Page 9 of 12 FirstFirst ... 7891011 ... LastLast
Results 81 to 90 of 113

Thread: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

  1. #81
    Tavern Bartender
    Constitutionalist
    American's Avatar
    Join Date
    Mar 2006
    Location
    Virginia
    Last Seen
    Yesterday @ 06:42 PM
    Gender
    Lean
    Conservative
    Posts
    76,306

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by head of joaquin View Post
    Obama's steady balanced approach leads to good result again.

    Note that fracking was developed by the Energy Department, with decades of pubic investment. If conservatives had their debt fetish antigummit ways, it would never have been developed.

    Fracking Developed With Decades Of Government Investment
    Show us some proof of that.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  2. #82
    Don't Give a Rat's Ass
    SMTA's Avatar
    Join Date
    Sep 2012
    Location
    OH
    Last Seen
    Yesterday @ 11:57 PM
    Gender
    Lean
    Independent
    Posts
    21,862

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by head of joaquin View Post
    Obama's steady balanced approach leads to good result again.

    Note that fracking was developed by the Energy Department, with decades of pubic investment. If conservatives had their debt fetish antigummit ways, it would never have been developed.

    Fracking Developed With Decades Of Government Investment
    "Decades Of Government Investment", eh?

    Kinda leaves Obama out, doesn't it?
    Greatness lies not in being strong, but in the right use of strength - Henry Ward Beecher
    Baby sister, I was born game and I intend to go out that way - Rooster Cogburn

  3. #83
    Sage
    OpportunityCost's Avatar
    Join Date
    Jan 2011
    Last Seen
    Yesterday @ 11:13 PM
    Gender
    Lean
    Conservative
    Posts
    16,761

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    From HoJ's source:

    The work wasn't all industry or all government, but both.
    Since this is coming from HuffPo, Im guessing you can place the sliding percentages as you see fit.

    Another notable quote from the article:
    More recently, the natural gas and petroleum industries altogether accounted for about $2.8 billion in federal energy subsidies in the 2010 fiscal year and about $14.7 billion went to renewable energies, the Department of Energy found. The figures include both direct expenditures and tax credits.

    Congress passed a huge tax break in 1980 specifically to encourage unconventional natural gas drilling, noted Alex Trembath, a researcher at the Breakthrough Institute, a California nonprofit that supports new ways of thinking about energy and the environment. Trembath said that the Department of Energy invested about $137 million in gas research over three decades, and that the federal tax credit for drillers amounted to $10 billion between 1980 and 2002.
    Its worth noting that the renewable budget of subsidies is a 5 times larger than the one for oil and gas. I liked the part in the article about repurposing sub hunter tech for 3D readings of the earth near the drilling area: cool stuff.

    My question is pretty simple really though: why would the government spend so much money developing something if its so unsafe? Or is it?

  4. #84
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Yesterday @ 04:35 PM
    Gender
    Lean
    Centrist
    Posts
    29,090

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Cool.. granted there will be more earthquakes and your water supply will be toxic and flammable and you wont be able to breath because we wont have switched away from oil... but we will have oil!
    PeteEU

  5. #85
    Sage
    OpportunityCost's Avatar
    Join Date
    Jan 2011
    Last Seen
    Yesterday @ 11:13 PM
    Gender
    Lean
    Conservative
    Posts
    16,761

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by PeteEU View Post
    Cool.. granted there will be more earthquakes and your water supply will be toxic and flammable and you wont be able to breath because we wont have switched away from oil... but we will have oil!
    Eco alarmist bull****. If you cant begin to prove what you say, maybe you should start with what you can prove.

  6. #86
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 10:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by OpportunityCost View Post
    Eco alarmist bull****. If you cant begin to prove what you say, maybe you should start with what you can prove.
    I'm not an eco alarmist by any stretch of the imagination, but it doesn't take a rocket scientist to figure out that if you pump a bunch of deadly chemical filled water into the ground, and leave half of it there, eventually that's gonna bite you in the butt. The underground fairy is working overtime, but she can't magically make it all disappear.

