Comments on: Drilling for Natural Gas: The One Thing That New York Fears More Than Terrorists http://www.investmentu.com/2009/October/drilling-for-natural-gas.html Investment Advice and Investment Research with a Contrarian Point of View Thu, 09 Feb 2012 16:06:49 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: gas employment career petroleum – Petroleum Geologist Jobs – Reach New Heights of Petroleum Engineering http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-51436 gas employment career petroleum – Petroleum Geologist Jobs – Reach New Heights of Petroleum Engineering Fri, 21 May 2010 09:58:32 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-51436 [...] Drilling for Natural Gas [...] [...] Drilling for Natural Gas [...]

]]> By: Steve http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-38095 Steve Thu, 11 Mar 2010 17:35:34 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-38095 What do you mean "significant"? What do you mean “significant”?

]]> By: Energy and Infrastructure Forecast http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-33643 Energy and Infrastructure Forecast Tue, 12 Jan 2010 19:19:42 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-33643 [...] If ever there was a case when supply and demand dictates a market, you’ve got it with natural gas. [...] [...] If ever there was a case when supply and demand dictates a market, you’ve got it with natural gas. [...]

]]> By: Oil and Natural Gas Investments http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-33631 Oil and Natural Gas Investments Tue, 12 Jan 2010 15:33:46 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-33631 [...] for natural gas, U.S. known reserves - including the Marcellus Shale, - which contains more natural gas than the North Field in Qatar, the largest field ever discovered [...] [...] for natural gas, U.S. known reserves – including the Marcellus Shale, – which contains more natural gas than the North Field in Qatar, the largest field ever discovered [...]

]]> By: Greg Dorozinsky http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-28552 Greg Dorozinsky Sat, 31 Oct 2009 00:29:41 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-28552 The one thing that New York fears more than terrorist - the Philadelphia Phillies. Sorry just had to add some baseball humor. The one thing that New York fears more than terrorist – the Philadelphia Phillies. Sorry just had to add some baseball humor.

]]> By: Brian http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-28364 Brian Wed, 28 Oct 2009 11:43:29 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-28364 You are partially informed. They cannot emphasize the "strict" controls, because they are not strict. The industry has managed to get itself exempt from the Clean Water Act, and is not regulated by the EPA. Hard to believe, but true. The state regulatory agencies (like the DEC in NYS) are pitifully understaffed and underfunded, and are impotent as far as regulating hydraulic fracturing procedures. Also, despite the drilling occurring thousands of feet below the aquifer, spills have occurred above the aquifer, often from trucks hauling away the poisoned fracking fluid (which is not water, but contains water and hundreds of toxic contaminants). Furthermore, when the drilling operation is complete, ONLY SOME OF these chemicals are hauled away to sewage treatment facilities to be disposed of. The rest are left to fester for eternity. Each well requires millions of gallons to fracture the shale. If only 1% (and it is generally much more) is left behind, that means that for each well thousands of gallons of toxically contaminated fracking fluid is left to poison the earth for your sons and daughters. So how much is it worth? Depends on what you think you're investing in, doesn't it? You are partially informed. They cannot emphasize the “strict” controls, because they are not strict. The industry has managed to get itself exempt from the Clean Water Act, and is not regulated by the EPA. Hard to believe, but true.
The state regulatory agencies (like the DEC in NYS) are pitifully understaffed and underfunded, and are impotent as far as regulating hydraulic fracturing procedures.

Also, despite the drilling occurring thousands of feet below the aquifer, spills have occurred above the aquifer, often from trucks hauling away the poisoned fracking fluid (which is not water, but contains water and hundreds of toxic contaminants).

Furthermore, when the drilling operation is complete, ONLY SOME OF these chemicals are hauled away to sewage treatment facilities to be disposed of. The rest are left to fester for eternity. Each well requires millions of gallons to fracture the shale. If only 1% (and it is generally much more) is left behind, that means that for each well thousands of gallons of toxically contaminated fracking fluid is left to poison the earth for your sons and daughters.

So how much is it worth? Depends on what you think you’re investing in, doesn’t it?

]]> By: Christmast Gift Idea » Blog Archive » Natural Sleep Secrets – Cure Insomnia. http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-28354 Christmast Gift Idea » Blog Archive » Natural Sleep Secrets – Cure Insomnia. Wed, 28 Oct 2009 03:08:58 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-28354 [...] Drilling for Natural Gas [...] [...] Drilling for Natural Gas [...]

]]> By: uberVU - social comments http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-28341 uberVU - social comments Tue, 27 Oct 2009 22:11:43 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-28341 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by RonFrey: Drilling for Natural Gas: The One Thing That New York Fears More Than Terrorists http://bit.ly/hTTeN... Social comments and analytics for this post…

This post was mentioned on Twitter by RonFrey: Drilling for Natural Gas: The One Thing That New York Fears More Than Terrorists http://bit.ly/hTTeN...

]]> By: Bob from Texas http://www.investmentu.com/2009/October/drilling-for-natural-gas.html#comment-28339 Bob from Texas Tue, 27 Oct 2009 21:50:51 +0000 http://www.investmentu.com/IUEL/2009/October/drilling-for-natural-gas.html#comment-28339 Drilling for gas is about as dangerous to NYC's drinking water as flushing your commodes in Manhattan. Its a non event, unless your flush raw sewage into the rivers, like you used to do. Hundreds of thousands of gas wells have been drilled and completed and produced for decades, across the entire country, with no significant water pollution issues to speak of, if existing rules are practiced. Those are the facts. Today's fears are just another attempt to justify the intrusion of government into business. If fear rules, then get ready to pay a whole lot more for your gas fired electricity and heating. And who wins then? Only the regulators and tax collectors. Good luck. Bob Drilling for gas is about as dangerous to NYC’s drinking water as flushing your commodes in Manhattan. Its a non event, unless your flush raw sewage into the rivers, like you used to do. Hundreds of thousands of gas wells have been drilled and completed and produced for decades, across the entire country, with no significant water pollution issues to speak of, if existing rules are practiced. Those are the facts.

Today’s fears are just another attempt to justify the intrusion of government into business. If fear rules, then get ready to pay a whole lot more for your gas fired electricity and heating. And who wins then? Only the regulators and tax collectors. Good luck.

Bob

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