SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Neeka who wrote (331903)11/3/2009 12:45:23 PM
From: Brumar892 Recommendations  Respond to of 794157
 
Don't think greenies will take the growth of shale gas lying down. They've already gotten it defacto banned from the NYC drainage area. Here a key shale gas technology is presented as a product of the Evil Darth Cheney by the key liberal press propaganda organ. Greens will try to kill shale gas as surely as they have the development of new coal plants.


The Halliburton Loophole

03 November, 2009
The New York Times

Among the many dubious provisions in the 2005 energy bill was one dubbed the Halliburton loophole, which was inserted at the behest of -- you guessed it -- then-Vice President Dick Cheney, a former chief executive of Halliburton.

It stripped the Environmental Protection Agency of its authority to regulate a drilling process called hydraulic fracturing. Invented by Halliburton in the 1940s, it involves injecting a mixture of water, sand and chemicals, some of them toxic, into underground rock formations to blast them open and release natural gas.

Hydraulic fracturing has been implicated in a growing number of water pollution cases across the country. It has become especially controversial in New York, where regulators are eager to clear the way for drilling in the New York City watershed, potentially imperiling the city's water supply. Thankfully, the main company involved has now decided not to go ahead.

The safety of the nation's water supply should not have to rely on luck or the public relations talents of the oil and gas industry. Thanks in part to two New Yorkers -- Representative Maurice Hinchey and Senator Charles Schumer -- Congress last week approved a bill that asks the E.P.A. to conduct a new study on the risks of hydraulic fracturing. An agency study in 2004 whitewashed the industry and was dismissed by experts as superficial and politically motivated. This time Congress is demanding ''a transparent, peer-reviewed process.''

An even more important bill is waiting in the wings. Cumbersomely named the Fracturing Responsibility and Awareness of Chemicals Act, it would close the loophole and restore the E.P.A.'s rightful authority to regulate hydraulic fracturing.
It would also require the oil and gas industry to disclose the chemicals they use.

The industry argues that the chemicals are proprietary secrets and that disclosing them would hurt their competitiveness. It also argues that the process is basically safe and that regulating it would deter domestic production. But if hydraulic fracturing is as safe as the industry says it is, why should it fear regulation?

Yeah, why would any industry fear regulation?



To: Neeka who wrote (331903)11/3/2009 2:10:44 PM
From: Bearcatbob4 Recommendations  Read Replies (1) | Respond to of 794157
 
Neeka,

Shale gas is a threat to Obama and company - a serious threat. Shale is still CH4. Since it still contains the vampire C molecule it will be a target. The massive supply has driven down price and hence made "renewables" even more noncompetitive. Sacre bleu - this cannot be - new power resources are to be wind and solar.

All threats to team Obama must be destroyed. Watch for wacko attempts to use the water issue to derail shale gas. Count on it.

NOTHING NOTHING NOTHING will be allowed to interfere with the Obama energy plan - no matter how wrong the plan.

Bob