  7. #87
    Sage
    PeteEU's Avatar
    Join Date
    Mar 2006
    Location
    Denmark
    Last Seen
    Yesterday @ 04:35 PM
    Gender
    Lean
    Centrist
    Posts
    29,090

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by OpportunityCost View Post
    Eco alarmist bull****. If you cant begin to prove what you say, maybe you should start with what you can prove.
    LOL try googling it and avoid Fox News. European countries are thinking of banning fracking.. well not the UK, because of the risks to the ground water. Not to mention fracking in the UK has caused minor earthquakes in areas there should be no earthquakes..

    Not my fault you believe right wing and industry hype over scientific fact. Hell on youtube there are many videos from the US, where tap water is flammable.
    PeteEU

  8. #88
    Guru
    ChuckBerry's Avatar
    Join Date
    Sep 2011
    Location
    Lafayette, Louisiana
    Last Seen
    10-28-13 @ 01:24 PM
    Gender
    Lean
    Conservative
    Posts
    3,491

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Natural biological processes can break down toxic chemicals into harmless byproducts given enough time. It would depend upon what the chemicals are and how long it would take them to migrate into groundwater supplies. If the chemicals being used cannot be broken down by nature in sufficient time before intrusion into groundwater, then certainly all the chemicals need to be recovered, or never be pumped in to the ground in the first place.

    As for earthquakes, I acknowledge that fracking causes earthquakes. But where on the Richter scale are these earthquakes measuring?
    After a little research, most seem to fall below 3.0, with a few being recorded as higher. What does that mean?

    Richter magnitude scale - Wikipedia, the free encyclopedia

    As you can see, it's barely perceptible. Larger scale earthquakes can cause damage, but they have to occur in populated areas where buildings can be found. It's also hard to know whether larger scale earthquakes can be attributed to fracking, or just part of the normal seismic activity of an area.

    It's obvious fracking is having an environmental impact, and I think oil companies should tread as lightly as possible and take strict environmental and safety precautions to ensure as little negative impact on the local areas as possible. And I also don't think they need to stop altogether.
    The morality of abortion is not a religious belief, any more than the morality of slavery, apartheid, rape, larceny, murder or arson is a religious belief. These are norms of the natural law of mankind and can be legislated even in a completely religionless society.

  9. #89
    Sage
    clownboy's Avatar
    Join Date
    May 2012
    Location
    Oregon
    Last Seen
    08-17-16 @ 10:31 PM
    Gender
    Lean
    Other
    Posts
    26,087

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by ChuckBerry View Post
    Natural biological processes can break down toxic chemicals into harmless byproducts given enough time. It would depend upon what the chemicals are and how long it would take them to migrate into groundwater supplies. If the chemicals being used cannot be broken down by nature in sufficient time before intrusion into groundwater, then certainly all the chemicals need to be recovered, or never be pumped in to the ground in the first place.
    There's [part of] the rub. The fracking fluids are patented and held highly secret. At one time a congressional panel tried to compel one of the manufacturers to reveal, and after some doing they did get a list. However, a good part of that list is still not public information. And that was just one flavor of fracking fluid.

    They pump million of gallons of water mixed with these fluids into the ground and estimates I've seen are that up to 70% of it is left in the ground.

    We do know this, get those fracking fluids anywhere near a well or an aquifer and the people using that water can light their taps with a match and the water itself becomes a toxic nightmare. That's documented and filmed.

  10. #90
    Sage
    j-mac's Avatar
    Join Date
    Mar 2009
    Location
    South Carolina
    Last Seen
    Yesterday @ 12:51 PM
    Gender
    Lean
    Conservative
    Posts
    30,274

    Re: Shale Boom to Turn U.S. Into World's Largest Oil Producer, Watchdog Says

    Quote Originally Posted by clownboy View Post
    There's [part of] the rub. The fracking fluids are patented and held highly secret. At one time a congressional panel tried to compel one of the manufacturers to reveal, and after some doing they did get a list. However, a good part of that list is still not public information. And that was just one flavor of fracking fluid.

