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Great article...Thanks!
$5 per barrel is profitable? achievable? Even the Saudis can't get its EASY oil out of the ground for that price.
Manhattan Inst VRWC stink tank?
Great article...Thanks!
Baker Hughes seeks to remedy possible water contamination in county
“Tests conducted in July 2015 indicate that groundwater in the area south of I-20 may contain dichloroethene, trichloroethene and tetrachloroethene,” read a letter that was distributed to residents last week.
“Concentrations are low, in the parts per billion range, but above drinking water standards defined by the U.S. Environmental Protection Agency.”
http://www.mrt.com/news/top_stories/...0edfe7a5a.html
just a little poison, no worries, mate!
It's good for ya and for your fetuses, kids
So much for the "it won't get into the drinking water" schtick.
It will, because of sheer negligence or ignorance. Not sure I am willing to trade temporary hydrocarbons for permanent damage to well water.
the fracking bust in full force. Who said the Saudi strategy wasn't working?
Sabine sixth U.S. producer to seek bankruptcy protection this year
Sabine Oil & Gas Corp. is seeking Chapter 11 bankruptcy protection, making it the sixth and the largest U.S. oil producer yet to file for bankruptcy because of cheap oil prices.
Court papers filed in New York on Wednesday show the Houston company had $2.48 billion in assets and $2.91 billion at the end of May, the second largest U.S. bankruptcy this year, according to data compiled by Bloomberg. It’s a mid-sized oil and gas company, and had $550 million more in debt than the second-biggest producer to file for bankruptcy this year, Fort Worth-based Quicksilver Resources.
Sabine’s finance chief blamed its high debt and low oil and natural gas prices and volatility across energy markets for the company’s situation, saying it could have otherwise fixed its balance sheet by selling assets – if not for cheap oil and gas devaluing its properties.
Besides Sabine and Quicksilver, the other four U.S. producers to file for bankruptcy protection are Saratoga Resources, BPZ Resources, Dune Energy and American Eagle Energy Corp.
http://fuelfix.com/blog/2015/07/15/s...es/#31510101=0
What Johns Hopkins Study Reveals About Premature Births Near Fracking Wells
A new study published recently by the Johns Hopkins University Bloomberg School of Public Health has linked an increase in premature births to a mother’s proximity to active, fracked natural gas wells. There is, however, no explanation for why pregnant women had worse outcomes near the most active wells.
The authors studied the records of 9,384 mothers who gave birth to 10,946 babies between January 2009 and January 2013. They compared that data with information about wells drilled for fracking and looked at how close they were to the homes of the pregnant mothers, as well as what stage of drilling the wells were in, how deep the wells were dug and how much gas was being produced at the wells during the mothers’pregnancies. Using this information, they developed an index of how active each of the wells were and how close they were to the women.
Pregnant women living in the most active quartile of drilling and production activity experienced a 40% increase in the likelihood of giving birth before 37 weeks of gestation (considered preterm) and a 30% increase in the chance that an obstetrician had labeled the pregnancy “high-risk,” a designation that can include factors such as elevated blood pressure or excessive weight gain during pregnancy. When looking at all the pregnancies in the study, 11% of babies were born preterm, with the majority (79%) born between 32 and 36 weeks.
http://247wallst.com/healthcare-econ...F7+Wall+St.%29
Fracking: Putting Our National Parks at Risk
Oil and gas companies already have the rights to frack on some 30 million acres of public land in the U.S., but they want more.
In fact, they’re targeting more than 200 million additional acres of public lands for fracking, much of it in national forests, state parks and the areas surrounding national parks.
1. Glacier National Park
2. White River National Forest
3. George Washington National Forest
4. Sproul State Forest
5. Arapaho National Forest
6. Theodore Roosevelt National Park
http://ecowatch.com/2015/10/08/national-parks-fracking/
Fracking could be giving you massive balls, tiny sperm count
A new study published in the journal Endocrinology found prenatal exposure to fracking chemicals shows potential long-term reproductive effects in mice, including the development of giant testes with low sperm counts.
