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Eagle Ford Shale boom bigger than predicted

from Fuel Fix

The Eagle Ford Shale is booming bigger than experts had predicted even last year, producing almost three times the barrels of oil and number of new wells expected. But an overly aggressive federal government could, through environmental regulations, threaten development of the Eagle Ford Shale and thus endanger South Texas' oil boom, U.S. Sen. John Cornyn, R-Texas, said. The Eagle Ford Shale has the potential to help lead the nation toward energy independence, Cornyn said, but "the biggest threat to our energy renaissance is, perhaps, the well-intended but misguided policies out of Washington, D.C." more


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