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In reply to the discussion: Tens of Thousands Demand DNC Add National Fracking Ban to Party Platform [View all]womanofthehills
(8,661 posts)50. Half of Fracking Industry could go bankrupt as oil prices keep falling
SE New Mexico along with SW Texas are big fracking areas but I never thought living in the middle of NM, that Kinder Morgan would want to put a CO2 pipeline in my neighborhood. They were planning on pumping up CO2 from under the ground in Eastern Arizona and taking it across NM to the Permian Basin for fracking. My whole town became mega activists and formed a group -"Resistiendo -
http://www.resistiendo.org/ . With the drop in oil prices, KM put the Lobos Pipeline (cute- named after the UNM basketball team)
"in the deep freeze."
Half of U.S. Fracking Industry Could Go Bankrupt as Oil Prices Continue to Fall
The American shale industry needs oil at about the 60 to 70 dollar a barrel level in order to survive.
Having limped along last year hoping for a rebound in prices this year, the industry is heading for deep trouble.
Having limped along last year hoping for a rebound in prices this year, the industry is heading for deep trouble.
http://ecowatch.com/2016/01/18/fracking-industry-bankrupt/
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Tens of Thousands Demand DNC Add National Fracking Ban to Party Platform [View all]
kadaholo
Jun 2016
OP
A little off track (forgive me) but I wish the party would support this in the platform.
Rafale
Jun 2016
#4
She might ask the Republicons in Congress to do something but with a wink. I think she will
rhett o rick
Jun 2016
#10
DNC to tens of thousands, 'piss off, we dont' need your votes now go away already'. eom
Purveyor
Jun 2016
#31
"But my corporate sponsors and campaign contributors in the fracking industry want it, peons
Feeling the Bern
Jun 2016
#38
Maybe bern & jane can fight to ban what they did in Sierra Blanca Tx too!
misterhighwasted
Jun 2016
#42
great symbolism, but the real issue is getting action (or INACTION in this case)
yurbud
Jun 2016
#58
I support a 100% ban on fracking as part of the Democratic party platform. eom
PufPuf23
Jun 2016
#60