Feds Meddling In Fracking, Louisiana’s Economic Growth At Risk
Policy makers in Washington need to remember that America’s abundant supply of natural gas is both an economic and environmental asset. Gas burns twice as clean as coal, and the natural gas industry contributes $385 billion a year to the U.S. economy while supporting 4 million American jobs, many of them right here in Louisiana.
Improvements in the technology known as hydraulic fracturing (or “fracking”) have made it practical to extract natural gas embedded in shale rock as deep as a mile below ground. This is producing more natural gas and generating badly needed jobs and tax revenue in some states. But just as we begin to see economic progress from fracking, the Department of the Interior is showing interest in restrictive regulations that would make this technique more difficult and expensive.
The Department of the Interior says it’s motivated by fears that fracking could contaminate underground water supplies. But those fears ignore the study by the Environmental Protection Agency (EP A) finding no evidence of groundwater contamination by fracking. If the Interior department decides to go ahead with unnecessary restrictions on fracking, it would be a serious economic setback for the whole country and particularly for Louisiana.
Northwestern Louisiana sits on top of the Haynesville shale formation. This is potentially one of the richest sources of natural gas in America, and fracking technology makes this resource accessible. Louisiana literally can’t afford to have this opportunity snatched away by misguided federal regulation.
or “fraccing” as it was once called in brochures by Halliburton a few decades ago.
or “fraccing” as it was once called in brochures by Halliburton a few decades ago.
The Hayride New Post – Feds Meddling In Fracking, Louisiana’s Economic Growth At Risk. Read it now at http://bit.ly/fJ1Qdj
There are plenty of other sources of revenue the state of Louisiana can take that won’t poison its citizens. http://www.rollingstone.com/politics/news/the-fight-over-fracking-josh-fox-vs-big-gas-20110517?page=1
No citizens are being poisoned by fracking. Peddle your lies elsewhere.
I wouldn’t expect anything less from someone who has the logo of this website as their user pic.
Nice ads too ‘Louisiana’s Natural Gas: The Smarter Power Today.’ Blue skies, blue water. I mean burning fossil fuels…what could be cleaner? No chemical spills, no on site accidents. It is a FACT that fracing is the most regulated and supervised way to free up gas.
How about those lies? I can peddle those here?
You’re free never to visit or post again, but your initial statement here was patently untrue.
Fracking is destroying the homes around America and making people sick! This is a fact! Louisiana,get up off your all fours and start demanding a cleaner environment or else it will be too late! This is one of the hundreds of articles you can find on this land/water/family/home & health destroying way of obtaining natural gas! http://thinkprogress.org/romm/2011/02/27/207596/natural-gas-fracking-dangers-environment-health/ Also, check out the movie GASLAND!!!!
Disqus generic email templateDon’t quote Think Progress propaganda on this site or you’ll be banned. And don’t quote Gasland, either, because it’s a pack of lies.
You people are hell-bent on keeping America in thrall to Hugo Chavez and the Saudis, and for that you deserve as much scorn as the rest of us can heap on you.