The Huffington Post reports:
Scientists tested 24 fracking chemicals — including benzene, toluene and bisphenol A — and found that 23 of them could mimic and mess with the natural signaling of estrogens, androgens and other human hormones, including functions critical for the healthy development of sex organs and future fertility. Researchers found that male mice exposed in the womb to minute levels of the mixture developed enlarged testes and decreased sperm counts later in life.
The concentrations represent potentially realistic levels of human exposure via drinking water, according to Susan Nagel, an author of the study and an expert in reproductive and environmental health at the University of Missouri.
“Bottom line, hormones work at very low concentrations naturally,” Nagel told The Huffington Post. “It does not take a huge amount of a chemical to disrupt the endocrine system.”
In news that will surprise approximately no one, the fracking industry disputed these claims.
http://grist.org/climate-energy/frac..._campaign=feed
ok, mice, not men, but damaged sperm has caused offspring damage that has persisted over more then the immediate offspring, iow, permanent genetic damage across generations.
With Abandoned Gas Wells, States (taxpayers) Are Left With The Cleanup Bill
When energy booms go bust, the public is often left responsible for the cleanup. That's because while most states and the federal government make companies put up at least some money in advance to pay for any mess they leave behind, it's often not enough.
After the methane industry collapse, there were almost 4,000 wells in Wyoming that the company responsible walked away from. Now, the state has to pay the price.
Driving around the Powder River Basin in northeast Wyoming with Jeff Campbell and Jeff Gillum, both of whom work for the Wyoming Oil and Gas Conservation Commission, is like playing an extended game of "Where's Waldo?"
Gillum and Campbell are in charge of making sure the abandoned wells get cleaned up and plugged. But first, Gillum says, they have to find them as they did recently near the town of Gillette.
"Finding Waldo is easier!" Gillum says.
That's because Gillette, like many other U.S. cities from Los Angeles to Denver, grew up around the wells. They're in people's front yards and at the end of the driving range at the golf course. They're everywhere.
Workers begin the plugging process with bentonite, a kind of super absorbent clay that gets poured down the well to seal it. Once the bottom of the well is filled with bentonite, a cement crew comes in and then, a pipe cutting crew.
Campbell says it takes 20 workers total and many hours from start to finish. "It's a lot more work than a lot of people realize," he says.
And it also takes a lot of money. Coal-bed methane wells in Wyoming are relatively shallow, so they generally cost under $10,000 to plug apiece. But there are so many orphaned wells, it could cost up to $30 million over the next decade to clean them all up.
i
Bentonite must be poured into abandoned coal-bed methane wells to seal off gas-producing formations. But that's only the first step of many.
That's no small expense. But there's a potentially bigger one on the horizon: all the deep oil and gas wells that were recently drilled.
"They're that much deeper, the pad sizes are much bigger, so the costs to properly plug and reclaim these deep oil wells are going to be much, much more expensive,"
says Jill Morrison, organizer with the Powder River Basin Resource Council.
http://www.npr.org/2015/10/19/449976...e-cleanup-bill
BigCarbon, there's so many ways you us all over for profit.
End of the road for oil exports on highway bill
A bid by oil export advocates to tether the trade issue to a federal highway bill has hit a dead end.
Oil producers and their allies in Congress had hoped to use the highway bill as a vehicle for unrelated provisions lifting the 40-year-old ban on U.S. crude exports.
But the House Rules Committee opted not to make any oil export amendments in order during the chamber’s upcoming debate on that highway measure this week. Dozens of amendments were blessed by the committee, which will allow them to be considered for possible inclusion in the highway bill, but neither of two submitted oil export proposals made the cut.
The decision deals a blow to oil producers for which crude exports is a top priority. Current law allows exports of refined petroleum products, such as gasoline and diesel, but generally blocks raw, unprocessed U.S. crude from being sold to foreign buyers.
