General Discussion

blue neen

(12,465 posts)

35. So, let's slow down the drilling and let the technology catch up.

Wed May 23, 2012, 05:02 PM

May 2012

The gas isn't going anywhere.

You're correct--careful handling and disposal of the fracking fluids is essential, but right now, in the real world that is not always happening. That is a fact in Pennsylvania and other states where the greed got way ahead of common sense.

There is a glut of natural gas now because of the rush to drill before safe practices were enacted. The price is low. Wouldn't it be a good idea to slow down and do it right, rather than ruining peoples' health and properties?

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Mitt Romney wants to lay an oil pipeline over this water supply... [View all] kentuck May 2012 OP

I have no problem with it badtoworse May 2012 #1

Why do you support it? kentuck May 2012 #2

I do! rufus dog May 2012 #3

No reward? badtoworse May 2012 #7

So instead of current jobs at refineries in the midwest the jobs get transferred to Houston rufus dog May 2012 #11

What capacity are the mid-west refineries operating at? badtoworse May 2012 #18

Not to mention every expert says it will raise gas prices. FarLeftFist May 2012 #43

It makes sense... kentuck May 2012 #44

No, the oil WILL go on the world market. Just like our Gulf oil does, Alaskan oil does.... rustydog May 2012 #55

Why should the oil not be sold at the world price? I would expect that. badtoworse May 2012 #58

Some group or NIMBY will have a problem with it. Yes well, I would rather have a few delays yellowcanine May 2012 #4

I'll bet you're one of the ones screaming when the lights go out because of inadequate reserves badtoworse May 2012 #6

Back at ya! rufus dog May 2012 #12

That was market manipulation in 2000, largely by one company - Enron badtoworse May 2012 #14

Ok don't assume. You don't have a clue what I complain about. Even if I did complain the way you yellowcanine May 2012 #13

Some practices are very damaging to the environment, some only involve manageable risk badtoworse May 2012 #16

Ok, you made a crack about Nimbyism. I pointed out that Nimbyism isn't all bad - that it can stop yellowcanine May 2012 #21

OK, I'll give you that NIMBYs sometimes stop bad projects. badtoworse May 2012 #24

That's better. IMO a good project will easily be able to stand up in the face of arguments only yellowcanine May 2012 #27

The biggest problem is the lack of a time clock. badtoworse May 2012 #39

That's a problem with our courts/approval process, not nimbyism per se. yellowcanine May 2012 #46

Your point about developers is not true,... badtoworse May 2012 #47

It is in mine. We had a case just about a month ago where the developers actually yellowcanine May 2012 #52

I'm not familiar with the case so I can't comment badtoworse May 2012 #53

Well there have been some pretty big boondoggles so I am not so sanguine as you. yellowcanine May 2012 #54

Cost overruns are a completely different matter badtoworse May 2012 #57

Well gee you just said banks won't finance projects until all of the bases are covered. yellowcanine May 2012 #59

You are correct, but the cost overruns are equity's risk badtoworse May 2012 #60

And if the cost overruns enough the equity is tied up in an uncompleted project. yellowcanine May 2012 #61

That sometimes happens badtoworse May 2012 #62

"With few exceptions, they operate safely." underseasurveyor May 2012 #9

Gasland. trumad May 2012 #15

Gasland is a crock badtoworse May 2012 #17

I knew you come back and post that shit. trumad May 2012 #19

I follow developments in the natural gas and electric power businesses for a living badtoworse May 2012 #20

Hmmm. 99Forever May 2012 #22

You know nothing about our investment criteria... badtoworse May 2012 #25

Your words betray you. 99Forever May 2012 #41

My background is no secret on DU badtoworse May 2012 #45

sure trumad May 2012 #23

I've been down this road on DU before badtoworse May 2012 #29

So---you're a pro-Fracker? trumad May 2012 #31

I believe it can be done safely badtoworse May 2012 #33

Do you beleive that Nuclear Power can be done safely? trumad May 2012 #34

Yes, but I also believe that some of the design decisions that have been made were flawed. badtoworse May 2012 #48

The risk far out gains the rewards in mho. trumad May 2012 #51

So, let's slow down the drilling and let the technology catch up. blue neen May 2012 #35

It's already happening for economic reasons. badtoworse May 2012 #38

That's good, but it should also be happening for the good of the public. blue neen May 2012 #42

Well, let's highlight this (very close to Dimock): blue neen May 2012 #32

Good to know. I'll look into it. badtoworse May 2012 #36

Well, I guess it's not just "nimby's" that are concerned. blue neen May 2012 #26

Interesting, this is the first I've heard of a lender taking this position on a natural gas well. badtoworse May 2012 #28

It's been going on in other states; it's just starting to happen in PA. blue neen May 2012 #30

That's a fair point and it applies to than just well drilling badtoworse May 2012 #37

Infrastructure does not equal fracking chemicals. It's not the same at all... blue neen May 2012 #40

How about a wind turbine next door or a transmission line in your yard? badtoworse May 2012 #49

I think it's a bad idea, some places should be off limits to oil drilling and pipelines Uncle Joe May 2012 #5

No but then I don't think they should be able to continue using this water for irregation either. jwirr May 2012 #8

We don't know what's under the surface of the Earth KansDem May 2012 #10

i oppose everything mitt romney wants to do....period spanone May 2012 #50

Ditto goclark May 2012 #56