Posted April 08, 2019 15:10:00Gas production in the United States has boomed.
The boom has come at a time when the U.S. has been grappling with the effects of climate change.
Some scientists say that the U:s.
is currently in a “peak oil” stage of carbon emissions, and that it’s a natural transition.
Others say that this is a dangerous shift that will lead to more methane leakage from underground wells, as well as a growing climate change problem.
In an attempt to understand what’s driving this boom, we sat down with Dr. Thomas R. Romm, a geologist at the University of Colorado Boulder.
Dr. ROM, who is also a researcher at the National Oceanic and Atmospheric Administration, is an expert on the U-turn.
He and I met for a Q&A about the methane-causing boom, and why we’ve been having to deal in the face of these developments.
Let’s start with the basics: What is fracking?
Fracking is a drilling technique that uses water and sand to fracture rock to release oil and natural gas.
How does it work?
Frackers apply pressure to the ground and force the water and rock to break up.
The water and rocks are then injected underground, where they break apart into oil and gas.
What does this mean for climate change?
Well, fracking is one of the most efficient ways to extract energy.
The more water that’s released, the more energy it releases.
So, in effect, we’re basically pumping water from underground to the surface.
And it’s not just oil and other natural gas that you’re extracting.
It’s also natural gas like methane, which is very potent greenhouse gas.
The amount of methane that is being released is increasing.
That’s because of the fracking process.
And the amount of natural gas being extracted is increasing because of more drilling.
What does the term peak oil mean?
A peak oil price is defined as the price that an oil company can make at which it can profit from selling its assets at a higher price.
The peak price that’s being driven by the fracking and oil and oil extraction industries is $300 per barrel.
What’s driving the increase in the price?
Well one of them is that we’re not producing as much natural gas as we used to.
We’re not extracting as much gas as people thought we would, because we’re drilling less and not extracting more gas.
And that’s what’s driven up prices.
So now we’re having to pay for it by selling assets.
So that means we’re paying a lot more for those assets, and it’s driving up the price of natural-gas assets.
What are some of the other factors that contribute to the surge in the oil price?
The U.s. energy boom is just one factor, but it’s certainly a factor.
We have more drilling rigs and more hydraulic fracturing.
We’ve been able to get more of that gas in, so that’s a big factor.
And there’s also fracking in other places, like shale, which has been a big contributor to that surge.
And then of course, there’s the increased price of oil.
So it’s all driving up prices and pushing up the prices of natural products.
What is the biggest concern for scientists who are concerned about climate change and the consequences of the increase?
There are many.
We are seeing the effects already, and they are very serious.
And they are accelerating as we get deeper into the oil-and-gas boom.
We can see this in the rise of earthquakes and the rise in methane leakage, both in the U,S., and in other parts of the world.
We’re also seeing that methane is the key greenhouse gas that’s going to play a big role in climate change, and we’re seeing the consequences that that’s putting on the atmosphere.
So, how can we avoid these kinds of changes in the future?
Well I think one of my major concerns about the natural gas boom is that it could have a big impact on climate change in the long term.
And it’s one of those situations that has a very long time horizon, and if we don’t do something about it now, we are going to be facing a big problem down the road.
So I think that we need to have a lot of action now, as opposed to waiting for it to be too late.