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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: axial who wrote (32228)12/4/2009 4:17:16 PM
From: Frank A. Coluccio  Read Replies (1) | Respond to of 46821
 
re: "Is there any doubt about the outcome?"

Over the longer term, I guess not. Hopefully safer practices and regulatory guidelines will be put in effect before they start digging near the reservoirs though. In any case, given the global nature of this problem, it wouldn't hurt to see more resources being invested in water purification technologies now.

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To: axial who wrote (32228)2/19/2010 9:32:13 PM
From: axial  Read Replies (2) | Respond to of 46821
 
"Neighbor against neighbor: a global story in microcosm. Is there any doubt about the outcome?"

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Shale gas gambit pits NY neighbor against neighbor

"The booming shale gas business accounts for 15 to 20 percent of U.S. natural gas production and is seen increasing fourfold over the next 15 years, providing a relatively clean energy source for a country sensitive to its dependence on foreign oil.

Natural gas from shale is trapped deep underground inside solid rock. It has been unlocked in recent years through technological advances.

Environmentalists and people living near drilling operations worry that the drilling process might contaminate ground water. Some landowners welcome the possible financial benefits of drilling in economic hard times.

The shale gas industry considers environmental opponents of drilling misguided, saying drilling is heavily regulated and that there has never been a documented case of ground water contamination because of hydraulic fracturing."

reuters.com

Jim