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Keyword: fracking

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  • North Dakota Drills Its Way Out Of Property Taxes

    06/12/2012 5:32:30 PM PDT · by raptor22 · 31 replies
    IBD Editorials ^ | June 12, 2012
    Energy Boom: One state has found a solution to job and economic growth so successful it may eliminate one of the most onerous of taxes. It turns out that, yes, we can drill our way out of our problems. On Tuesday in North Dakota, a state flush with revenues from oil produced from the Bakken Shale formation it sits astride, voters were deciding whether theirs will become the first and only state not to have a property tax. If it passes (polls didn't close until after our press time), it ll be the first time a state has eliminated a...
  • No impact to water from Marcellus shale fracking

    06/06/2012 4:42:06 PM PDT · by Rebelbase · 9 replies
    Penn Energy ^ | 5/29/12 | Chesapeake Energy
    The Environmental Protection Agency (EPA) is currently conducting a national study to determine if hydraulic fracturing has any impact on drinking water sources. As part of a larger study, the EPA is conducting five focused retrospective studies in separate areas across the country including Bradford County, Pennsylvania. Samples were taken in Bradford County during the study’s first round of sampling in October and November 2011. In a collaborative effort, Chesapeake Energy Corporation consultants collected split samples with the EPA from 15 individual drinking water sources for analysis by accredited laboratories. Chesapeake then commissioned WESTON Solutions, Inc. to critically evaluate the...
  • The Future of Natural Gas - An Interview with Raymond Learsy

    06/04/2012 10:09:14 AM PDT · by bananaman22 · 6 replies
    oilprice.com ^ | 05/31/2012 | Daniel Graeber
    Massive natural gas discoveries along with new extraction techniques have led many to claim nat gas as the fuel of the future – which could ensure U.S. energy independence, reduce geopolitical risks, and help meet U.S. electricity demands for the next 575 years. Yet why have we seen so many negative publications and reports? Does natural gas really have a place in our future and is it the golden chalice we have been led to believe? To help us investigate these issues and others we were fortunate enough to have a chat with the well known author and energy trader...
  • Analysis: Shale energy boom dangles prospect of leap in economic growth (Fracking works!)

    05/30/2012 3:26:31 PM PDT · by Libloather · 15 replies
    Yahoo ^ | 5/24/12 | Jason Lange
    Analysis: Shale energy boom dangles prospect of leap in economic growthBy Jason Lange | Reuters – Thu, May 24, 2012 WASHINGTON (Reuters) - America's reliance on fuel imports has sucked vigor from its economy for decades. Now an oil and natural gas boom holds out the prospect for a new era of stronger U.S. economic growth. Vast reserves of natural gas and oil unlocked from underground shale deposits have slashed the price of U.S. natural gas to a fraction of costs in Europe and Asia, making it some of the cheapest energy in the world. That is cutting production costs...
  • Shale boom at risk over environmental issues - IEA

    05/30/2012 7:22:12 AM PDT · by thackney · 27 replies
    Dow Jones via Hydrocarbon Processing ^ | 05.29.2012 | JAMES HERRON
    Global exploitation of shale gas reserves could transform the world's energy supply by lowering prices, improving security and even curbing forecast carbon dioxide emissions, but the industry might be stopped in its tracks if it doesn't work harder to resolve concerns over its environmental safety, the International Energy Agency (IEA) said Tuesday. The IEA's report shows how the shale gas industry, which has already dramatically altered the energy landscape in the US, stands at a tipping point that will determine how it spreads across the rest of the world. "If the social and environmental impacts aren't addressed properly, there is...
  • Fraking's a political hot potato for Cuomo

    05/20/2012 4:10:55 PM PDT · by Impala64ssa · 15 replies
    Times Herald-Record Middletown, NY ^ | 5/20/12 | Steve Israel
    ALBANY — While the protesters who packed the stone stairwell of the state Capitol chanted "Ban Fracking Now," the political types in suits down the hall spoke of a different reality. Those protesters at Tuesday's anti-fracking rally in Albany carried signs saying "Governor Cuomo In 2014 We'll Remember" — a warning to Andrew Cuomo they won't vote for him if he doesn't ban the natural-gas extraction technique of hydraulic fracturing, or fracking. The buzz among the men and women outside the state Senate chamber said Cuomo's presumed political aspirations are the exact reason why there's so much pressure on him...
  • Vermont first state to ban fracking

    05/17/2012 9:48:37 AM PDT · by FreedomPoster · 63 replies
    CNN ^ | updated 10:41 AM EDT, Thu May 17, 2012 | CNN Wire Staff
    (CNN) -- Vermont's governor has signed a bill making it the first U.S. state to ban fracking, the controversial practice to extract natural gas from the ground. "This is a big deal," Gov. Peter Shumlin said Wednesday. "This bill will ensure that we do not inject chemicals into groundwater in a desperate pursuit for energy."
  • Vt. becomes 1st state to ban hydraulic fracturing

