Showing posts with label fracking. Show all posts
Showing posts with label fracking. Show all posts

9/5/11

A little truth about natural gas

S.E.C. Subpoenas Energy Companies for Records on Shale Gas Wells - NYTimes.com: "For example, the 2011 summer newsletter of the National Energy Technology Laboratory, a research arm of the Department of Energy, says that technology needs to improve in the Barnett shale in Texas, and in other shale gas areas, for these shale gas wells to be more economically viable. Shale gas wells often decline sharply after their first year ... “A crucial challenge for the industry today,” the newsletter said, is that only a “fraction” — a third or less — of wells show “sustained long-term production,” which makes it difficult for companies to make money on this drilling."

I am waiting for a ten year old genius to get us out of this oil and gas fixation. The current ads disgust with their complacency,

7/1/11

Eve of destruction in North Dakota

North Dakota, Oil, and the Energy Crisis : The New Yorker: "One day a few months ago, beside a trailer parked near the center of the basin, half a dozen men prepared to send enough explosives underground to dismantle an armored tank. The firepower consisted of twenty-four “shaped charges”—little cone-shaped shells housed in foot-long metal cannisters called perforating guns. When the charges were detonated by an electrical signal, each shell would explode into the surrounding rock, forming corridors through which oil could flow into the well." Fracking is bad. Natural gas is the Wizard of Oz. Humbug.



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