    They pump million of gallons of water mixed with these fluids into the ground and estimates I've seen are that up to 70% of it is left in the ground.

    We do know this, get those fracking fluids anywhere near a well or an aquifer and the people using that water can light their taps with a match and the water itself becomes a toxic nightmare. That's documented and filmed.

    Uh huh......

    Myth No. 1: Fracking could contaminate aquifers that supply drinking water. Hydraulic fracturing has been done for decades and on more than 1 million wells in the U.S. since the late 1940s. Combining fracking with horizontal drilling lets drillers extract oil and gas from geologic areas that were practically inaccessible in the past.

    Some mistakenly say the practice can pollute water tables which lie just a few hundred feet or less below the surface. Fracking is done well below 7,000 feet, and solid rock separates the oil and gas deposits from shallow groundwater aquifers. This rock buffer makes contamination from fracking virtually impossible.

    In addition, wells are built with at least four layers of steel casing and concrete and are cemented in place, creating a solid divider between gas production and any fresh-water aquifers. Energy Secretary Steven Chu recently asserted: “We believe it’s possible to extract shale gas in a way that protects the water, that protects people’s health. We can do this safely.”

    Myth No. 2: A huge amount of water is used in fracking. Extracting natural gas from shale formations with fracking uses less water than that needed to produce other sources of energy such as coal and nuclear. In 2010, the 3,500 shale-gas wells drilled in the U.S. accounted for about 0.02% of the country’s total water usage. Companies drilling in major shale formations are quickly adopting recycling methods that treat 70 to 100% of the returned fracking fluids for reuse in another well.

    Myth No. 3: Fracking can make tap water flammable. There are places where methane appears to have leaked into the water supply making it flammable. But the consensus among state environmental officials is that this problem was not caused by fracking. Instead, these officials blame water wells drilled in areas with high natural levels of methane. Also, some small oil and gas companies over the years didn’t take proper care in cementing their wells or in plugging old wells.

    Today companies use better well casings and improved cementing to ensure no shallow formations (aquifers) are contaminated. Concurrently, state agencies have established regulations regarding well construction and water management designed to prevent methane migration and protect water supplies.

    Myth No. 4: Fracking can cause earthquakes. Federal officials and geologists have confirmed that fracking itself — as distinct from wastewater disposal — is not responsible for recent tremors felt in Ohio and several other states where fracking takes place. William Leith, senior science adviser for earthquake and geologic hazards at the U.S. Geological Survey, told National Public Radio recently: “Fracking itself probably does not put enough energy into the ground to trigger an earthquake. That’s really not something that we should be concerned about.”

    Oil and gas waste water disposal wells, on the other hand, do have a history of causing tremors, most recently in Youngstown, Ohio. However, by reducing the volume of water injected, the depth of wastewater injection wells, and avoiding earthquake-prone areas, the risk of inducing tremors, however small, can be reduced.

    Myth No. 5: The public cannot afford to rely on state regulation of fracking. Just about all of the states, including Ohio, insist that fracking and getting rid of wastewater be done properly. In the decades since fracking was first used in Oklahoma in the 1940s, there have been more than a million oil and gas wells drilled across the country. The instances of water contamination have been miniscule compared to the number of wells drilled. And not one of those contaminated wells was caused by fracking. Much of the credit for this safety record goes to rigorous state regulation.

    “States are stepping up and doing a good job,” says federal EPA Administrator Lisa Jackson.

    On the positive side: According to a study by IHS Global Insight, in 2010, U.S. shale gas production due to fracking generated $76 billion toward GDP, accounted for $33 billion in capital investments, was responsible for $18 billion in tax and federal royalty revenues, and supported 600,000 jobs. Experts estimate that nearly $2 trillion in capital investments will be created into the U.S. shale-gas industry through 2035. The benefits of such large investments will spread through communities, businesses, and governments.


    Debunking fracking myths
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

Page 9 of 12 FirstFirst ... 7891011 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •