3rd SRBC Report: Marcellus Drilling Doesn’t Affect Water Quality
The Susquehanna River Basin Commission (SRBC), charged with protecting and managing the water resources in the Susquehanna River Basin, continues to perform its duty with distinction (unlike another commission with a similar name nearby that fails miserably to perform its duties). In 2010 the SRBC began collecting the data through a state-of-the-art Remote Water Quality Monitoring Network (RWQMN). Part of the remit in that effort is to determine whether or not Marcellus Shale drilling is having an effect on the quality of water in rivers and streams in the SRBC region. Two prior reports issued by the SRBC had shown no impact on the water quality of rivers and streams from drilling. Last week the SRBC delivered its third such report (full copy below). It is the most comprehensive study to date, covering data collected from 2010-2013. And guess what? The new report shows that Marcellus Shale drilling has not impacted local rivers and streams. Period. End of story. So now we have both the federal government, via the EPA, saying fracking doesn’t harm water supplies, and the SRBC saying the same thing. And the politicians in New York State ban fracking because of “maybes” and “mights” and “possibles”–all while real data from real drilling shows shale drilling does not harm the environment–not in the way claimed by NY political charlatans. Here’s what the SRBC said in releasing their latest report on water quality in the Marcellus region…
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A day after issuing the final nail in the coffin of fracking in NY (see
Let the lawsuits begin! Yesterday the anti-drilling, anti-fossil fuel head of the New York Dept. of Environmental Conservation (DEC), Joe Martens, did his master’s bidding (his master being Lord Andrew Cuomo, Earl of the Hamptons) by imposing an official, TEMPORARY (not permanent) ban on hydraulic fracturing in the Empire State. The document issued yesterday by Martens is called a Findings Statement (full copy below) and it provides the DEC’s official rationale for the action they are taking in not granting permits for high volume fracking in the state. News coverage is blaring the trumpets that New York has “banned” fracking. Well, yes, in a sense that’s true. But the implication is that it’s a permanent ban–which is not true. Far from it. Martens uses profoundly weak arguments in the Findings Statement to justify his political action. One of his central arguments is what fracking “may” do to water supplies. A few weeks ago the federal EPA, after four years of intense study, found fracking is perfectly safe for water supplies (see
MDN invites you to join us in attending RBN Energy’s “State of the Energy Markets” one-day event in New York City on July 23. Before you hurry to say “yes,” a few caveats. It costs money (a lot of it). It’s aimed at executives working in the industry, as well as traders and investors. If that describes you (and we know that many of you read MDN), you may be interested in attending. We guarantee it will be a great event. Rusty Braziel & company will provide an overview of the key issues facing natural gas, NGLs and the crude oil market. They will explain how the markets for those three commodities interact and affect each other. They will also take a look at prices, where they may be heading, and how infrastructure affects price. If you are really “into energy” as we are, this is a must attend event. Details are below, along with a link to register…