The UK Parliament has recently published a report from its House of Commons Energy and Climate Change Committee that examined the gas shale resources in the country and the use of hydraulic fracturing to extract the resource. The report is heavy with research and discussion of all the issues involved in developing gas shale resources. Members of the committee even traveled to the United States to meet with political, scientific and industry sources in order to gain the broadest spectrum of opinions on the various critical issues that need to be considered before reaching a conclusion on the environmental issues associated with gas shales.An assessment of the report by analysts at the government research firm, Washington Analysis, concluded that "this research-intensive report could serve as a barometer for the US Environmental Protection Agency's (EPA) eventual study on the subject." They go on to point out that the EPA study is still in its "scoping" phase suggesting to the analysts that it will not be completed before 2013, thereby preventing Congress from acting to possibly restrict the use of hydraulic fracturing. While that assessment should be considered good news for the natural gas industry, we would offer several cautions about accepting that view.
h/t Adrian
Cementing the casing and bond logging is important...and?
The is of no import...oil/gas bad...wind-mills/solar good.
OBOZO has appointed a blue ribbon panel to come with excuses why fracking is environmentally bad.
Science is irrelevant it is political.
Remember this administration shut down Gulf deep-water drilling and then financed Brazil's deeper efforts by ...what $2 billion?
In 2010 Pelosi was the issue...In 2012 the EPA will become the #1 issue for Obama, and the Senate. The Dems in the Senate may move against the EPA before the election, to save themselves, but Obama is DOA.. An ugly mood in the air
Remember this administration shut down Gulf deep-water drilling and then financed Brazil's deeper efforts by ...what $2 billion?
Posted by: sasquatch at June 21, 2011 10:31 PM
Not only Brazil, but Mexico got some action as well, to support their -- wait for it -- Gulf of Mexico drilling.
Meant to provide linkage as well:
http://www.foxnews.com/politics/2010/09/11/backs-b-loan-mexico-oil-drilling-despite-obama-moratorium/
This loan may create US jobs but how many other jobs does it destroy. Deep sea rigs sitting Idle while Mexican rigs receive money to drill, somehow does not make sense when a country has an unemployment rate of 9%.
We need to cash in on this generosity of the Americans while they still have a few shekels left.
D Krupski, the actual US unemployment is around 21%. Here is a paragraph from John Mauldin's economic US analysis.
"Unemployment amongst teenagers has become a serious structural and social problem for the USA in an economy that is becoming dominated by skilled workers. The number of unemployed teenagers (16-19) now totals almost one in four. However, the number of African-American, not seasonally adjusted U-3 unemployment, including both sexes, in the same age group has risen to a stunning 41%, almost every other teenager."