fraccing
sastyk | February 28, 2013It is pretty simple - if oil resources are finite, how do you gauge the value of different oil uses? Ultimately, a use of oil should meet one of two simple criteria:
1. Does it reduce long term oil usage, as required by the reality of finite-ness?
2. Does it do something that nothing but oil can do?
Robert Rapier takes President Obama's reference to using oil to get off oil and expands on it in a recent column, getting right to the point with a potentially viable compromise:
So I propose a compromise where we open up some of the more promising areas to exploration, and then earmark some or…
sastyk | February 6, 2012Kurt Cobb has a great article at Resource Insights about why I think the best case against fraccing in my area isn't the water, it is the boom and bust cycle - with a predominance of bust. The last thing rural PA or upstate NY need is another short term boom and bust cycle that leaves them with a lot of played out gas heads and environmental consequences. Or worse, just a plain old bust.
But, in its early release of the Annual Energy Outlook for 2012, the U.S. Energy Information Administration (EIA) cut its estimate of technically recoverable resources of U.S. shale gas from 827 tcf to 482…
sastyk | July 20, 2011Apparently Talisman Energy is taking the case for fraccing to kids in an adorable coloring book. As World Oil News reports:
Following Talisman Terry, children are simplistically introduced to the complex issues of unconventional drilling, pipeline
construction and land reclamation. Presented in before, during and after drilling images, the gas drilling process is introduced as
a gentle engagement with a natural environment. Post-drilling, a fountain-like rainbow appears in the distance and an eagle
soars over an innocuous-looking wellhead.
Of course it does! And the well goes on producing…