More on the benefits of shale gas as touted
by fracking companies being overstated: According to new independent analysis, published in The Oil Drum, of extent of the US» shale gas reserves and the economics of extracting those finds that «industry
Not exact matches
The study was funded
by EnCana, the drilling
company whose wells the EPA had initially blamed for the contamination.Though the role of
fracking remains contested, the advising scientists recommend that the EPA should qualify its conclusions about the risks posed
by acknowledging gaps in the existing data and concerning cases like Pavillion.
But for several years,
companies in southern Louisiana, where his business is located, have suffered along with the oil industry, which is affected
by changes in global oil supplies and technologies like
fracking.
Some states require oil and gas
companies to disclose the chemicals and the amount of water they use in
fracking operations on FracFocus.org, a website formed
by industry and intergovernmental groups in 2011, but the statistics are not complete.
Other factors — including the financial crisis and business lost to the
fracking boom — put the
company into crisis mode
by 2011.
As of August 2011, oil and gas
companies still said there had never been a documented case of drinking water contaminated
by fracking.
Companies including Anadarko Petroleum Corp, ConocoPhillips and Occidental Petroleum Corp have saved millions on drilling and fracking wells in Texas, Colorado and North Dakota since the oil price slide started by demanding that oilfield service companies slash prices by 20 percent to 30 percent
Companies including Anadarko Petroleum Corp, ConocoPhillips and Occidental Petroleum Corp have saved millions on drilling and
fracking wells in Texas, Colorado and North Dakota since the oil price slide started
by demanding that oilfield service
companies slash prices by 20 percent to 30 percent
companies slash prices
by 20 percent to 30 percent or more.
For example, US Silica CEO Bryan Shinn said during his
company's most recent conference call that management expects demand for
frack sand to decline
by just 15 % to 20 % in 2015 assuming U.S. rig counts fall
by 30 % -35 %.
«And John Faso took money from fossil fuel
companies as they tried to take your land
by eminent domain for a
fracked gas pipeline.»
New York landowners blocked from cashing in on the natural gas boom
by the state's just - announced
fracking ban may fight back in court, but experts say energy
companies are unlikely to spend their money and time on lawsuits when they've already lost their investments.
There have been reports for some time now that the Cuomo Administration would soon begin to allow limited hydraulic fracturing
by gas drilling
companies in some Southern Tier in communities where most of the residents want
fracking.
And a the local government in Lancashire, England in late June rejected a
fracking application
by a gas
company.
Nixon wore a T shirt that advocates closing a Hudson Valley power plant that runs on
fracked gas, operated
by the
company Competitive Power Ventures.
What's more, the source said, Cuomo has turned down offers to tour ongoing
fracking operations just across the New York border in Pennsylvania and, in at least one case, «insulted» a major energy -
company president
by not even responding to a formal letter requesting a meeting on the gas - drilling issue with the governor.
Nixon wore a t - shirt that advocates closing a Hudson Valley power plant that runs on
fracked gas, operated
by the
company Competitive Power Ventures.
Ten
companies or trade groups that lobbied on
fracking and other issues of concern to the natural gas industry spent $ 4.5 million lobbying in Albany over the last three years, according to an analysis prepared
by the New York Public Interest Research Group.
The report, published this week
by the Environmental Integrity Project, found that between 2010 and July 2014 at least 351 wells were
fracked by 33 different
companies using diesel fuels without a permit.
The
company claims its technology can produce steam at a cost of $ 3 per million BTUs, based on U.S. National Renewable Laboratory calculations; natural gas currently costs some $ 4 per million BTUs, though that price may continue to fall as natural gas freed up
by fracking floods the market.
The very worst impact from an exploratory «
frack» would be the discovery of vast reserves of methane, which profit - hungry petroleum
companies, aided and abetted
by power - hungry politicians, would fall over themselves to bring to the surface and burn.
For the new study, his team combined 23 hormone - disrupting chemicals known to have been used
by oil and gas
companies for
fracking.
Promised Land Film Review
by Kam Williams Gas
Company Downplays Downside of
Fracking in Timely Eco-Drama In 2011, a disturbing documentary called Gasland was nominated for an Academy Award in the Best Documentary category.
