Fracking headlines

July 19, 2013

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Former Mobil VP Warns of Fracking and Climate Change

Ellen Cantarow, Truth Out
Few people can explain gas and oil drilling with as much authority as Louis W. Allstadt. As an executive vice president of Mobil Oil who ran the company’s exploration and production operations in the western hemisphere before he retired in 2000. In 31 years with the company he also was in charge of its marketing and refining in Japan, and managed its worldwide supply, trading and transportation operations. Just before retiring, he oversaw Mobil’s side of its merger with Exxon, creating the world’s largest corporation…

READ INTERVIEW AT SOURCE

EC: Was there any major turning point that started you thinking about methane migration?

LA: There were many. An example is that one of the appendices of the draft SGEIS [New York Department of Conservation guidelines for the gas industry] that was issued in July 2011, had a section describing an EPA study of the only cases where similar fractures had been unearthed. These were in a coal-mining area. The EPA investigation indicated that the fractures had progressed in unexpected patterns and at greater lengths than expected. In September, when the draft SGEIS was eventually put out for comment, that section had been expunged…
(19 July 2013)


‘Generous’ tax breaks for shale gas industry outlined

BBC
The government has outlined plans to give tax breaks to companies involved in the UK’s nascent shale gas industry.

It has proposed cutting the tax on some of the income generated from producing shale gas – found in underground shale rock formations – from 62% to just 30%.

The plans would make the UK the "most generous" regime for shale gas in the world, the government said.

But they have been criticised by environmentalists, with Friends of the Earth calling them a "disgrace"…

There are concerns the process, which involves pumping high pressure water, sand and chemicals into rock to force out the gas, is related to water contamination and even earth tremors.

Water companies have warned that the quality of drinking water must be protected "at all costs".

Water UK, which represents the UK water companies, points out that fracking requires huge amounts of water which could put a strain on local supplies.

It also says the drilling and the fracturing process could damage water pipes.

"The water industry is not taking sides. If it (fracking) goes ahead we want to ensure corners are not cut and standards compromised," said Jim Marshall, policy and business adviser at Water UK…
(19 July 2013)


USGS Study Connects Earthquake Risk To Wastewater Injection, Fracking Advocates Say, "Who Cares?"

Laurel Whitney, DeSmog Blog

Image RemovedUSGS Study Connects Earthquake Risk To Wastewater Injection, Fracking Advocates Say, "Who Cares?" (via Desmogblog)

A new study out in Science by US Geological Survey scientist William Ellsworth links earthquakes to wastewater injection sites. These earthquakes, thought to be caused by pressure changes due to excess fluid injected deep below the surface, are being…

(more…)


Tags: Energy Policy, finance, Fracking, Pollution, Shale gas, Water Supplies