Extraction of oil and gas from unconventional resources, recently enabled by technological innovations, revolutionized national and global markets. However, exploration and production still proceeds under legacy regulations, mostly promulgated at the state level. The mismatch of modern...

Controversies surrounding the practice of hydraulic fracturing, or “fracking,” have engaged the nation in a heated and broad ranging conversation about energy development and environmental protection in America. The debate over who should regulate fracking — the federal government or the...

While a great deal of public attention addresses the Halliburton loophole of the Energy Policy Act of 2005 and Bureau of Land Management efforts to regulate hydraulic fracturing on public lands, less attention has been paid to the National Park Service “9B Regulations,” which provide a...

This article describes in a nut shell, the changing attitude of Oil and Gas companies towards innovative drilling technologies in the down turn, some of the important innovations in drilling technologies and its relevance to upstream oil and gas, the pace of adoption of innovative drilling...

Introduction -- The dark before the dawn -- An oil and gas renaissance -- Economic impact -- The demand side of the ledger -- Regional and sectoral effects -- Environmental costs and benefits -- Trade policy considerations -- Conclusions