Saturday , 9 November 2024

Shale Gas Info: What is Shale? What is Fracking? What Does Its Future Mean For America?

 

Natural gas has the potential to bridge the gap between the current oil dominated energy mix and sustainable renewables. It’s cheap, abundant, and the cleanest fossil fuel in the world. In fact, at today’s consumption rates, estimated US natural gas resources could be used to supply domestic electricity generation for 52 years.That being said, shale gas is trapped thousands of feet underground. How do we extract it and what does the process look like? The infographic below has all the details.

In association with the Rational Middle Energy Series, a video series on energy and how it fits into our future, and www.VisualCapitalist.com,  this infographic* is brought to you by Lorimer Wilson, editor of www.munKNEE.com (Your Key to Making Money!) and www.FinancialArticleSummariesToday.com (A site for sore eyes and inquisitive minds). This paragraph must be included in any article re-posting to avoid copyright infringement.

The What, Where, and How of Shale Gas

 

With proper regulation and risk management, natural gas drilling and fracking will be a worthwhile step towards a renewable energy future.

*http://www.visualcapitalist.com/portfolio/the-what-where-and-how-of-shale-gas-part-1

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Marathon Oil has a great animation on the basics of hydraulic fracturing or “fracking.” It explains how horizontal drilling works and explains the roles of water and sand. Take a look.

2.  Here’s the Complete Picture Regarding Natural Gas

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New gas technology such as hydraulic fracturing (fracking) and horizontal drilling have changed the complexion of natural gas in North America. This infographic explores natural gas, its properties, natural gas market dynamics, supply forecasts, demand, the shale revolution, and the switch from coal to natural gas. We also raise questions about methane leakage and hydraulic fracturing.

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Coal, hydroelectric and oil are increasingly in high demand to meet the world’s growing appetite for power. In fact, global energy consumption grew 5.6 percent in 2010, the highest rate since 1973. Discover 10 other fascinating facts about worldwide consumption in this informative slide show.

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World oil demand is…expected to surpass 115 million barrels per day in 2025 from only 91 million barrels per day today yet production in many countries is either waning or being consumed by the producing country. [In this article I identify those countries whose production is in decline, 2 countries who have increased production thanks to unique sources and how to invest accordingly.] Words: 595

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