GASFRAC Bankruptcy Dims LPG Waterless Fracking; LNG Fracking Debuts
In an effort to minimize the impact of shale drilling on the environment, perhaps the biggest prize of all is to figure out a viable alternative to using water in fracking. As MDN has pointed out numerous times–there’s nothing wrong with using water, as long as you recycle it and/or properly dispose of it. Water is used because it’s economical to do so, and it’s one of the best fluids to get the fracking job done. But still, there are locations, like the western part of the country, that are water-constrained. Plus, it would sure be nice to reduce all of those truck trips to the well pad. One technology that seemed to hold promise was liquefied petroleum gas (LPG) fracking, pioneered by Canadian company GASFRAC. The problem is, GASFRAC is close to the end of being sold off in bankruptcy court (see Bankrupt Waterless Fracking Co GASFRAC Sold to “Third Party”). Does the end of GASFRAC also mean the end of waterless fracking? Perhaps not. An intriguing new LNG (liquefied natural gas) fracking technology is now on the horizon…
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This is really big news. It’s really important news. But don’t look for it on ABC/NBC/CBS/MSNBC/CNN/New York Times/Washington Post/Los Angeles Times/Etcetera ad naseum. They won’t run it because of media bias. Dr. Patrick Moore, a Canadian and ecologist, has been a leader in international environmentalism for more than 40 years. He co-founded Greenpeace and currently serves as chairman of Allow Golden Rice. Greenpeace is one of the biggest anti-drilling organizations on the planet (full of wackos). Yet, Dr. Patrick Moore is a climate skeptic. You read that right. Moore does not believe in man-made global warming. In fact, he calls the whole notion of catastrophic global warming from human activity “preposterous.” Below is a portion of a column written by Dr. Moore explaining his sound, scientific reasons for refuting the idiotic notion that mankind is causing the earth to toast…
Yesterday some 120 new rules that govern oil and gas drilling in North Carolina–including a rule that lifts the moratorium on fracking shale deposits–went into effect. In just a couple of years NC was able to do what so far New York hasn’t been able to do in nearly seven years–it became the 34th state to allow shale drilling. While all shale layers are now open for business, the initial flurry of interest seems to be centered in the center of the state in Lee, Moore and Chatham counties. Popularly its called the Triassic Basin, although technically it’s part of a broader area called the Deep River Basin. Within the Triassic is a sub-basin called the Sanford, and it’s there that two companies are already “aggressively” leasing in the area…