It is why natural - gas extraction — the controversial practice known as
fracking — has been virtually free of environmental regulation since 2005, and why government - owned car
companies get to use taxpayer money to lobby against stricter fuel - economy standards proposed
by the government.
Earlier this week, Climate Progress posted an interesting essay, «Climate Change is
Fracking Society,» written
by Auden Schendler, who is vice president of sustainability at the Aspen Skiing
Company and the author of «Getting Green Done: Hard Truths from the Front Lines of the Sustainability Revolution.»
In fact, since the paper was purchased
by oil and gas tycoon Philip Anschutz, whose
company sued a town that banned
fracking, the paper has dismissed the links between
fracking and groundwater contamination and written two previous editorials attacking the connection between
fracking - related activities and seismic activity.
Companies owned
by Duke, Southern and Dominion are partners in the 550 - mile ACP, which will carry
fracked gas from West Virginia through Virginia to the North Carolina coast.
As an example, consider how the big
companies were bystanders and taken
by surprise in the North American
fracking revolution.
A ProPublica investigation into oil and gas money received
by members of the Natural Gas caucus found that they received 19 times more money on average than members of Congress who signed a letter in support of a proposal to require
fracking companies to disclose the chemicals they use when drilling on public lands.
Instead of wildcatting in costly, unproven non-conventional fossil fuel technologies such as
fracking and tar sands that add greenhouse gas to the atmosphere, the
company could show foresight and leadership
by investing in clean, renewable energy such as wind, solar and geothermal.»
EOG Resources is one of the top
companies in the
fracking industry, and thanks to the new tax bill passed
by Republicans and President Donald Trump at the end of last year, EOG had an exceptionally strong year compared to 2016.
Well, they just passed a law here in Texas stating that shale oil
companies will be required
by law to disclose the ingredients in their «
fracking» fluids.
Barclays is withdrawing its investments from
fracking company Third Energy, according to a response
by Chairman John McFarlane to a 70,000 - strong petition against
fracking that was presented to him at the
company's AGM in May.
At an annual meeting, nearly a third of Exxon Mobil shareholders back a proposal requiring greater transparency
by the
company on the risks of hydraulic fracturing, or
fracking.
As 350 DC member Rachel Goldstein writes in Feministing, we're part of a coalition of other incredible local groups, including the Rising Hearts Coalition and Potomac Riverkeeper Network, fighting the
fracked - gas Potomac Pipeline — a project proposed
by TransCanada, the
company behind Keystone XL.
Peabody Energy, the world's largest private coal
company, has filed for bankruptcy (although coal's problems are due mostly to
fracking for natural gas, which
by some measures is as bad as coal).
The Colorado bill was based on a model bill from the American Legislative Exchange Council (ALEC), a corporate - funded group dedicated to passing legislation approved
by ALEC's corporate funders, including
fracking companies like Chesapeake Energy.
Chevron and other giant energy
companies are demanding a TTIP investment chapter that will allow them to sue governments if environmental or other regulations interfere with their expected future profits
by, for example, restricting oil and gas drilling, imposing pollution and oil spill controls or constraining the use of hydraulic
fracking techniques to extract natural gas and oil from shale formations.
Fracking companies can hide which chemicals they use in the fracking process by calling them «trade secrets
Fracking companies can hide which chemicals they use in the
fracking process by calling them «trade secrets
fracking process
by calling them «trade secrets».
Just when newly disclosed documents obtained
by the New York Times reveal the financial shaky ground on which
fracking companies base their claims, a group on Congressmen are urging President Obama to further embrace natural
The topic is increasingly in the spotlight as the land grab for gas leases —
by drilling
companies seeking to tap shale deposits via high - volume, hydraulic fracturing combined with horizontal drilling (
fracking)-- continues through New York State and the nation.
Another project proposed
by Heartland for 2012, The Hydraulic Fracturing Project (p. 18 - 19, «2012 Fundraising Plan») would «raise funds from businesses with a financial interest in
fracking»
by «approach [ing] dozens of
companies and trade associations that are actively seeking allies in this battle.»