Business groups and conservative organizations had lobbied House Republicans to authorize broad oil exports as part of the highway bill.
http://fuelfix.com/blog/2015/11/04/e...-highway-bill/
Pennsylvania's Attorney General Sues Gas Driller Over 'Deceptive' Leases
Pennsylvania's attorney general sued one of the nation's largest producers of natural gas on Wednesday over claims it cheated at least 4,000 landowners who signed drilling leases with the company.
Oklahoma City-based Chesapeake Energy Corp. tricked landowners into signing industry-friendly leases in the early years of the Marcellus Shale drilling boom and then improperly deducted post-production expenses from their royalty checks, according to the lawsuit filed in Bradford County.
Chesapeake, the nation's No. 2 gas producer, engaged in a "bait and switch scheme" with landowners, said the lawsuit, which seeks tens of millions of dollars in res ution as well as civil penalties.
http://talkingpointsmemo.com/news/pe...+%28TPMNews%29
Are all BigOil people total, thieving, lying assholes?
uhhhh...Boo...it's perfectly legal to export oil. You live under a ing rock? Or Momma's single wide doesn't get cable?
that was an article from Nov 15, my little butthurt gun fellator.
uhhhh...Boo...it's perfectly legal to export oil. You live under a ing rock?
And your point in posting it was ?????
Pointless like the rest of his spam takes.
Fracking will return boots. The ME countries are overproducing to pay for wars, especially Iraq.
The oil in the US will not suddenly disappear.
if its cheaper to buy now from them goat ers, why is america still fracking its own reserves when it doesnt need to used its own reserves?...should be stocking up supplies
Toxins found in fracking fluids and wastewater
In an analysis of more than 1,000 chemicals in fluids used in and created by hydraulic fracturing (fracking), Yale School of Public Health researchers found that many of the substances have been linked to reproductive and developmental health problems, and the majority had undetermined toxicity due to insufficient information.
Further exposure and epidemiological studies are urgently needed to evaluate potential threats to human health from chemicals found in fracking fluids and wastewater created by fracking,
The research team evaluated available data on 1,021 chemicals used in fracking, a process that recovers oil and natural gas from deep within the ground by using a mixture of hydraulic-fracturing fluids that can contain hundreds of chemicals. The process creates significant amounts of wastewater and fractures the bedrock, posing a potential threat to both surface water and underground aquifers that supply drinking water,
While they lacked definitive information on the toxicity of the majority of the chemicals, the team members analyzed 240 substances and concluded that 157 of them—chemicals such as arsenic, benzene, cadmium, lead, formaldehyde, chlorine, and mercury—were associated with either developmental or reproductive toxicity. Of these, 67 chemicals were of particular concern because they had an existing federal health-based standard or guideline, said the scientists, adding that data on whether levels of chemicals exceeded the guidelines were too limited to assess
Some previous studies have observed associations between proximity to hydraulic fracturing sites and reproductive and developmental problems, but they did not investigate specific chemicals. This latest evaluation could inform the design of future studies by highlighting which chemicals could have the highest probability of health impact,
The researchers determined that wastewater produced by fracking may be even more toxic than the fracking fluids themselves
http://phys.org/news/2016-01-toxins-...astewater.html
War Criminal head Cheney and BigOil knew exactly what they were doing when they exempted fracking from the Clean Water Act.
EPA Scientists Call Foul on Fracking Study, Say Findings ‘Inconsistent With Data Presented’
The U.S. Environmental Protection Agency’s (EPA) advisors are calling foul on the agency’s highly controversial study that determined hydraulic fracturing, or fracking, has not led to “widespread, systemic impacts on drinking water resources in the U.S.”
This specific conclusion is being called into question by members of the EPA Science Advisory Board, which reviews the agency’s major studies, Bloomberg reported.
The EPA’s conclusion requires clarification, David Dzombak, a Carnegie Mellon University environmental engineering professor who is leading the review, told Bloomberg. A panel headed by Dzombak will release its initial recommendations later this month.
“Major findings are ambiguous or are inconsistent with the observations/data presented in the body of the report,” the 31 scientists on the panel said in December 2015.
