Page 98 - Shell Gas News Today

Discussion at the clinton global initiative alo initiative. along with blankfein is jim rogers who is retiring from duke energy and dennis obrien, the owner of digicell. listen in. one piece of the american recovery, jim, has been the energy story. tell us from your perspective how big is that story, you know, of shale, of natural gas, of oil. i think everyone was expecting a technological revolution in energy, and they all expected it would be wind and solar, and there was a technological revol...

The line, forcing fractures then releasing oil pumped to the service. this is called hydraulic fracturing. or more commonly known as fracking. and is a common modern day oil rush. but there is something else lock had up in the shale, natural gas. natural gas is only half as much co2 as coal so it is a cleaner fossil fuel. in just over a decade u.s. production of shell gas increased 12 times. meanwhile u.s. carbon emissions are at their lowest level since 1994. >> weve had a pretty significant re...

Schedule and two and half times over budget and it is not done yet. >> you worked for bp solar. we have been talking a lot about fossil fuel companies. how committed are fossil fuel companies to renewables. can reimagine a transmission from where they are now to renewable can companies. >> bp announced they are sheltering their system and selling off wind mills from around the world, as has shell. ultimately they are doubling down on 20th century technologies they are not interested in the 21st ...

Well, just when you thought there wasnt all that much to cheer about in 2012, a panel is here with some good news. "wall street journal" editorial board member starts us off. what is your big good news of the year? >> it is a high energy story. >> just like you, high energy. >> basically we have through technology, the united states has discovered it has a huge amount of both shell oil and shell gas, and it can get it out of the ground. as i say thanks to technology. and thats not just a u.s. st...

Dont have refineries in the united states. the president tried to take increase for the oil and gas reduction. its inspite of the government. its because technology and venture capitalists and entrepreneurs have been out there drilling for the past ten years and figuring out how to access shell gas and shell oil. so i think theres absolutely every reason to say this presidents policies have failed. >> before we turned downward in 2008 the economy as you know they were right above where they are ...

Sights, which is down, but we dont have refineries in the united states. the president tried to take increase for the oil and gas reduction. its inspite of the government. its because technology and venture capitalists and entrepreneurs have been out there drilling for the past ten years and figuring out how to access shell gas and shell oil. so i think theres absolutely every reason to say this presidents policies have failed. >> before we turned downward in 2008 the economy as you know they we...

Because of the federal investments, renewable energy use has nearly doubled and thousands of americans have jobs because of it. when brian ritterby was laid off from his job making furniture, he worried at 55, no one would give him a second chance. but he found work at a wind turbine manufacturer in michigan. before the recession the factory only made luxury yachts. today its hiring workers like bryan who said im proud to be working in the industry of the future. our experience with shell gas, o...

The worlds leading manufacturer of high tech batteries. because of the federal investments, renewable energy use has nearly doubled and thousands of americans have jobs because of it. when brian ritterby was laid off from his job making furniture, he worried at 55, no one would give him a second chance. but he found work at a wind turbine manufacturer in michigan. before the recession the factory only made luxury yachts. today its hiring workers like bryan who said im proud to be working in the ...

Food prices higher. he talks about natural gas and tocks rise . he talks about drilling more domestically. that is a huge statement from the president. >> it is a great statement, steve, so often you hear the talk but dont see the walk. >> we have seen this on the state of the union address when he made reaganesque at the same times. they were forgotten in terms of energy permits are slow and epa going to war against the gas drilling for shell gas . nice rhetoric but lets see the reality. >> we ...

And boston, $3.21. the price is on the upswing as violence is spreading in libya. a member of opec, oil speculation is ramp ant with new threats of supply disruption there. libya produces nearly 1.7 million barrels of crude oil a day. take that much oil off the global market, and analysts say pump prices could skyrocket. >> youre looking at a government who -- or a country that has the largest oil reserves in the continent of africa, a major exporter to subsaharan africa as well as major countri...