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The Democrat, the Fracking Executive and the Deal They Struck. Can It Work?

Pennsylvania’s governor and the chief executive of natural-gas driller CNX Resources are pursuing a fracking business model. Pennsylvania’s governor and the chief executive of natural-gas driller CNX Resources are pursuing a fracking business model. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Texas Just Had Its Biggest Earthquake in Decades, and Fracking Is a Prime Suspect

A fracking site is situated on the outskirts of town in the Permian Basin oil field on January 21, 2016 in the oil town of Midland, Texas. Photo: Spencer Platt (Getty Images)The Railroad Commission Texas, which regulates the state’s oil and gas industry, is investigating a 5.4-magnitude earthquake that rocked communities in West Texas last Wednesday, The Texas Tribune reports. Hydraulic fracturing, or fracking, is a drilling technique common in the area that is known tocause earthquakes.According to the U.S. Geological

Earthquake in Top Texas Oil Region Spurs Calls for New Fracking Rules

A powerful earthquake in West Texas is drawing fresh scrutiny to frackers’ water-management operations in the nation’s hottest petroleum-producing region.A 5.4-magnitude earthquake, the fourth largest in Texas history, struck an oil-and-gas production hot spot in Reeves County on Wednesday afternoon, sending tremors that were felt as far as Dallas, El Paso and San Antonio, where it damaged a historical building. No injuries were reported. The temblor adds pressure to the state’s oil-and-gas regulators to impose stricter…

UK’s new energy chief says fracking interesting, we need fossil fuels

Jacob Rees-Mogg photographed in London on Sept. 7, 2022. The lawmaker recently called for more fossil fuel extraction from the North Sea.Carl Court | Getty Images News | Getty ImagesLONDON — The U.K.'s new secretary of state for business, energy and industrial strategy is a lawmaker who recently called for more fossil fuel extraction from the North Sea and described fracking as an "interesting opportunity."Jacob-Rees Mogg, who is the MP for North East Somerset in the southwest of England, was confirmed in his role on…

Fracking Pioneer Harold Hamm Moves to Take Continental Resources Private

Harold Hamm, the billionaire fracking pioneer who helped launch the U.S. shale boom, is looking to take Continental Resources Inc. CLR 14.11% private, offering about $4.3 billion in cash to buy the portion of the company’s shares he and his family don’t already own. Mr. Hamm, 76, and other members of his family collectively hold about 83% of Continental, the Oklahoma City-based oil producer he ran for decades as chief executive, fueling a…