Possible changes to the report could spell trouble for the oil and gas industry that recently celebrated the ending of a 40-year-old crude oil export ban in December 2015. According to Bloomberg, “a repudiation of the results could reignite the debate over the need for more regulation.”
http://ecowatch.com/2016/01/08/epa-c...1ea70-85879165
Shocker: Govt. Scientists Admit They Deceived the Public About Fracking's Impact on Drinking Water
There will be heavy pressure to revise the EPA’s conclusion — and the oil and gas industry will have major egg on its face.
it turns out that the EPA’s own science advisers have repudiated the study’s major conclusion, saying that it is “inconsistent with the observations, data and levels of uncertainty.”
“Major findings are ambiguous or are inconsistent with the observations/data presented in the body of the report,” the 31-member scientific review board said on Thursday.
The panel will have a public teleconference on Feb. 1 before sending its final recommendations to EPA.
The conclusion of the draft report had already drawn su ion of political tampering. Adding to this is the fact that EPA left out high-profile cases in Pennsylvania, Texas and Wyoming “where hydraulic fracturing activities are perceived by many members of the public to have caused significant local impacts to drinking water sources.”
The EPA draft report also found that failed wells and aboveground spills may have affected drinking water resources. It found evidence of more than 36,000 spills from 2006 to 2012. According to Bloomberg:
“Spill data alone “gives sufficient pause to reconsider the statement” that there’s no evidence of systemic, widespread damage, said panelist Bruce Honeyman, professor emeritus at the Colorado School of Mines.
“It’s important to characterize and discuss the frequency and severity of outliers that have occurred,” said panelist Katherine Bennett Ensor, chairwoman of the Rice University Department of Statistics.
And panel member James Bruckner, a professor of pharmacology and toxicology at the University of Georgia, said the report glosses over the limited data and studies available to the agency.
“I do not think that the do ent’s authors have gone far enough to emphasize how preliminary these key conclusions are and how limited the factual bases are for their judgments,” Bruckner said.
Young, the University of California professor who suggested rewriting the top-line conclusion, faulted the do ent for trying “to draw a global and permanent conclusion about the safety or impacts of hydraulic fracturing at the national level” given the “uncertainties and data limitations described in the report.””
In light of these criticisms, there will be heavy pressure to revise the EPA’s conclusion in the final report, and the oil and gas industry will have major egg on its face.
http://www.alternet.org/environment/...er1048859&t=20
http://www.alternet.org/environment/shocker-govt-scientists-admit-they-deceived-public-about-frackings-impact-drinking-water?akid=13876.187590.Va2icj&rd=1&src=newsletter 1048859&t=20
EPA corrupted by BigOil, just like USDA and their 5-year dietary bull are corrupted by BigFood/BigAg
I heard a 55-gal steel drum cost more than the oil in it.
e in earthquakes rattles Oklahoma oil & gas industry
Over the past six years, earthquakes in Oklahoma have skyrocketed – from less than a handful of 3.0 quakes before 2009 to well over 900 last year. The likely culprit: salty wastewater that bubbles up during oil and gas drilling. The rash of quakes has led to tough questions for the energy industry that provides one in five jobs in the state and comprises nearly a third of Oklahoma’s economy. NewsHour's Stephen Fee reports.
Over the past six years, earthquakes in Oklahoma have skyrocketed – from less than a handful of 3.0 quakes before 2009 to well over 900 last year.
The likely culprit: salty wastewater that bubbles up during oil and gas drilling. The rash of quakes has led to tough questions for the energy industry that provides one in five jobs in the state and comprises nearly a third of Oklahoma’s economy. NewsHour's Stephen Fee reports.
http://www.pbs.org/newshour/bb/ e-in-earthquakes-rattles-oklahoma-oil-gas-industry/
===============
Dallas-Fort Worth quake risk more than tripled since 2008, USGS says
http://www.dallasnews.com/news/local...-usgs-says.ece
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