    05/17/2012 5:01:58 AM PDT · by thackney · 44 replies
    Fuel Fix ^ | May 17, 2012 | Associated Press
    Gov. Peter Shumlin on Wednesday signed into law the nation’s first ban on a hotly debated natural gas drilling technique that involves blasting chemical-laced water deep into the ground. The Democrat, surrounded at a Statehouse ceremony by environmentalists and Twinfield Union School students who pushed for the ban, said the law may help Vermont set an example for other states. The ban may be largely symbolic, though, because there is believed to be little to no natural gas or oil beneath the surface in Vermont. The gas drilling technique, called hydraulic fracturing, or fracking, involves the high-pressure injection of water...
  • Sick From Fracking? Doctors, Patients Seek Answers

    05/16/2012 3:05:20 AM PDT · by Ultra Sonic 007 · 96 replies
    NPR ^ | 05/15/2012 | Rob Stein
    Kay Allen had just started work, and everything seemed quiet at the Cornerstone Care community health clinic in Burgettstown, Pa. But things didn't stay quiet for long. "All the girls, they were yelling at me in the back, 'You gotta come out here quick. You gotta come out here quick,' " said Allen, 59, a nurse from Weirton, W.Va. Allen rushed out front and knew right away what all the yelling was about. The whole place reeked — like someone had spilled a giant bottle of nail polish remover. "I told everybody to get outside and get fresh air. So...
  • Texas Shale 'Gusher' Shows Why Fracking Is Important

    05/08/2012 4:48:27 PM PDT · by Kaslin · 11 replies
    IBD Editorials ^ | May 8, 2012
    Energy: Cutting our reliance on oil from unstable regions is a good idea if not a necessity. But that crude won't be replaced by algae or biofuel. To be more independent, we need to go to the well one more time — back to Texas. The Lone Star State is not a favorite of the environmentalists and their political-media allies. But it has long been a rich source of oil that drives our economy. While other states — particularly North Dakota and Alaska — have become more newsworthy for their oil production, Texas wells aren't yet dry. The Eagle Ford...
  • Wastewater Jitters in New York

    05/05/2012 12:03:00 AM PDT · by neverdem · 12 replies
    NY Times ^ | May 4, 2012 | MIREYA NAVARRO
    As I report in Friday’s Times, disposing of the waste produced by natural gas drilling will become a larger and more contentious issue if New York State gives the go-ahead to horizontal hydraulic fracturing, which uses millions of gallons of fluids per well to release gas from the Marcellus Shale. New York already deals with waste from about 6,800 active vertical and horizontal gas wells upstate. Although these wells require just a fraction of the water that would be needed for fracking in the Marcellus, they still produce waste that needs to go somewhere. Officials with the New York Department...
  • Obama tightens fracking rules (on federal and American Indian lands)

    05/04/2012 9:37:34 AM PDT · by NormsRevenge · 9 replies
    Yahoo ^ | 5/4/12 | Steve Hargreaves | CNNMoney.com
    The Obama administration tightened rules on hydraulic fracturing Friday, requiring the disclosure of chemicals used in the process when done on federal and American Indian lands. The new rules will also require additional testing of oil and gas well construction and require the industry to have a management plan for the water used in the process. "This proposed rule will strengthen the requirements for hydraulic fracturing performed on federal and Indian lands in order to build public confidence and protect the health of American communities, while ensuring continued access to the important resources that make up our energy economy," the...
  • Politics muddy debate over hydraulic fracturing risks

    05/04/2012 9:08:37 AM PDT · by CedarDave · 2 replies
    Drilling Contractor ^ | May 4, 2011 | Diane Langley
    Besides exploring for and producing energy resources, the energy industry is tasked with debunking myths and clarifying techniques used in hydraulic fracturing. ... According to proponents of hydraulic fracturing, the facts surrounding chemical use are clear – water and sand comprise the majority of the mixture used. The remaining components used to deliver the water down the wellbore and position the sand in fractures created in the formation – while they can probably be found in the kitchen cupboard – are proprietary ingredients. ~~snip~~“This is really a debate on a much larger scale; it has a bearing on the future...
  • US to issue sweeping fracking rules on federal land

    05/04/2012 8:51:57 AM PDT · by CedarDave · 11 replies
    My Fox NY ^ | May 4, 2012 | The Wall Street Journal
    The Obama administration will soon issue sweeping new environmental safety rules for hydraulic fracturing on federal land, setting a new standard that natural gas wells on all lands eventually could follow. The rules, which are likely to be unveiled by the Interior Department within days, are designed to address concerns that the method of extracting natural gas known as "fracking" can contaminate groundwater. Among other things, they create new guidelines for constructing wells and treating waste water, according to a draft of the proposed rules reviewed by The Wall Street Journal. ~~snip~~The fracking rules apply to natural gas drilling on...
  • New Study Predicts Frack Fluids Can Migrate To Aquifers Within Years

