U.S. will Produce as Much Oil as Saudi Arabia Starting 2013
Not so long ago those of us who support shale gas drilling would proudly say, “The United States has as much natural gas sitting under it as Saudi Arabia has oil,” feeling the satisfaction of knowing that someday, somehow we may get out from under the thumb of counties who are our enemies by shifting our economy from using mostly oil to using mostly natural gas.
Never in our wildest dreams did we imagine saying, “The United States produces as much oil as Saudi Arabia.” Seemed like a fantasy. But starting next year, that statement will be true. Why? You guessed it: Shale.
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We now know a bit more about where things stand with the “health review” taking place of New York’s proposed new drilling regulations (called the SGEIS). When Dept. of Environmental Conservation (DEC) Commissioner Joe Martens announced he was asking NYS Health Commissioner Nirav Shah to conduct a review of the SGEIS’ handling of potential health impacts of fracking on residents, he said that Shah would assemble a panel of “outside experts” to advise him.
There’s been an important development in two cases on appeal in New York State courts that challenge municipal bans of fracking. The two cases challenge municipal fracking bans in the Town of Dryden, NY (