hefley and published by Springer. This book was released on 2014-12-03 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

Shale Gas and Fracking

Author : Michael Stephenson
Publisher : Elsevier
ISBN 13 : 0128017627
Total Pages : 170 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Shale Gas and Fracking by : Michael Stephenson

Download or read book Shale Gas and Fracking written by Michael Stephenson and published by Elsevier. This book was released on 2015-02-02 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shale Gas and Fracking: The Science Behind the Controversy explains the relevant geological principles before examining the peer-reviewed evidence and presenting it through a simple and compelling illustrated narrative. Each chapter focuses on a particular controversy, such contamination of well water with gas from fracking, and follows a similar format: starting with the principles; then detailing peer-reviewed case studies for earthquakes, radioactivity, and climate change; and concluding with a judgment of the general risks involved. Shale Gas and Fracking: The Science Behind the Controversy provides readers with the unbiased information they need to make informed decisions on the controversial issue of fracking. Presents a clear and unbiased view of the pros and cons of fracking in Europe and the US, through a simple and compelling narrative from an informed publicly-funded scientist Includes full-colour diagrams, photographs, and maps to present information clearly and simply Focuses on peer-reviewed, documented examples, particularly of earthquakes and groundwater contamination due to fracking

The Fracking Debate

Author : Michael Marcovici
Publisher : BoD – Books on Demand
ISBN 13 : 3732287289
Total Pages : 246 pages
Book Rating : 4.7/5 (322 download)

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Book Synopsis The Fracking Debate by : Michael Marcovici

Download or read book The Fracking Debate written by Michael Marcovici and published by BoD – Books on Demand. This book was released on 2013-12-04 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The search for cheap, plentiful and reliable energy has become one of the holy grails of modern industrial society. Since the Western technologically-advanced nations own supplies began to deplete from the 1970s those economies became increasingly dependent on foreign oil, especially from volatile (and potentially hostile) areas in the Middle East, and gas from the world’s major producer - Russia. The discovery of large deposits of shale oil and gas in North America and across other parts of the world has been a major game changer as it puts the control of energy back in the hands of the US and its European partners. These countries had been trying to develop alternative, renewable resources for many years without any real major breakthrough and these sources still only offer a very small percentage of the total (and growing) energy requirements. Shale gas and oil offers abundant supply within the geographical areas of US and Europe and self-sufficiency for, potentially, another century. But the method of extracting these resources – fracking – has become an area of major controversy, sparking one of the great political and economic debates of modern times. Shale gas and oil promises massive benefits to the US and other economies; but are the health and environmental risks just too great?

An Overview of Unconventional Oil and Natural Gas

Author : Congressional Research Congressional Research Service
Publisher : CreateSpace
ISBN 13 : 9781505321661
Total Pages : 30 pages
Book Rating : 4.3/5 (216 download)

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Book Synopsis An Overview of Unconventional Oil and Natural Gas by : Congressional Research Congressional Research Service

Download or read book An Overview of Unconventional Oil and Natural Gas written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-11-21 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has seen resurgence in petroleum production, mainly driven by technology improvements-especially hydraulic fracturing and directional drilling-developed for natural gas production from shale formations. Application of these technologies enabled natural gas to be economically produced from shale and other unconventional formations, and contributed to the United States becoming the world's largest natural gas producer in 2009. Use of these technologies has also contributed to the rise in U.S. oil production over the last few years. In 2009, annual oil production increased over 2008, the first annual rise since 1991, and has continued to increase each year since. Between January 2008 and May 2014, U.S. monthly crude oil production rose by 3.2 million barrels per day, with about 85% of the increase coming from shale and related tight oil formations in Texas and North Dakota. Other tight oil plays are also being developed, helping raise the prospect of energy independence, especially for North America. The rapid expansion of tight oil and shale gas extraction using high-volume hydraulic fracturing has raised concerns about its potential environmental and health impacts. These concerns include potential direct impacts to groundwater and surface water quality, water supplies, and air quality. In addition, some have raised concerns about potential long-term and indirect impacts from reliance on fossil fuels and resulting greenhouse gas emissions and influence on broader energy economics. This report focuses mainly on actions related to controlling potential direct impacts. States are the primary regulators of oil and gas production on non-federal lands. State laws and regulations governing oil and gas production have been evolving across the states in response to changes in production practices as producers have expanded into tight oil, shale gas, and other unconventional hydrocarbon formations. However, state rules vary considerably, leading to calls for more federal oversight of unconventional oil and gas extraction activities, and hydraulic fracturing specifically. Although provisions of several federal environmental laws can apply to certain activities related to oil and gas production, proposals to expand federal regulation in this area have been highly controversial. Some advocates of a larger federal role point to a wide range of differences among state regulatory regimes, and argue that a national framework is needed to ensure a consistent minimum level of protection for surface and groundwater resources, and air quality. Others argue against more federal involvement, and point to the long-established state oil and natural gas regulatory programs, regional differences in geology and water resources, and concern over regulatory redundancy. The federal role in regulating oil and gas extraction activities-and hydraulic fracturing, in particular-has been the subject of considerable debate and legislative proposals for several years, but legislation has not been enacted. While congressional debate has continued, the Administration has pursued a number of regulatory initiatives related to unconventional oil and gas development under existing statutory authorities.