    05/02/2012 6:30:45 AM PDT · by Erik Latranyi · 43 replies
    OPB News ^ | 1 May 2012 | Abrahm Lustgarten
    A new study has raised fresh concerns about the safety of gas drilling in the Marcellus Shale, concluding that fracking chemicals injected into the ground could migrate toward drinking water supplies far more quickly than experts have previously predicted. More than 5,000 wells were drilled in the Marcellus between mid-2009 and mid-2010, according to the study, which was published in the journal Ground Water two weeks ago. Operators inject up to 4 million gallons of fluid, under more than 10,000 pounds of pressure, to drill and frack each well. Scientists have theorized that impermeable layers of rock would keep the...
  • Debunking fracking myths(hydraulic fracturing for oil & natural gas)

    04/28/2012 4:47:17 AM PDT · by Las Vegas Dave · 7 replies
    eetweb.com ^ | Apr 09, 2012 | Robert W. Chase
    Fracking, a slang term for hydraulic fracturing, is a mining procedure that fractures rocks by injecting fluids and sand into cracks to force them apart, making it easier to extract oil and natural gas. Some say it can pollute drinking water and farm lands and even lead to earthquakes. But Robert W. Chase, professor and chairman of the Dept. of Petroleum Engineering and Geology at Marietta College (Ohio), believes otherwise. In fact, he took the time to shed some light on recent myths about fracking that have sprung up. Myth No. 1: Fracking could contaminate aquifers that supply drinking water....
  • EPA clears way for more fracking profits

    04/24/2012 8:46:01 PM PDT · by Ernest_at_the_Beach · 12 replies
    Marketwatch ^ | April 24, 2012, 4:11 a.m. EDT | Kirk Spano
    Last week, tucked into the headlines was a story describing how the Environmental Protection Agency decided to give oil and gas companies until 2015 to fully comply with so-called "green completions" for their hydraulic fracturing operations. In the near term, this move removes the risk for companies engaged in "fracking" of having the EPA slow their high growth via the rapid implementation of new rules. For exploration and production companies, such as Bakken acreage leader Continental Resources /quotes/zigman/465953/quotes/nls/clr CLR -0.13%   and diversified independent oil and gas producer Apache Corporation /quotes/zigman/218137/quotes/nls/apa APA +0.33% , the slow phase-in of cleaner fracking...
  • Report Finds that Fracking Causes Earthquakes, but doesn’t Recommend a Ban

    04/24/2012 10:50:26 AM PDT · by bananaman22 · 18 replies
    oilprice.com ^ | 04/20/2012 | John Daly
    The process of hydraulic fracturing is a mining technique which uses injected fluid to propagate fractures in a rock layer to release hydrocarbon deposits that would otherwise be uncommercial. Developed in the U.S. and first used in 1947 for stimulating of oil and natural gas wells, the use of “fracking” soared in the past decade as thousands of wells have been drilled into the Marcellus Formation, also referred to as the Marcellus Shale, a deposit of marine sedimentary rock found in eastern North America. While initial environmental protests of the technique centered around its possibility of polluting underground water aquifers...
  • EDITORIAL: More fracking red tape

    04/23/2012 5:56:58 PM PDT · by jazusamo · 11 replies
    Washington Times ^ | April 23, 2012 | Editorial
    New EPA rules place a green thumb on energy scalesNewton’s law says for every action, there is an equal and opposite reaction. Obama’s law says for every innovation, there is an equal and opposite regulation. Despite President Obama’s assurance he is doing everything he can to solve the nation’s energy woes, his minions are busily grinding out fresh regulations to ensure only unaffordable power options have a chance at success. The Environmental Protection Agency (EPA) on Wednesday finalized 588 pages of new restrictions on the production of natural gas and oil that take primary aim at hydraulic fracturing, or “fracking,”...
  • New Brunswick town plagued for weeks by ‘earthquake swarm’ — and no one knows why

    04/18/2012 4:36:14 AM PDT · by winoneforthegipper · 48 replies
    National Post ^ | 04/17/12 | staff
    Springtime in McAdam, a tiny village in southwestern New Brunswick not far from the Maine border, is like springtime in most other parts of Canada. Locals chatter about the NHL playoffs, the garden they are planting, the grass that needs to be cut, the fish they can’t wait to catch and the cottage they can’t wait to get to, once the warm weather really settles in. Lately, however, an interloper has elbowed its way into the community’s daily dialogue. Pushing aside the playoffs. Pushing its way to the very top of the talking points. “Everybody is talking about the earthquakes,”...