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Full Version: Fracking: It’s Good for the Economy…AND the Environment
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http://finance.yahoo.com/blogs/daily-tic...25507.html


I'll be the first to say I'm worried about the effects of fracking in the future. The chemicals they use are not disclosed and if any of them are VOX or have a lower density than water they will find themselves in the water table eventually but I can't keep myself from undeniable benefits of this. It's making instant millionaires in Southern Ohio. It's like little Saudi Arabian shieks rollled into Hillbilly Heaven. I'm genuinely happy for these guys. I hope we convert the majority our cars over to CNG. It would be a great thing for people worried global warming.
I'm okay with it as long as water stays clean, and if the jobs go to locals. I'm tired of seeing southern license plates while there are people living here without jobs...



Earthquakes are fun.
Tradeoffs to everything. I could certainly live with a stricter building code to keep 350 billion dollars in our economy a year.
(12-12-2012 01:32 PM)RobertN Wrote: [ -> ]Earthquakes are fun.

Haven't had an Earthquake here in Washington County(PA) yet.
(12-12-2012 05:10 PM)ClairtonPanther Wrote: [ -> ]
(12-12-2012 01:32 PM)RobertN Wrote: [ -> ]Earthquakes are fun.

Haven't had an Earthquake here in Washington County(PA) yet.

Because its unfounded bull ****
(12-12-2012 01:34 PM)Machiavelli Wrote: [ -> ]Tradeoffs to everything. I could certainly live with a stricter building code to keep 350 billion dollars in our economy a year.

Stricter codes *can* also retard investment and move 350 Billion dollars out of our economy when folks decide its better to invest elsewhere.
(12-12-2012 07:41 PM)maximus Wrote: [ -> ]
(12-12-2012 05:10 PM)ClairtonPanther Wrote: [ -> ]
(12-12-2012 01:32 PM)RobertN Wrote: [ -> ]Earthquakes are fun.

Haven't had an Earthquake here in Washington County(PA) yet.

Because its unfounded bull ****
Must be difficult to type with your head in the sand.

Btw, BIE's post was EXACTLY what I expected when regulations were mentioned.
(12-13-2012 02:05 AM)RobertN Wrote: [ -> ]
(12-12-2012 07:41 PM)maximus Wrote: [ -> ]
(12-12-2012 05:10 PM)ClairtonPanther Wrote: [ -> ]
(12-12-2012 01:32 PM)RobertN Wrote: [ -> ]Earthquakes are fun.

Haven't had an Earthquake here in Washington County(PA) yet.

Because its unfounded bull ****
Must be difficult to type with your head in the sand.

Btw, BIE's post was EXACTLY what I expected when regulations were mentioned.


What you posted is not correct.

Out of 30,000 injection wells over decades, only 8 seismic events have even been recorded....statistically zero


I know the man who used to run the earthquake center at the University of Memphis. He developed the moon seismic meters for NASA that are still sitting on the moon. He also help develop some of the fracking technology being used today. He laughs at morons like you who think it causes any significant seismic activity.
Robert's geology knowledge is rivaled only by his mastery of economics.
(12-13-2012 09:21 AM)maximus Wrote: [ -> ]
(12-13-2012 02:05 AM)RobertN Wrote: [ -> ]
(12-12-2012 07:41 PM)maximus Wrote: [ -> ]
(12-12-2012 05:10 PM)ClairtonPanther Wrote: [ -> ]
(12-12-2012 01:32 PM)RobertN Wrote: [ -> ]Earthquakes are fun.

Haven't had an Earthquake here in Washington County(PA) yet.

Because its unfounded bull ****
Must be difficult to type with your head in the sand.

Btw, BIE's post was EXACTLY what I expected when regulations were mentioned.


What you posted is not correct.

Out of 30,000 injection wells over decades, only 8 seismic events have even been recorded....statistically zero


I know the man who used to run the earthquake center at the University of Memphis. He developed the moon seismic meters for NASA that are still sitting on the moon. He also help develop some of the fracking technology being used today. He laughs at morons like you who think it causes any significant seismic activity.
Link?
I'm conflicted by this. I see that unconventional nat gas has provided the US with much more energy stability and lower prices. And nat gas is cleaner than coal (well - just about anything is cleaner than coal).

