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An Overview of Unconventional Oil and Natural Gas: Resources and Federal Actions
Contributor(s): Congressional Research Service (Author)

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 ISBN: 1512308595     ISBN-13: 9781512308594
Publisher: Createspace Independent Publishing Platform
OUR PRICE: $18.76  

Binding Type: Paperback - See All Available Formats & Editions
Published: June 2015
Qty:
Additional Information
BISAC Categories:
- Political Science | Public Policy - Science & Technology Policy
- Political Science | Public Policy - Environmental Policy
- Reference
Physical Information: 0.07" H x 8.5" W x 11.02" L (0.22 lbs) 32 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
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.
 
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