The reports of fracking’s demise are greatly exaggerated

I have some friends who run a companies or have investments in exploration for oil and gas. They remain optimistic that Saudi and Russian efforts to dampen fracking enthusiasm are not working.

Maybe the greens killed XL and are doing a pretty job of killing domestic coal, but the fracking boom ain’t dead.

I hope to see the NY fracking ban reversed.

The panics about earthquakes and contamination of water supplies are juiced up by the enviros–now debunked by the big EPA study and, in the case of quakes, the panic will disappear–no way fracking at 10,000 feet is going to shake or destabilized the mantle of the earth. Imagine the mass/weight/forces involved in such a proposition.

I live in a military air operations area and occasionally an exuberant Air Force or Navy pilot will create an impressive sonic boom–sometimes a double boom–now that’s some air fracking and shakes the area. The damping effect of the mantle of the earth and the methods used prevents earth booms. Now if explosives of a serious magnitude were used–that might make a tremor of significance, but fracking methods and depths are not going to produce serious earthquakes.

http://www.americanthinker.com/articles/2015/06/fracking_you_aint_seen_nothin_yet.html

Advertisements

3 responses to “The reports of fracking’s demise are greatly exaggerated

  1. The issue for fracking right now is the price of natural gas and oil. Fracking a well cost about $1,000,000. At least that’s what I’ve been told by a friend that works for a fracking company. With the price oil and gas at there current levels it’s not economical to drill/frack a new well or re-frack an existing well.

  2. To quote ‘Deep Throat’, “Follow the Money.” You’ve got to ask who stands to gain the most (or lose the least) if efforts to stop fracking are successful. The answer (it should be obvious to most, but is still cryptic to many) is those who are currently making a bundle in gas/oil production *without* fracking, but who are not in a position to capitalize on fracking themselves.

  3. I see that the EPA has come out with the results of a study of Fracking and ground water contamination. They conclude that there is no “Wide Spread” contamination. What does that mean? Does “Wide Spread” mean that if you do not live near the fracking sites you will not have contamination? Some areas of the country are looking at what water shortage and water waste has done to their water supply. Not pretty. Can’t get along with out it.

    Those of you that live in city areas and have filtered water probably don’t care. Those of us in the rural areas use wells for drinking, cooking, bathing, watering livestock,and watering crops.

    As there is no problem of contamination then there should be no problem to require the frackers to have insurance that would allow them the do the following if contamination should occur:

    1 – Test the water prior to starting.
    2 – Test the water every month after starting.
    3 – If there is any contamination and as there is no way for them to clean the ground water they will:
    A – Stop fracking at this site.
    B – Build a water treatment plant to clean the water.
    C – Install a distribution system to supply clean water to those that are affected, at no charge.
    D – If they contaminate an existing water system that uses ground water, they will supply all required filtering.

    It shouldn’t cost that much as there is only “Wide Spread” contamination. We would all have clean water. If there is a problem, the cost to correct it will be the responsibility of those that created it, not the users that had nothing to do with making the problem.

    They should also be required to clean the waste fluids that they pump back into the ground. A while back they wanted to haul it from Texas and pump it up here in Ohio. They were going to give the Ohio DNR $400,000 for the permit. As I understand it, you can’t even get a MSDS sheet for this stuff as it is secret. Scary.

    How sure are you?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s