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The Impact of Shale Gas Technology on Geopolitics

by: redwill67

Fri May 07, 2010 at 21:54:43 PM EDT


Fletcher Features
The Impact of Shale Gas Technology on Geopolitics
Dr. Daniel Fine of MIT discusses how new technology in extracting gas will impact geopolitics and the environment

Dr. Daniel Fine of the Mining and Minerals Resources Institute at MIT addressed Fletcher students at a talk sponsored by the International Security Studies Program and offered his insights into how the development of new technology will allow the United States to tap vast, previously inaccessible, resources of natural gas that will impact everything from the price of gasoline to the ability of Chinese companies to buy equity in Russian natural gas fields.

The United States has a monopoly on "hydro-fracing" technology. The technology, short for hydraulic fracturing, releases natural gas trapped in shale deposits by injecting the deposits with high-pressure water mixed with sand and small amounts of chemical additives.

According to Dr. Fine, the "cloud over gas" used to be "do we have enough gas?" In 2003, Federal Reserve Chairman Alan Greenspan declared that the United States did not have enough natural gas, and that it would be necessary to import liquid natural gas (LNG). This, said Dr. Fine, was clearly a mistake in the light of the new hydro-facing technology, not only because importing LNG poses a security risk to the United States, but because tapping natural gas from shale represents an economic "bonanza" in "the most [economically] repressed parts of the country:" western New York, western Pennsylvania and West Virginia, areas which suffer from high rates of unemployment, and are estimated to host 490 trillion cubic feet of natural gas. The thousands of jobs that could be created in these areas could stand in the way of President Obama's pursuit of subsidies for renewable energy.

for more of this article use this link-->

http://fletcher.tufts.edu/news...

redwill67 :: The Impact of Shale Gas Technology on Geopolitics
Tags: , , , , , , , , , , , , , , , , , (All Tags)
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Is this your work? (0.00 / 0)
If not, it needs a link and no more than three paragraphs quoted.

birch, finch, beech

Three diaries, each like this (0.00 / 0)
I see three diaries that redwill67 has posted, each time extensively reproducing large chunks of articles about energy supplies. Discussing the topic is important, but I don't see any actual content he's adding, just copying the articles.

Only the left protects anyone's rights.

[ Parent ]
hydro-frcaking is a dangerous un regulated form of mining gas (0.00 / 0)
wells in upstate NY have caught on fire and exploded...check it out
"You Can't Drink Money"

http://www.facebook.com/group....
YOU CAN'T DRINK MONEY/HYDROFRACKING AWARENESS GROUP

This lady Laura Brazak started this on her own, and has begun a series of video talks...This one is about the "Risk"


http://frackcountryblues.com/
One of the lies the industry tells and that industry defenders get all frothy-at-the-mouth from repeating is that  those big, giant, plastic-lined ponds they build are supposed to contain freshwater - freshwater that was sucked out of local rivers, ponds, and wells - and that they will never, ever, EVER hold wastewater.  They also love to cite this terrible tendency of ours to misunderstand as evidence of the extreme ignorance of anyone opposed to industry practices. And yet, industry - bold as the day is long - has told us that waste water is stored in those ponds.

This illustrated commentary above was inspired, in part, by the story of June Chappel as told on Faces of Frackland.  Range Resources plunked a big, giant, plastic-lined lake just outside her back door and filled it with the wastewater from nearby gas wells.  The company spokesman admits that it is wastewater in the video clip - be sure to click through and give it a look.  He also makes some vague statement about maybe cleaning it up, eventually.

What is in this waste water?  It's a special brew of whatever the heck chemicals they pump down the wells (you know - soap, canola oil, and coca cola!), naturally-occurring salts, heavy metals, various hydrocarbons that leech from the shale, plus a lot of sediment.  Common sense says this toxic cocktail can't be released into the watershed, but PA and its BFFs in the gas industry aren't strong on the common sense.  There are no facilities in PA truly equipped to treat the water, but even if there were, the best that could be hoped for is diluting it and... wait for it... releasing it into the watershed.  Or you can let it sit and fester in the sun and eventually evaporate, like in the case of June's backyard.  That way you can breathe it in instead of having to drink it. The fumes are intolerable, the pit is a toxic hazard, and as the surface owner of a split estate, June has no real rights.

Ah, yes.  We are such ignorant rubes, thinking that there's toxic waste out there in those ponds and that maybe it is not such a good thing.  Silly, silly us.  It could well be that other states actually regulate the drilling wastewater  disposal but PA is still in the Dark Ages on this.  Ironic, since all this gas is supposed to fuel a bright future for the state.



Annie 2012!

No Frack Movement (4.00 / 1)
Having visited the area lately (Ithaca, specifically) there were a number of signs out with simply 'NO FRACK' on them. The primary concern was that insufficient studies had been done on what effect the procedure would have on the local aquifers. I don't have the link offhand, but I believe recently either the NY legislature or the courts agreed, and the technique has been barred from New York until it can demonstrate that it won't contaminate the water supply.

Only the left protects anyone's rights.

the courts n/t (4.00 / 1)


Annie 2012!

[ Parent ]
the courts n/t (0.00 / 0)


Annie 2012!

[ Parent ]

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