That being said, as a large landowner, I don't think I'm signing an OGML (Oil/gas Mineral lease) that allows for fracking at this time. And I worry about the impact on those that rely on the land for their living.
Quote: I'm conflicted by this. I see that unconventional nat gas has provided the US with much more energy stability and lower prices. And nat gas is cleaner than coal (well - just about anything is cleaner than coal).

That being said, as a large landowner, I don't think I'm signing an OGML (Oil/gas Mineral lease) that allows for fracking at this time. And I worry about the impact on those that rely on the land for their living.

This is very similar to my line of thinking too. I love the idea of Appalachia becoming the Saudi Arabia of natural gas. I'm very happy for those people. You can not deny that, but when I read about fracking operations trying to skirt the Safe Water Drinking Act or skirting environmental regulations. Why wouldn't you want to ensure safe drinking water? Here we have this manna from heaven be smart in developing it.
If your wells are properly set you should have zero problems
(12-13-2012 11:07 AM)maximus Wrote: [ -> ]If your wells are properly set you should have zero problems
03-lmfao Riiiight.
(12-13-2012 11:20 AM)RobertN Wrote: [ -> ]
(12-13-2012 11:07 AM)maximus Wrote: [ -> ]If your wells are properly set you should have zero problems
03-lmfao Riiiight.

I really don't know why anyone responds to you.

Educate yourself moron


http://www.forbes.com/sites/jamesconca/2...ement-job/
There's a lot of good and a lot of bad that can come from this practice. The cons aren't fully realized yet, though. We don't know if we're worrying about nothing or not worrying enough. Only time, and actual practice, will tell.
(12-12-2012 01:22 PM)Machiavelli Wrote: [ -> ]http://finance.yahoo.com/blogs/daily-tic...25507.html


I'll be the first to say I'm worried about the effects of fracking in the future. The chemicals they use are not disclosed and if any of them are VOX or have a lower density than water they will find themselves in the water table eventually but I can't keep myself from undeniable benefits of this. It's making instant millionaires in Southern Ohio. It's like little Saudi Arabian shieks rollled into Hillbilly Heaven. I'm genuinely happy for these guys. I hope we convert the majority our cars over to CNG. It would be a great thing for people worried global warming.

But what about the speculation that fracking is causing water faucets to become flamable or that they may be causing minor earthquakes?
(12-13-2012 02:41 PM)Fitbud Wrote: [ -> ]
(12-12-2012 01:22 PM)Machiavelli Wrote: [ -> ]http://finance.yahoo.com/blogs/daily-tic...25507.html


I'll be the first to say I'm worried about the effects of fracking in the future. The chemicals they use are not disclosed and if any of them are VOX or have a lower density than water they will find themselves in the water table eventually but I can't keep myself from undeniable benefits of this. It's making instant millionaires in Southern Ohio. It's like little Saudi Arabian shieks rollled into Hillbilly Heaven. I'm genuinely happy for these guys. I hope we convert the majority our cars over to CNG. It would be a great thing for people worried global warming.

But what about the speculation that fracking is causing water faucets to become flamable or that they may be causing minor earthquakes?


See above link
(12-13-2012 02:48 PM)maximus Wrote: [ -> ]
(12-13-2012 02:41 PM)Fitbud Wrote: [ -> ]
(12-12-2012 01:22 PM)Machiavelli Wrote: [ -> ]http://finance.yahoo.com/blogs/daily-tic...25507.html


I'll be the first to say I'm worried about the effects of fracking in the future. The chemicals they use are not disclosed and if any of them are VOX or have a lower density than water they will find themselves in the water table eventually but I can't keep myself from undeniable benefits of this. It's making instant millionaires in Southern Ohio. It's like little Saudi Arabian shieks rollled into Hillbilly Heaven. I'm genuinely happy for these guys. I hope we convert the majority our cars over to CNG. It would be a great thing for people worried global warming.

But what about the speculation that fracking is causing water faucets to become flamable or that they may be causing minor earthquakes?


See above link

I saw the link. Fracking is obviously very profitable. However, if it's going to cause long term problems to the environment in other areas, is it really worth it?
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