Moran Iron Works awarded $500,000 Maritime Shipyard Grant
"We are proud to carry on the tradition of shipbuilding here in America," said Moran Iron Works Founder and CEO Tom Moran.
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"We are proud to carry on the tradition of shipbuilding here in America," said Moran Iron Works Founder and CEO Tom Moran.
Than 1% of the water use in texas, in certain counties, according to a university of texas study, fracking uses up 50% of the water supply. but before we go any further, just what is fracking? i'm going to leave that explanation to "all in's" chris hayes, who not only explained the process, but had some cool animation made for his documentary, "the power of politics," which aired last night on msnbc. >> the process begins by drilling down thousands of feet into the tough shale layer. the drill line goes vertical and then horizontal through the rock, sometimes as far as a mile. then, under high...
Roof, consumers feel that at the pump in the united states. and they demand action. that draws us in to conflicts around the world. >> yet in the last few years, we have begun to wean ourselves off foreign oil. since 2005, oil imports are down from 60% to less than 45% of total consumption. part of the reason, a technological breakthrough that makes it possible to extract vast amounts of oil from shell rock, right in our own backyard. >> up until recently, it was judged intapable. it was impossible to get oil out of this rock. a few people had a vision, if we can get it out, we'll find a way, ...
And sends oil prices through the roof, consumers feel that at the pump in the united states. and day demand action. that draws us in to conflicts around the world. >> yet in the last few years, we have begun to wean ourselves off foreign oil. since 2005, oil imports are down from 60% to less than 45% of total consumption. part of the reason, a technological breakthrough that makes it possible to extract vast amounts of oil from shell rock, right in our own backyard. >> up until recently, it was judged intapable. it was impossible to get oil out of this rock. a few people had a vision, if we ca...
The drill line goes vertical, and then horizontal through the rock. sometimes as far as a mile. then under high-pressure water, chemicals and sand are pumped into the line forcing fractures in the rock, releasing the oil which is then pumped to the surface. it's genius technology is termed hydraulic fracturing or more commonly fracking and has led to a modern day oil rush. but there's something else locked up in the shale, natural gas. and natural gas is only half as much co 2coal, so it's a cleaner fossil fuel. in over a decade, u.s. production of shale gas has increased 12 times. meanwhile, ...