Shaky U.S. economy won't benefit from natural gas expansion

As the federal government prepares to gut key programs to protect water and other natural resources through this week’s debt agreement, the Department of Energy (DOE) has announced plans to invest $12.4 million on programs to support shale gas development. Yet new analysis released by the national consumer advocacy group Food & Water Watch casts additional doubt on the viability of natural gas obtained through hydraulic fracturing. “Pipe Dreams: What the Gas Industry Doesn’t Want you to Know about Fracking and U.S. Energy Independence” shows that gas leases are not only generating less energy than once forecast, but also a significant portion of U.S. fracked gas will be exported overseas and the industry’s revenues will benefit foreign economies.

According to recent trade publication accounts, DOE will invest $1.6 million, outspending General Electric 4 to 1, on a project designed to remove radioactive material from wastewater from fracking operations in New York State. It will spend additional funds on projects to improve natural gas well performance in Colorado, Texas, California and New Mexico.

Source: Philly Burbs

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Fracking Fluid Disclosures on File

"What's in the water?"

That was the impetus for a consensus rule adopted by the Arkansas Oil and Gas Commission to regulate natural gas drilling in the lucrative Fayetteville Shale play earlier this year.

The commission initiated rules for gas drillers that require registrations, requests for trade secret exemptions, and disclosure of the chemicals used in a process known as "fracking," which pushes the gas from the shale formation through high-pressure treated water. The water from fracking is contained and hauled off for disposal, but concerns persist about its ability to affect the environment.

Source: The City Wire

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