Nationwide Is Not on Your Side – If You Frack for O&G
If you’re a landowner who leases your land for gas drilling, Nationwide Mutual Insurance Company is definitely not on your side (and you may want to consider changing insurers). They announced yesterday they will not cover any damage related to natural gas drilling and fracking. Their denial of coverage will also apply to landowners who lease their land for drilling and make a claim that arises from an issue related to drilling.
Frankly, there’s nothing new about homeowner insurance not covering industrial processes—the drillers have their own insurance accidents and damage. But Nationwide’s statement—and the way they are spinning it—shows hostility to the natural gas industry. That’s why you should dump them.
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On July 12, former Sec. of the Pennsylvania Dept. of Environmental Protection presented MDN’s first webinar, titled: The Truth About Gas Drilling and America’s Energy Choices. John spoke of his love of alternative energy sources—especially wind and solar—but he also spoke about the overblown criticism of natural gas drilling. He pointed out there are advantages and disadvantages to every form of energy, and if you say “no” to one form, you must say “yes” to another form.
The Department of Energy’s National Energy Technology Laboratory (NETL) in Pittsburgh is tackling the thorny question raised by Duke University earlier this week: Can and does fracking fluid (or any fluid) migrate upward through rock layers? The Duke study released earlier this week suggests it’s possible for fluids to migrate from thousands of feet down (
A major new report was released yesterday from the Battelle Memorial Institute that reviews the Environmental Protection Agency’s stated plan to study hydraulic fracturing and its impacts on water. The 166-page report (embedded below) says the EPA has it wrong with how they are proceeding.
Grad students at Duke University have issued a new “peer-reviewed” paper/study/report, this time addressing the question of whether or not fluids from thousands of feet down in the Marcellus Shale layer can actually migrate upward through thousands of feet of solid rock and contaminate groundwater aquifer supplies. The new study is titled, “Geochemical evidence for possible natural migration of Marcellus Formation brine to shallow aquifers in Pennsylvania.” A full copy is embedded below for MDN subscribers.
Is the Lucky Five counties in New York that will see drilling now the Lucky Four? You may recall a few weeks ago the New York Times, using an unnamed source inside Gov. Andrew Cuomo’s administration (cough *Andy* cough), floated a “trial balloon” plan that will allow high volume hydraulic fracturing, i.e. fracking, for a limited number of permits in five Southern Tier counties for a two-year period: Broome, Chenango, Chemung, Steuben and Tioga (