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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Bearcatbob who wrote (162195)1/9/2012 2:39:58 PM
From: MIRU1 Recommendation  Read Replies (3) of 206160
 
Bob, here is some more good news. We sure could use some help with the gas glut.

The U.S. should declare a moratorium on hydraulic fracturing for natural gas in populated areas until the health effects are better understood, doctors said at a conference on the drilling process.

Gas producers should set up a foundation to finance studies on fracking and independent research is also needed, said Jerome Paulson, a pediatrician at George Washington University School of Medicine in Washington.

Fracking injects water, sand and chemicals into deep shale formations to free trapped natural gas. A boom in production with the method helped increase supplies, cutting prices 32 percent last year. The industry, though, hasn’t disclosed enough information on chemicals used, Paulson said, raising concerns about tainted drinking water supplies and a call for peer- reviewed studies on the effects. The EPA is weighing nationwide regulation.

“We’ve got to push the pause button, and maybe we’ve got to push the stop button,” said Adam Law, an endocrinologist at Weill Cornell Medical College in New York, in an interview at a conference in Arlington, Virginia that’s the first to examine criteria for studying the process.
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