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.