Shale
in sentence
33 examples of Shale in a sentence
To my right is sheer
shale.
Developing tar sands and coal
shale
is the equivalent.
And
shale
is not quite completely competent rock.
The
shale
would like some shoring, and so parts of it are caved in in there.
This price had never risen above $70 since 2014, when the upsurge in US
shale
production caused oil prices to collapse.
Though it is not the ultimate solution,
shale
gas is greener.
But now a new and powerful factor could change this dismal political equation:
shale
gas, which is already having an important effect on the United States and its economy.
Argentina’s government expropriated YPF from Spain’s Repsol in 2012, with the resulting suits and countersuits delaying any potential investment in
shale.
By 2015, more than half of all the natural gas produced in the US came from
shale.
The
shale
boom has propelled the US from being an energy importer to an energy exporter.
But the cost of producing
shale
will now rise again, because such significant efficiency gains are not sustainable and the cost of capital is high.
The technology of horizontal drilling and hydraulic fracturing, by which
shale
and other tight rock formations at great depths are bombarded with water and chemicals, has released major new supplies of both natural gas and oil.
When oil demand is fairly strong, as it is now and tends to be in early summer, the price will be set by the marginal production costs in US
shale
basins and Canadian tar sands.
The price needed to elicit enough production from US
shale
and Canadian tar sands to meet strong demand may be $50, $55, or even $60, but it is unlikely to be much higher than that.
Argentina certainly has massive reserves still to be exploited: an estimated 19.9 billion barrels of crude oil and 583 trillion cubic feet of gas, concentrated in the Vaca Muerta
shale
formation.
So Argentina’s
shale
megaproject undermines efforts to address climate change, threatens local democracy and indigenous rights, and will not bring the economic benefits promised by its proponents.
As in the oil and gas sector – where tapping unconventional sources, such as
shale
and tar sands, has proved a game changer – the water sector must adopt all unconventional options, including recycling wastewater and desalinating ocean and brackish waters.
(To extract energy from shale, millions of gallons of water must be shot into it.)
BRUSSELS – The global energy community is abuzz with excitement about hydraulic fracturing, or “fracking,” a newish technology that has opened formerly inaccessible reserves of gas trapped in underground
shale
formations.
On the contrary, oil scarcity is less of a concern today than ever before, owing not only to energy-efficiency initiatives, like the European Union’s nearly zero-energy buildings policy, but also to rising competition between
shale
producers and traditional oil exporters.
With the US
shale
revolution having rendered OPEC useless, Saudi Arabia has decided that its creature is not worth keeping alive.
But just when these countries were beginning to achieve success, the US
shale
revolution emerged, threatening all three of their main strategic objectives.
To find buyers for all this extra oil, roughly equal to the extra output produced by the US
shale
revolution, Iran will have to compete fiercely not only with Saudi Arabia, but also with Iraq, Kazakhstan, Russia, and other low-cost producers.
But, if those hopes are to be fulfilled, not only will producers have to control what they can (by maintaining production discipline); what lies beyond their control (output from
shale
and the value of the dollar) will also have to work in their favor.
First, we should recognize that even as oil becomes scarce, other fossil fuels such as coal, gas, and unconventional sources such as
shale
and tar sands, will remain plentiful for centuries.
Important energy technologies will include conversion of coal to liquids (such as gasoline), use of tar sands and oil shale, and growth in non-fossil-fuel energy sources.
Hydraulic fracturing – known as “fracking” – has been around since 1947, and initial efforts to adapt it to dense
shale
began in Texas in the early 1980’s.
But it was not until the late 1990’s and early 2000’s that the specific type of fracturing for shale, combined with horizontal drilling, was perfected.
Yet the net effect of this cooperation has been to help the US
shale
industry boost its own production and sales, thereby capturing most of the world’s incremental demand.
Commentators have offered various explanations, including the intimation that Saudi Arabia might be colluding with Russia to undermine the US
shale
industry.
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