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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (157502)	9/22/2011 5:10:51 PM
From: Sweet Ol	1 Recommendation Respond to of 206087

Prechtor has been saying for some time that it is "all one market." The correlation between the S&P, Commodities and POO is just about 1.00 for some time now. The dollar is going the other way. He says this is a sign of the contraction/expansion of credit. The futures does not look so bright! Blessings, JRH

To: Jacob Snyder who wrote (157502)	9/23/2011 2:42:39 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 206087

re <videos on environmental safety protocols for horizontal drilling and hydraulic fracturing by Chesapeake> youtube.com youtube.com It would be more instructive, to show videos of actual drill sites. I like to see how it's done in the field, preferably at a randomly selected site, with the crew not aware they are being filmed. Those videos are computer animations, put together by the PR department, showing a perfectly clean site (apparently, nothing is ever spilled), under ideal conditions. A few questions: 1. About all that cementing they describe, to isolate gas from groundwater: is that always done, or just some of the time? And the pressure-testing of the cement jobs: is this mandated, done very time for every cementing? Who is responsible for checking? Any penalties for cutting corners? 2. About the Blow Out Preventer: what is its internal construction? Redundancy? Truly fail-safe? 3. About all the fluid that comes back out of the well: where, exactly, does it go? Who checks to make sure none of it gets dumped or spilled, or ends up in the nearest river? 4. About the drilling mud, described as "a non-hazardous mixture": since the recipe for mud isn't publicly disclosed, how do we know it is non-toxic? Just trust them on this? 5. About the explosive and fluid fracturing: Is it always completely contained within the gas-bearing layers? How controlled and predictable is this process? What keeps the fracture area from extending, and propagating along natural fracture lines? 6. About radon and radium, which the video said nothing about: How much is released? How much hydrocarbon gas is released? Benzene? Carbon disulfide? Other carcinogens? Is there adequate testing, to even answer these questions? 7. About the containment pond: Why didn't they show it? These questions need to be taken seriously and answered, or else the natgas industry is going to have their own "Macondo Event". The current go-go boom-town drill-baby-drill culture will create public distrust. A political/regulatory backlash is already beginning. I like to alternate reading the Wall Street Journal and Al Jazeera, and I believe things they both say happened (everything else I'm sceptical about, which means I'm sceptical about almost everything). Here's the "Al Jazeera viewpoint" on fracking: hilarious Frack Pit Love Song youtube.com What the Frack is Going On? (socialist tree-huggers love to sing about their Convictions) youtube.com Frac Rap (with dancing white girls) youtube.com more bad rap youtube.com blowout at Chesapeake drill site youtube.com a real site, showing reality is much messier than computer animations, and also showing the containment pond: youtube.com What's in the smoke being released? youtube.com oil fire, in the yard of oil field services company USA Trucking, several miles west of Williston, North Dakota youtube.com What's in the water in this gusher? youtube.com 4 frac tanks spilling water youtube.com "flames shooting from faucets" youtube.com fracking hell youtube.com JS@Fair&BalancesLikeFox&AlJazeera.edu