Jason Barton

Professional Information and Energy News

Archive for the ‘The Free Market’ tag

Water among victims of gas drilling process

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Here is another article on what is to me an interesting and very important subject: hydraulic fracturing, or “fracking.” Not only is it a human health concern, or even just a matter for energy, trying to balance the advantages of the free market with the need for some sort of safety regulation is an effort that spans so many aspects of life in a capitalist society.
Published: August 22, 2010

Fracking. It’s a word you probably hadn’t heard a year or two ago. Last week the U.S. Environmental Protection Agency had to postpone a public hearing on the subject in Syracuse, N.Y., because of concerns the venue might not be able to accommodate the 8,000 or more people expected to show up and speak about the subject.

Both New York and Pennsylvania residents are getting to know “fracking,” an issue that’s of increasing concern to people in these states and the others that sit on what’s known as the Marcellus Shale – a geological formation that stretches north from West Virginia. In total, this shale contains what may be the biggest natural-gas deposit in the world.

To extract the fossil fuel, companies first drill deep wells and then use a technique called hydraulic fracturing – “fracking” for short. It’s a process that injects, under high pressure, huge amounts of water laced with sand and more than a hundred chemicals into rock formations deep under the ground.

[…]

Chemicals and water – there’s your first clue to why people are alarmed. A report released by the Pennsylvania Land Trust Association this month showed that there have been 1,435 violations of the state oil and gas laws in the past 2.5 years – at least 952 of which affect the environment. That’s more than one a day, the Sierra Club notes.

Read the entire article here.