The major drivers for hydraulic fracturing market are the fact that the technology increases production rate and adds to recoverable reserves; provides access to an energy strategy shift through natural gas and energy security by domestic supply. Water availability and public opposition are seen as major restraints to the hydraulic fracturing market.
Although Laramie County could be benefiting somewhat from its southern neighbor, it’s not seeing a large amount of jobs or population growth spill over into its borders. Development of the Niobrara Shale Play is much stronger in Colorado than Wyoming, at least so far.
“In this plea agreement, Duke Energy Renewables acknowledges that it constructed these wind projects in a manner it knew beforehand would likely result in avian deaths,” Robert G. Dreher, acting assistant attorney general for the Justice Department’s Environment and Natural Resources Division, said in a statement Friday
Wasatch Wind’s proposed 46-turbine development near Glenrock now faces a race against the clock, as the project’s developer seeks to secure financing and finalize a utility contract before its state permit expires early next year.
The chief operating officer of a bankrupt coal-bed methane farming company with about 1,350 wells in the Powder River Basin said most of them will get plugged if the state agrees to its proposal.
North American shale plays are so robust, Alhajji said, that the term “energy crisis” has all but disappeared. Still, despite the gains made in domestic energy production, oil independence is not imminent for the United States, he noted. “We will see improvement, yes, but this idea of complete independence is nonsense.”