Scientists wary of shale oil and gas as U.S. energy salvation

 

 

Source: Geological Society of America

Summary: After 10 years of production, shale gas in the United States cannot be considered commercially viable, according to scientists. They argue that while the use of hydraulic fracturing and horizontal drilling for “tight oil” is an important contributor to U.S. energy supply, it is not going to result in long-term sustainable production or allow the U.S. to become a net oil exporter.

After 10 years of production, shale gas in the United States cannot be considered commercially viable, according to several scientists presenting at the Geological Society of America meeting in Denver on Monday. They argue that while the use of hydraulic fracturing and horizontal drilling for “tight oil” is an important contributor to U.S. energy supply, it is not going to result in long-term sustainable production or allow the U.S. to become a net oil exporter.

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On Sept 19, 2023 ahead of the Climate Ambition Summit in New York City, climate activists gathered for a rally and civil disobedience outside Bank of America Tower in Midtown Manhattan as part of the March to End Fossil Fuels wave of actions resulting in multiple arrests. Activists demand Bank of America to “Defund Climate Chaos and Defend Human Rights” Photo: Erik McGregor (CC BY-NC 2.0 Deed)

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