shale gas

For some time now, proponents of the controversial practice of hydraulic fracturing or “fracking” have claimed there was little or no evidence of real risk to groundwater. But as the classic saying goes: “the absence of evidence is not evidence of absence” of a problem. And the evidence that fracking can contaminate groundwater and drinking water wells is growing stronger with every new study. As most people now know, fracking is a method for enhancing the production of natural gas (or oil, or geothermal energy wells). Fracking involves injecting fluids -- typically complex mixes of water and…
Check out ASPO-USA's first webinar, with Art Berman. Note that full membership will get you the whole webinar series. It is coming up on Thursday, so don't delay! Sharon
A few readers have asked me to comment on Goldman Sachs' prediction that the US will be the world's largest Oil producer in 2017. I am delighted to do so. Several possible comments come to mind. 1. Apparently Crystal Meth has become the trendy drug at Goldman. 2. How did the Yes Men get this published under Goldman's Name? 3. Goldman is apparently even less optimistic about Saudi oil production than I am. They think the depletion curve is going to be a straight line downwards. 4. Oh, wait, they are talking about "oil" not oil! That "oil" stuff is almost infinite - you can magically turn…