The Real Cost of Fracking

Author : Michelle Bamberger
Publisher : Beacon Press
ISBN 13 : 0807081418
Total Pages : 248 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis The Real Cost of Fracking by : Michelle Bamberger

Download or read book The Real Cost of Fracking written by Michelle Bamberger and published by Beacon Press. This book was released on 2015-09-01 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: A pharmacologist and a veterinarian pull back the curtain on the human and animal health effects of hydraulic fracturing, or “fracking” Across the country, fracking—the extraction of natural gas by hydraulic fracturing—is being touted as the nation’s answer to energy independence and a fix for a flagging economy. Drilling companies assure us that the process is safe, politicians push through drilling legislation without a serious public-health debate, and those who speak out are marginalized, their silence purchased by gas companies and their warnings about the dangers of fracking stifled. The Real Cost of Fracking pulls back the curtain on how this toxic process endangers the environment and harms people, pets, and livestock. Michelle Bamberger, a veterinarian, and Robert Oswald, a pharmacologist, combine their expertise to show how contamination at drilling sites translates into ill health and heartbreak for families and their animals. By giving voice to the people at ground zero of the fracking debate, the authors vividly illustrate the consequences of fracking and issue an urgent warning to all of us: fracking poses a dire threat to the air we breathe, the water we drink, and even our food supply. Bamberger and Oswald reveal the harrowing experiences of small farmers who have lost their animals, their livelihoods, and their peace of mind, and of rural families whose property values have plummeted as their towns have been invaded by drillers. At the same time, these stories give us hope, as people band together to help one another and courageously fight to reclaim their communities. The debate over fracking speaks to a core dilemma of contemporary life: we require energy to live with modern conveniences, but what degree of environmental degradation, health risks, and threats to our food supply are we willing to accept to obtain that energy? As these stories demonstrate, the stakes couldn’t be higher, and this is an issue that none of us can afford to ignore.

Shale Gas and the Future of Energy

Author : John C. Dernbach and James R. May
Publisher : Edward Elgar Publishing
ISBN 13 : 178347615X
Total Pages : 352 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Shale Gas and the Future of Energy by : John C. Dernbach and James R. May

Download or read book Shale Gas and the Future of Energy written by John C. Dernbach and James R. May and published by Edward Elgar Publishing. This book was released on 2016-02-26 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid growth of shale gas development has led to an intense and polarizing debate about its merit. This book asks and suggests answers to the question that has not yet been systematically analysed: what laws and policies are needed to ensure that shale gas development helps to accelerate the transition to sustainability? In this groundbreaking book, more than a dozen experts in policy and academia assess the role that sustainability plays in decisions concerning shale gas development in the US and elsewhere, offering legal and policy recommendations for developing shale gas in a manner that accelerates the transition to sustainability. Contributors assess good practices from Pennsylvania to around the planet, discussing how these lessons translate to other jurisdictions. Ultimately, the book concludes that major changes in law and policy are needed to develop shale gas sustainably. Policymakers and educators alike will find this book to be a valuable resource, as it tackles the technical, social, economic and legal aspects associated with this sustainability issue. Other strengths are its clear language and middle-ground policy perspective that will make Shale Gas and the Future of Energy accessible to both students and the general public.

Shale Gas

Author : Vikram Rao
Publisher : RTI Press
ISBN 13 : 1934831107
Total Pages : 184 pages
Book Rating : 4.9/5 (348 download)

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Book Synopsis Shale Gas by : Vikram Rao

Download or read book Shale Gas written by Vikram Rao and published by RTI Press. This book was released on 2012-06-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shale gas has the potential to transform the U.S. energy-based economy in the electricity, transportation, and chemical sectors. U.S. success can be expected to translate to Europe and other parts of the world. Shale gas production is uniquely enabled by hydraulic fracturing, a technique that has come under heavy scrutiny for its potential to cause environmental damage. In this book, Vikram Rao addresses the issues surrounding shale gas in a balanced fashion. The book is intended to inform both sides of the fracturing debate, where currently rhetoric is overtaking understanding. Tailored for a nontechnical audience—with technical chemistry and geology information couched in sidebars—the book culminates in suggestions for research and guidance for policymaking.

