Energy & Mining International - Spring 2013 - (Page 10)

+ D R I L L I N G D O W N | DEPARTMENT AND FEATURES Spring 2013 Dreaming of Energy Independence RI NG DO LLI W N D Chris Faulkner examines the juxtaposition of this American dream scenario and the nightmare that the regulations operators must navigate to make independence a reality. BY CHRIS FAULKNER W e’re living in exciting times. In the space of a decade, the United States has gone from dried-up conventional wells to an oil and gas boom that produced record numbers in 2012. Not only is the United States expected to outstrip those again in 2013, it is actually on track to overtake Saudi Arabia’s production by 2020. 10 A lot of Americans are pinching themselves, but it’s not just a dream. According to the International Energy Agency, the United States is on track to be producing more oil than Saudi Arabia by 2020. By 2030, the United States will become a net oil exporter. It’s not just a dream, but this future is not guaranteed, though it certainly does look bright. If we’re talking about fracking technology and ever-evolving tech- niques for extracting oil and gas, we’re on track, no question. Where things start to get iffy is where technical ability and public policy meet. While America's energy prospects have never been brighter, regulators have never been more vehement in their push for restrictive controls on development. At the heart of most regulations currently creating a stranglehold on American oil and gas producers’ ability to tap

Table of Contents for the Digital Edition of Energy & Mining International - Spring 2013

Energy & Mining International - Spring 2013
Washington, D.C.
Independent Exploration
Drilling Down
Pipeline Infrastructure
Marine Oil Terminals
Eagle Ford Shale
Monterey Shale
Marcellus Shale
Bakken Shale
Monitoring Fracking
Compliance Abroad
Public/Private Sales
Qv21 Technologies
PVR Partners LP
Lake Truck Lines
Aurcana/Rio Grande Mining Co. – Shafter Mine
Ruder Ware
Legacy Steel Buildings
Mineral Park Mine/Mercator Minerals Ltd.
Hearn Trucking LLC
John Fithian Contracting Co.
Chemex LLC
Global Diving & Salvage Inc.
Gold Spur Trucking
TAM International Inc.
Industrial Minerals Focus
The Mouat Company
Hi-Crush Partners
Mill Creek Sand and Gravel/Peaskie Minerals
Del Sol Industrial Services Inc.
Market & Johnson
Fortress Proppants
Canada Focus
Strategic Oil & Gas
Copper Fox Metals
Standard Machine
Gold Reach Resources
Treasury Metals Inc.
Canadian Zinc
Havlik Gear
The Final Shot

Energy & Mining International - Spring 2013