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House Committee Investigates Hydraulic Fracturing
March 10, 2010
A House panel is looking into whether natural gas producers have injected toxic chemicals like benzene, toluene and xylene underground. The concern is that the toxic chemicals could taint public drinking water during the hydraulic fracturing oil drilling process, also known as fracking, that extracts natural gas from underground. The process injects huge amounts of water, sand and chemicals to crack the shale and release oil and natural gas. Hydraulic Fracturing Concerns Environmentalists and the House have concerns about underground leaking ...
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2010 Louisiana Oil and Gas Industry Annual Meeting
March 10, 2010
On March 22 - 24, Louisiana oil and gas industry professionals will gather at the 2010 Annual Meeting of the Louisiana Oil and Gas Association (LOGA) in Lake Ch...
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Natural Gas Companies Keep Drilling Despite Dropping Prices
March 6, 2010
The oil gas industry forges ahead with drilling without letting lower prices intervene. 12 more rigs went up in the U.S. and currently drill for natural gas bri...
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Banks See Largest Decline in Lending since 1942
March 5, 2010
U.S. banks are experiencing highs, but not good ones. Not only did U.S. banks see a massive decline in lending -- an all-time high in 67 years, but also in the...
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North Dakota's Bakken Formation Success Story
February 26, 2010
Bakken formation has been on the oilfield industry's radar since the 1950s, but oilfield production companies had no economical way to access the oil buried in...
