Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (771402)	2/26/2014 12:11:29 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 1574757

i say build the tower. He should be glad when his property values plummet and his taxes go down. why should they build it nest to some poor folks?

To: i-node who wrote (771402)	2/26/2014 12:20:10 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 1574757

Rep. Jared Polis (D-CO) has formally extended a welcome to Tillerson to the fracking critic club, with this statement Friday: I would like to officially welcome Rex to the ‘Society of Citizens Really Enraged When Encircled by Drilling’ (SCREWED). This select group of everyday citizens has been fighting for years to protect their property values, the health of their local communities, and the environment. We are thrilled to have the CEO of a major international oil and gas corporation join our quickly multiplying ranks.

To: i-node who wrote (771402)	2/26/2014 12:22:54 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 1574757

IOW, "I'm not concerned about fracking specifically, just the infrastructure needed to do it being near my home." gee, sounds like any other impacted homeowner. Maybe the city can send him a pizza and soda. As ExxonMobil’s CEO, it’s Rex Tillerson’s job to promote the hydraulic fracturing enabling the recent oil and gas boom, and fight regulatory oversight. The oil company is the biggest natural gas producer in the U.S., relying on the controversial drilling technology to extract it. The exception is when Tillerson’s $5 million property value might be harmed. Tillerson has joined a lawsuit that cites fracking’s consequences in order to block the construction of a 160-foot water tower next to his and his wife’s Texas home. The Wall Street Journal reports the tower would supply water to a nearby fracking site, and the plaintiffs argue the project would cause too much noise and traffic from hauling the water from the tower to the drilling site. The water tower, owned by Cross Timbers Water Supply Corporation, “will sell water to oil and gas explorers for fracing [sic] shale formations leading to traffic with heavy trucks on FM 407, creating a noise nuisance and traffic hazards,” the suit says. Though Tillerson’s name is on the lawsuit, a lawyer representing him said his concern is about the devaluation of his property, not fracking specifically. When he is acting as Exxon CEO, not a homeowner, Tillerson has lashed out at fracking critics and proponents of regulation. “This type of dysfunctional regulation is holding back the American economic recovery, growth, and global competitiveness,” he said in 2012. Natural gas production “is an old technology just being applied, integrated with some new technologies,” he said in another interview. “So the risks are very manageable.” In shale regions, less wealthy residents have protested fracking development for impacts more consequential than noise, including water contamination and cancer risk. Exxon’s oil and gas operations and the resulting spills not only sinks property values, but the spills have leveled homes and destroyed regions. Exxon, which pays Tillerson a total $40.3 million, is staying out of the legal tangle. A spokesperson told the WSJ it “has no involvement in the legal matter.”

To: i-node who wrote (771402)	2/26/2014 12:33:56 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 1574757

yeah, this might affect property values…. +++ Physicians find increase in lesions that won’t heal near gas drilling and frackingby ADMIN on MARCH 30, 2012 Cross posting from Texas Sharon: I know several people in the Barnett Shale area who have experienced this problem. New research on the air quality around natural gas wells provides additional evidence and controversy about the possible health effects from hydraulic fracturing or “fracking.” In Colorado, scientists found that fracking wells emit potentially toxic hydrocarbons into the air. Amy Paré is a plastic surgeon in Washington County, south of Pittsburgh, where over 500 wells have been drilled thus far. Paré specializes in cosmetic procedures — lifts and tucks, and breast implants. Two years ago, Paré started seeing patients with an unusual condition. “We started to have more patients that would have open areas or recalcitrant lesions, that bled, ulcerated, didn’t quite heal. And usually they’re on your face,” she said. Concerned about skin cancer, Paré took biopsies of the patients. “And when we would send them off to a lab, they wouldn’t come back as a cancer but they wouldn’t come back normal,” Paré said. “And then we thought, ‘Well, are these patients exposed to anything?’ So then we would ask the patients are they exposed to anything at work or at home?” It turned out many of these patients had one thing in common: They all lived near Marcellus shale gas wells. Paré asked her patients to take a urine test. The urine test results are similar to what was found when the Department of Health Services did the blood and urine testing in Dish, Texas. “Unfortunately we did find quite a few people that did have urine that had methane in it, toluene, and hippuric acid,” Paré said. Unfortunately, industry has been successful in misstating the results of the Dish study so often that residents believe their spin. Ed Ireland still has misleading information about the study on his website. Do airborne toxins from natural gas drilling cause illness? A recent study of 28 people in Dish, done by the State Health Department, should be released any day. Preliminary results reported by people who participated in the study indicated that there is no evidence of any illness. Highest levels of benzene were found in the blood levels of people who smoked. See Frequently Asked Questions I have heard Gilbert Horton, Devon Energy, repeat this misleading information when he speaks at council and task force meetings. Several months ago I submitted an oped to the Denton Record Chronicle in an attempt to set the record straight. They still have not printed it. Here are some hard facts from the Dish blood and urine test: Half the people who were tested–HALF THE PEOPLE–had chemicals in their blood over the levels of the general population of the US. The chemicals in the blood, urine and tap water were the same chemicals found in exceedances in the previous air sampling. 15 chemicals were over the limit for the whole United States. 10 of those 15 chemicals were more prevalent in the non-smokers. 2 where equal in the non-smokers and smokers Only 3 of the 15 chemicals were higher in the smokers50% of those tested had concentrations over the average for the United States.