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Nazi's!!!
that's a good thing, hopefully that will force the US to invest more in nuclear and renewable energies
Nazi's!!!
https://www.vice.com/en/article/dyvm...ny-earthquakes
theres a lot of old posts in this thread dismissing the fracking - quake connection, environmentalists were and are right and it should have been obvious that pressurizing and sucking out the ground beneath you would destabilize the ground but here we are a decade later
I thought the earthquakes were caused by global warming, or, from extracting oil, black gold, Texas tea from the earth...tee, hee.
Fracking never turned a profit, but the externalities are ongoing. The Texas Railroad Commission is protecting the polluters and ting on the people adversely affected.
https://www.newswest9.com/article/ne...0-7f2867909f15
Living near or downwind of unconventional oil and gas development linked with increased risk of early death
https://www.hsph.harvard.edu/news/pr...of-early-death
Johns Hopkins study links fracking to premature births, high-risk pregnancies
Researchers look at nearly 11,000 births in north, central Pennsylvania
https://hub.jhu.edu/2015/10/12/fracking-pregnancy-risks/#:~:text=Johns%20Hopkins%20researchers%20found%20t hat,study%20were%20born%20pre%2Dterm.
Kids Born Near Fracking Sites 2-3 Times More Likely to Develop Leukemia: Study
Exposure to fracking and its effects is "a major public health concern,"
https://www.commondreams.org/news/20...leukemia-study
BigFossil Capitalistic profits override any concern for humans.
https://www.texastribune.org/2022/12...ter-recycling/“We’re just planning to deplete it. It’s not like we’re conserving it. We’re just making the crash landing slow and somewhat tolerable,” said Jeff Bennett, a hydrogeologist in the West Texas town of Alpine who worked for 15 years for the National Park Service nearby.
Planners called it “managed depletion” — the intentional use of the resource to its end.
Such a fate awaits the Ogallala Aquifer, the nation’s largest underground body of water, which swoops into West Texas from the north, and for which the Texas Water Development Board calls “managed depletion” its “management strategy
It's as criminal as Monanto or Dupont.
Ohio is a political hole
https://www.cleveland.com/open/2023/...-know-how.htmlThe letter from Briella Keep to her state government was simple – Ohio should for the first time allow “responsible” oil and gas exploration under state parks like Salt Fork.
But there was one problem. Briella Keep was 9 years old on July 5, the day the letter was sent to the Oil and Gas Land Management Commission (OGLMC), and there’s no way she could have written it, according to her mother, Brittany Keep.
Brittany Keep has no clue how her phone number, her daughter’s email address, or their home address, wound up on a letter touting “opportunities for economic development and the creation of family-sustaining jobs” in Ohio.
“This is not OK,” Brittany Keep said. “She definitely did not submit that draft.”
one analyst thinks US fracking is already in decline and that more drilling can't reverse it
The Depletion ParadoxOur models point to a sobering conclusion: even with substantially higher prices and an abundance of undrilled locations, production is set to continue its decline. We call this phenomenon the “depletion paradox.” It is a familiar story, and history provides a clear precedent.
Consider the case of conventional U.S. crude production in the 1970s. Production peaked in November 1970 at 10 million barrels per day, with oil priced at just $3.18 per barrel. At that time, the industry operated a modest 302 rigs drilling for oil. The first OPEC oil crisis in 1973 sparked a response from President Nixon in the form of Project Independence—a sweeping initiative aimed at reversing the decline in U.S. output through deregulation and expedited permitting. Much like today, optimism abounded among oil producers, who believed that higher prices would unleash a drilling boom and restore U.S. production growth. They were confident they knew where to drill; all they needed was the right price signal.
Prices soared from $3.18 per barrel in 1973 to $34 per barrel by 1981. Producers, true to their promises, responded with vigor. The rig count climbed from 993 in 1973 to a staggering 4,500 by late 1981. Yet despite this unprecedented surge in drilling activity, U.S. oil production steadily declined throughout the 1970s. By the end of 1981, production had fallen to 8.5 million barrels per day—far below the peak achieved a decade earlier and lower than when Nixon announced his ambitious goals.
Three decades later, in 2010, U.S. oil production hit a nadir of 5 million barrels per day, even as prices hovered around $100 per barrel—30 times higher than in 1973. The depletion paradox had firmly taken hold. The industry’s assumption—that higher prices alone could counteract geological realities—proved tragically flawed. Today, as we observe the shale sector grappling with similar dynamics, it seems history may once again be repeating itself.
We believe the U.S. shale sector now stands at a crossroads eerily similar to that faced by conventional oil production in 1973. While shale’s achievements have been extraordinary, they remain subject to the inexorable forces of depletion.
Is fracking bad again or do we have to wait until the 20th?
not sure what you're referring to, do you have any take on the topic or the posts?
barring new discoveries, the productivity of the US oil patch seems to be in decline
drill baby drill is maybe just a meaningless slogan
https://oilprice.com/Energy/Crude-Oi...-Rhetoric.html
- US shale producers are focused on capital discipline and shareholder returns, limiting the impact of Trump's pro-oil policies.
- Increased Permian rig activity is unlikely to significantly boost oil production due to inventory depletion and efficiency concerns.
- The US is already on track to meet Bessent's 3-3-3 hydrocarbon production target without policy changes, driven by NGLs and gas.
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