Experts Say ~13% of Fracking Equipment Retiring, Sold for Scrap
Is this time different? The oil and gas industry is known for its “boom and bust” cycle. The price of oil and gas goes high, drillers jump on the bandwagon and inevitably produce far more than the market demands resulting in a price bust and a slowdown in drilling as it becomes unprofitable. Until the next cycle.
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Last week MDN told you that oral arguments would be heard on Thursday at the Pennsylvania Supreme Court in what we believe is one of (perhaps THE) most important shale cases ever in the Keystone State (see
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Last week CNN inflicted a seven-hour “town hall” discussion with Democrat presidential candidates about so-called climate change (man-made global warming) on its handful of viewers. Fox News’ Tucker Carlson called it an
Researchers from Pennsylvania State University, using a new testing protocol that uses existing, affordable water chemistry tests, have tested 20,751 water well samples from wells located near high levels of both conventional and shale oil and gas drilling in PA. The tests show whether or not existing/naturally occurring methane is in the water well, or whether methane from nearby drilling is present in the water. Know what they found? Out of 20,751 samples, they found 17 wells (0.08%, less than one-tenth of a single percent) showed “possible signs of methane contamination.” Statistically speaking, it’s zero.
A paid political activist who is not a doctor but works for the so-called Physicians for Social Responsibility (left wing group), told a hearing in Murrysville (Westmoreland County), PA on Wednesday that she could not prove fracking leads to negative health affects on those living near the activity, but in the very next breath she essentially said it does, saying there’s a “strong correlation” between fracking an ill health. Her proof? A list of Big Green-paid for “health studies” (propaganda campaigns).
A small group of New York landowners in Tioga County, NY continue to pressure the New York Dept. of Environmental Conservation (DEC) to allow them to drill and frack a single Utica well using LPG, or liquefied petroleum gas (i.e. propane). The DEC under the direction of Andrew Cuomo continues to purposely drag its feet in approving the project. The landowners are not giving up and hope to prove that fracking in NY can happen. They’re keepin’ the dream alive.
Another so-called “study” has appeared bashing Pennsylvania Marcellus fracking. This one is co-authored by a global warming Kool Aid drinker affiliated with the Post Carbon Institute, making the claim pregnant women in Pennsylvania have a 4% higher chance of becoming anxious and/or depressed if they live near fracking activities. How these people are not laughed out of any room they walk into is beyond us.
A new group has formed in New York State with the aim of using a recent U.S. Supreme Court decision as ammunition to sue NY over its ban on hydraulic fracturing. The new group, called Landowner Advocates of New York (LANY), was started by MDN friend Vic Furman. Could this finally be the solution to force Andrew Cuomo to allow fracking?
Yet another cockamamie “study” (i.e. propaganda) about the negatives of fracking–this one done by the University of New Hampshire claiming a few hikers and outdoor enthusiasts in Pennsylvania will have to find someplace else to hike and enthuse…because of evil Marcellus fracking. The thing that really angers us is that Pennsylvania taxpayers paid for this “study”!
In May 2016, a landowner in Wayne County, PA filed a lawsuit against the Delaware River Basin Commission (DRBC) asking a judge to declare that the DRBC does not have jurisdiction to prevent construction of a natural gas well (see
A little over a year ago CNX Resources announced that the company had signed a long-term contract with Evolution Well Services to use Evolution’s 100% natural gas-fueled electric pressure pumping equipment (see
It’s no secret that the U.S. Dept. of Energy (DOE) had a hand in the original research that resulted in the shale revolution. It was George Mitchell who pioneered the first shale wells–but he did so based on research performed by the federal government. The DOE’s Office of Fossil Energy remains active to this day in researching new and better ways to extract and use fossil fuels, much to the dismay of global warming fundamentalists. One of the ways Fossil Energy accomplishes its mission is to fund research projects by academic institutions–and even private companies. Fossil Energy has just announced a new round of $44.5 million in grants aimed at improving fracking (yes! fracking) technology, and improving our understanding of shale plays.