Just the Fracking Facts

[white cloud]

According to a footnote in the full energy plan published on Perry’s campaign website, the 250,000 jobs projection comes from a study released in July, “The Pennsylvania Marcellus Natural Gas Industry: Status, Economic Impacts, and Future Potential.” The study was funded by the Marcellus Shale Coalition, a trade association that represents gas companies, and was performed by three energy professors at the University of Wyoming and Penn State University.

According to the report, if natural gas prices don’t fall significantly, “Marcellus economic activity could support over 250,000 jobs” by 2020.

But current EPA regulations aren’t holding back that potential, as Perry contends.

“We made our projections under current policy in effect,” said one of the study authors, Timothy J. Considine, a former Penn State professor who is now director of the Center for Energy Economics and Public Policy at the University of Wyoming.
http://www.factcheck.org/2011/10/just-the-fracking-facts/

[Dover]

1. See my post on the 'earthquake' and this article

The big money is in natural gas and fracking. And I'm guessing the politicians are lined up
to help grease the wheels relative to eliminating regulations and fending off any legal attacks.

http://online.wsj.com/article/SB10001424052970204346104576635282137320162.html?mod=business_newsreel

[Dover]

2. E.P.A. to Tighten Rules on Wastewater Disposal (FRACKING!)

News Brief


The Environmental Protection Agency announced Thursday that it would devise stricter rules for the treatment and disposal of toxic wastewater used in natural gas drilling. The agency said it planned to set standards by 2014 for the management of wastewater used in a rapidly growing drilling tactic known as hydrofracking, which involves injecting huge amounts of water to break up shale or coal bed formations and release the gas.

http://www.nytimes.com/2011/10/21/us/epa-to-tighten-rules-on-wastewater-disposal.html?ref=health


Good news! Now we have to keep the Party of Pollution from unravelling it.

[Dover]

3. Wow...RFK Jr. coming down hard on the fracking facts in defense of the Time's coverage.

I feel very sad for the areas of Texas that have allowed this industry into their lives and water systems.
And being a state who is so entrenched in oil & gas interests makes it even harder to take them on.
They are going to have to be fought with something other than money, as their pockets are bottomless in
comparison to public funds.

http://www.huffingtonpost.com/2011/10/22/underground-industry-gas-_n_1026422.html