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Moves by Jeb Bush add to talk of 2016 candidacy

WASHINGTON — Jeb Bush's decision to release a policy-laden e-book and all his emails from his time as governor of Florida has further stoked expectations among his allies that he will launch a presidential bid.

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Ebby Halliday acquires Fort Worth’s Williams Trew

Williams Trew Real Estate of Fort Worth has been acquired by Dallas-based residential real estate brokerage Ebby Halliday Real Estate Inc.

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Taking the Cake: Sundance had pursued Cheesecake Factory for many years

The Cheesecake Factory had been on the white board over at Sundance Square management for some time

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Fort Worth businessman to lead Abbott, Patrick inauguration efforts

Fort Worth businessman Ardon Moore will chair the committee running inauguration festivities for Gov.-elect Greg Abbott and Lt. Gov.-elect Dan Patrick in January, it was announced on Friday.   Moore, president of Lee M. Bass Inc. in Fort Worth, is a vice chairman of the University of Texas Investment

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Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

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Kyoto University to test new shale gas extraction method

The Yomiuri Shimbun.
TOKYO — A Kyoto University research team developed a new basic technology to extract shale gas trapped deep underground by injecting carbon dioxide into shale bedrock instead of water, The Yomiuri Shimbun has learned.

The research team said it plans to start a large-scale substantiative experiment to verify the technology in autumn, aiming for practical use of the technology within several years.

In addition to securing shale gas, a new energy resource, the newly developed technology is also expected to help combat global warming as it will confine CO2 underground.

A common method to extract shale gas is to frack hard shale bedrock by injecting pressurized water into shale formations. The more finely cracked the bedrock is, the more shale gas can be obtained. However, making ideal cracks in shale formations by injecting water is difficult because the liquid has a high viscosity.

According to the research team led by Kyoto University Professor Tsuyoshi Ishida and Assistant Professor Chen Youqing, CO2 becomes a "supercritical" fluid if it is heated to 31.1 C or more and subjected to pressure of at least 73 atmospheres. A supercritical fluid is very smooth and has properties midway between a liquid and gas.

The research team confirmed that supercritical CO2 injected into shale bedrock fractured the bedrock and created finer cracks more widely in comparison to the use of pressurized water.

Last autumn, Japan Oil, Gas and Metals National Corporation, an auxiliary organization of the Economy, Trade and Industry Ministry, designated the development of this technology as a research project.

In October, the university research team will start conducting a substantiative experiment to fracture granite, the hardness of which is similar to that of shale, in a hot spring area in Toyama Prefecture.

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