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The Barnett Shale Energy Education Council (BSEEC) is a community resource that provides information to the public about gas drilling and production in the Barnett Shale region in North Texas.

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Facts

Thanks to fracking, U.S. oil deficit is at a 17-year low

While the U.S. is a net exporter of petroleum products, it is still a net importer of crude oil, resulting in a petroleum trade deficit, the gap between the value of petroleum imports and exports.  That gap fell to its lowest value in April, the lowest trade deficit since 1999, at seasonally adjusted $3.13 billion in April, according to the Census Bureau and reported by Bloomberg.

Three factors are responsible for the declining petroleum trade deficit.  First, the shale energy revolution resulting from fracking combined with horizontal drilling doubled U.S. production of crude oil, catapulting it to being one of the top three crude oil producers in the world.  Second, Congress approved a bill sponsored by Texas Congressman Joe Barton that lifted the 40-year old ban on crude exports, pushing up exports of crude oil and petroleum to $7.19 billion in April.  Third, cheap American crude oil and natural gas helped U.S. refiners ramp up exports of gasoline and other refined products, cutting into the petroleum deficit and turning the U.S into the world’s biggest exporter of crude oil and petroleum products.

Thanks to the shrinking petroleum trade deficit as a result of fracking, the U.S. trade deficit declined to $531.5 billion in 2015 from the record $762 billion trade deficit in 2006.  A lower deficit means overall exports are gaining on imports. That's good for the energy industry and all U.S. businesses that will create more U.S. jobs.

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An Open Letter to Mayor Mike Rawlings and Members of the Dallas City Council

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June 14, 2016

An Open Letter to Mayor Mike Rawlings and Members of the Dallas City Council

We represent the Texas Independent Producers & Royalty Owners Association (TIPRO), the Texas Alliance of Energy Producers (The Alliance), the Texas Oil & Gas Association, and the Barnett Shale Energy Education Council. Our organizations include large and small members of the Texas oil and natural gas industry, as well as large and small mineral estates and trusts. We also serve as resources about oil and natural gas development in the Barnett Shale region of North Texas and all across the state.

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Facts

Dallas Ozone Resolution Based on Dubious Anti-Drilling Assumptions

Dallas Ozone Resolution Based on Dubious Anti-Drilling Assumptions

 On June 15 the Dallas City Council will consider a resolution that recommends major changes to the yet to be finalized Texas State Implementation Plan (SIP) for reducing ozone, specifically the non-compliance region that includes 10 counties in the Dallas-Fort Worth area. Unfortunately, the City is being used as a pawn by environmental groups whose primary goal is not to promote clean air, but to encourage more federal control and reject state authority.

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Facts

Thanks to fracking, U.S. shale gas production to more than double by 2040

The Energy Information Administration projects that shale natural gas and oil tight oil production will more than double by 2040.  In the recently released “Reference Case,” the  Annual Energy Outlook 2016, projects that production from shale gas and tight oil plays will grow from about 14 trillion cubic feet (Tcf) in 2015 to 29 Tcf in 2040. Shale wells would then make up 69% of the 2040 total dry natural gas production compared to 51% currently. 

Demand for natural gas is expected to push natural gas prices up with natural gas spot prices at the Henry Hub rise to about $5 per million British thermal units (MMBtu) through the mid-2020s from an average of $2.62/MMBtu in 2015, then remain near or below $5/MMBtu (in 2015 dollars) through 2040.  Demand will be driven by a shift away from coal in the industrial and utility sectors plus increases in exports of LNG (liquefied natural gas).

Improvements in fracking technology will help production keep pace with demand (both domestic consumption and exports), resulting in relatively stable natural gas prices throughout the projection period, according to the EIA report.

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Facts

An Energy Revolution: 35 Years of Fracking in the Barnett Shale

The United States is in the midst of an energy revolution. Once considered to have dwindling energy resources and a dangerous reliance on foreign imports, the United States now has the distinction of being the largest combined oil and natural gas producing country in the world. Few experts saw this transformation coming, and it was made possible by the use of hydraulic fracturing (fracking) and horizontal drilling, which allowed oil and natural gas to be unlocked from tight rock (shale) formations. This revolution first began in North Texas 35 years ago, with the Barnett Shale being the birthplace of modern-day fracking. This report examines the history of the Barnett Shale, the role it has played in changing global energy dynamics, and the economic benefits it continues to provide to the Dallas-Fort Worth region.

Read the entire report here.

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Facts

Local Report Blaming Fracking for Water Contamination is Baseless

A recent report from WFAA attempted to blame a water problem in a southern Wise County subdivision on Barnett Shale natural gas wells without any evidence whatsoever.   The reporter, Brett Shipp, interviewed residents of Chisholm Springs who complained of a rotten egg smell and skin rashes.

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Facts

Arlington's Gas Drilling Revenue Helping Fund Texas Rangers' New Sports Complex

The Arlington, Texas City Council announced that they will tap into its large stockpile of gas drilling revenue to help the Texas Rangers develop land next to their stadium.  The $200 million project could get $50 million in city money plus another $50 million in tax incentives, according to The Dallas Morning News. The development will include a sports complex, a hotel and other structures.

 

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Facts

New study concludes fracking does not contaminate drinking water

Researchers from Yale University have concluded that hydraulic fracturing, or fracking, doesn’t contaminate drinking water.  “[There is] no evidence of association with deeper brines or long-range migration of these compounds to the shallow aquifers” The study was published in the prestigious "Proceedings of the National Academy of Science of the United States of America," October 27, 2015 (abstract is here). The largest of its kind, the study sampled 64 private water wells near fracking sites to determine if they could be contaminated by fracking fluids.
“[The chemicals] are likely not a threat to human health,” said Brian Drollette, the study’s first author who is a chemical and environmental engineering graduate student.

The Yale researchers found essentially no contamination in well water, and the amounts they did detect were hundreds or thousands of times smaller than can be detected by commercial labs.



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Facts

New EPA Rules Threaten the Texas Fracking Boom

The American economic system has made the United States the world leader in abundant and low-cost energy, thanks in no small part to contributions from Texas. But new rules from the U.S. Environmental Protection Agency pose a direct threat to our oil and natural gas revolution. Even worse, they are largely a Washington-designed solution still searching for a problem.

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Facts

Industrial natural gas use to continue to grow quickly, EIA says

New plants coming online are set to drive industrial natural gas growth forward by more than three percent in the next two years, the U.S. Energy Information Administration said in an analysis Wednesday.

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