Governing Shale Gas

Author : John Whitton
Publisher : Routledge
ISBN 13 : 1317267567
Total Pages : 310 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Governing Shale Gas by : John Whitton

Download or read book Governing Shale Gas written by John Whitton and published by Routledge. This book was released on 2018-07-27 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shale energy development is an issue of global importance. The number of reserves globally, and their potential economic return, have increased dramatically in the past decade. Questions abound, however, about the appropriate governance systems to manage the risks of unconventional oil and gas development and the ability for citizens to engage and participate in decisions regarding these systems. Stakeholder participation is essential for the social and political legitimacy of energy extraction and production, what the industry calls a 'social license' to operate. This book attempts to bring together critical themes inherent in the energy governance literature and illustrate them through cases in multiple countries, including the US, the UK, Canada, South Africa, Germany and Poland. These themes include how multiple actors and institutions – industry, governments and regulatory bodies at all scales, communities, opposition movements, and individual landowners – have roles in developing, contesting, monitoring, and enforcing practices and regulations within unconventional oil and gas development. Overall, the book proposes a systemic, participatory, community-led approach required to achieve a form of legitimacy that allows communities to derive social priorities by a process of community visioning. This book will be of great relevance to scholars and policy-makers with an interest in shale gas development, and energy policy and governance.

Snake Oil

Author : Richard Heinberg
Publisher : CLAIRVIEW BOOKS
ISBN 13 : 1905570724
Total Pages : 162 pages
Book Rating : 4.9/5 (55 download)

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Book Synopsis Snake Oil by : Richard Heinberg

Download or read book Snake Oil written by Richard Heinberg and published by CLAIRVIEW BOOKS. This book was released on 2014-03-24 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: The rapid spread of ‘fracking’ (hydraulic fracturing) has temporarily boosted natural gas and oil production, particularly in the USA, but it has also sparked a massive environmental backlash in local communities. The fossil fuel industry is promoting fracking as the biggest energy development of the century, with seductive promises of energy independence and benefits to local economies. Snake Oil casts a critical eye on the oil-industry hype that has hijacked the discussion over energy security. This is the first book to look at fracking from both economic and environmental perspectives, informed by the most thorough analysis of shale gas and oil drilling data ever undertaken. Is fracking the miracle cure-all to our energy ills, or a costly distraction from the necessary work of reducing our fossil fuel dependence?

The Green and the Black

Author : Gary Sernovitz
Publisher : Macmillan + ORM
ISBN 13 : 1466892579
Total Pages : 299 pages
Book Rating : 4.4/5 (668 download)

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Book Synopsis The Green and the Black by : Gary Sernovitz

Download or read book The Green and the Black written by Gary Sernovitz and published by Macmillan + ORM. This book was released on 2016-02-23 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gary Sernovitz leads a double life. A typical New York liberal, he is also an oilman - a fact his left-leaning friends let slide until the word "fracking" entered popular parlance. "How can you frack?" they suddenly demanded, aghast. But for Sernovitz, the real question is, "What happens if we don't?" Fracking has become a four-letter word to environmentalists. But most people don't know what it means. In his fast-paced, funny, and lively book, Sernovitz explains the reality of fracking: what it is, how it can be made safer, and how the oil business works. He also tells the bigger story. Fracking was just one part of a shale revolution that shocked our assumptions about fueling America's future. The revolution has transformed the world with consequences for the oil industry, investors, environmentalists, political leaders, and anyone who lives in areas shaped by the shales, uses fossil fuels, or cares about the climate - in short, everyone. Thanks to American engineers' oilfield innovations, the United States is leading the world in reducing carbon emissions, has sparked a potential manufacturing renaissance, and may soon eliminate its dependence on foreign energy. Once again the largest oil and gas producer in the world, America has altered its balance of power with Russia and the Middle East. Yet the shale revolution has also caused local disruptions and pollution. It has prolonged the world's use of fossil fuels. Is there any way to reconcile the costs with the benefits of fracking? To do so, we must start by understanding fracking and the shale revolution in their totality. The Green and the Black bridges the gap in America's energy education. With an insider's firsthand knowledge and unprecedented clarity, Sernovitz introduces readers to the shales - a history-upturning "Internet of oil" - tells the stories of the shale revolution's essential characters, and addresses all the central controversies. To capture the economic, political, and environmental prizes, we need to adopt a balanced, informed perspective. We need to take the green with the black. Where we go from there is up to us.