25 replies to this topic

[Rogerdodger]

Then there is Tom Steyer:

The above stated plan seems to be working for the president's 1% donors, as the few still working pay through the nose:

New Record: Price of Gas Above $3 Gallon for 1,245 Days...

Edited by Rogerdodger, 22 May 2014 - 06:37 PM.

[stocks]

Lady Gaga hates fracking

Lady Gaga is Upset. Colorado Democrats Support Fracking.

Gov. John Hickenlooper, Sen. Mark Udall, and Cong candidate Andrew Romanoff, as reported in Politico, have all three come out against environmental activists’ anti-fracking measures, which are supposed to be on the ballot this fall.


http://hotair.com/ar...rado-democrats/

[Rogerdodger]

FED STUDY: Man-made quakes aren't nearly as strong or as bad as they sound...

Man-made earthquakes, a side effect of some high-tech energy drilling, cause less shaking and in general are about 16 times weaker than natural earthquakes with the same magnitude, a new federal study found.
"The hazard of these earthquakes is lower than what you'd expect," Hough said. "It's not that there's no hazard, it's just that it's a little better than you might think."

These faults can be slipping with less pent-up energy than they would have if they slipped naturally years later.

Edited by Rogerdodger, 19 August 2014 - 08:27 AM.

[stocks]

Natural gas production in the Utica Shale has increased almost 7X in 2 years and its potential just got even bigger

Natural gas production in the Utica Shale area of Ohio and Pennsylvania (see map below), based on EIA data. In only two years, the production of natural gas in the Utica Shale region has increased from about 200,000,000 cubic feet per day in September 2012 to 1.34 billion cubic feet per day this month



http://www.aei-ideas...igger/#comments

[diogenes227]

The End of Fracking is Closer than You Think

Canadian geologist David Hughes has some sober news for the Kool-Aid-drinking boosters of the United States' newfound eminence in fossil fuel production: it's going to go bust sooner rather than later.

Working with the Post Carbon Institute, a sustainability think-tank, Hughes meticulously analyzed industry data from 65,000 US shale oil and natural gas wells that use the much-ballyhooed extraction method of hydraulic fracturing, colloquially known as fracking. The process involves drilling horizontally as well as vertically, and then pumping a toxic cocktail of pressurized water, sand, and chemicals deep underground in order to break apart the rock formations that hold deposits of oil and gas.

Hughes found that the production rates at these wells decline, on average, 85 percent over three years.

"Typically, in the first year there may be a 70 percent decline," Hughes told VICE News. "Second year, maybe 40 percent; third year, 30 percent. So the decline rate is a hyperbolic curve. But nonetheless, by the time you get to three years, you're talking 80 or 85 percent decline for most of these wells."

His conclusion calls into question the viability of developing a long-term national energy policy on the assumption that fossil fuel extraction will continue at current levels...

..."I can certainly understand corporate interests," Hughes remarked. "They do what they're doing because they're concerned about their quarterly returns. But they are not concerned about the long-term sustainability of energy production for America."

"For me," he added, "the long-term policy is that shale is a short-term bonanza."

[stocks]

Walmart Hiring Cashiers in North Dakota. -- 17.40/HR

The shale boom continues to make the Peace Garden State America’s most economically successful state:

– with the lowest state jobless rate in the country for the last 67 months starting in January 2009 (2.8% in July),

an enviable and whopping state budget surplus approaching $2 billion,

the highest state GDP growth in 2013 of 9.7%,

strong housing and construction markets (more than 1,000 permits for single-family homes were issued in both June and July, setting new all-time monthly records),



http://www.aei-ideas...r-second-month/

[diogenes227]

Walmart Hiring Cashiers in North Dakota. -- 17.40/HR

The shale boom continues to make the Peace Garden State America’s most economically successful state:

– with the lowest state jobless rate in the country for the last 67 months starting in January 2009 (2.8% in July),

an enviable and whopping state budget surplus approaching $2 billion,

the highest state GDP growth in 2013 of 9.7%,

strong housing and construction markets (more than 1,000 permits for single-family homes were issued in both June and July, setting new all-time monthly records),



http://www.aei-ideas...r-second-month/

Well, hallelujah! That tells every Walmart employee in the country at what wage levels the negotiating begins.

Good neighborhood for a new Federal minimum wage too.


And the applications go to the companies national website!

Never thought I'd ever say this but "thank you, Walmart", for finally giving up your daily lies, and openly setting a reasonable wage standard that could boom the rest of this great big country beyond piddly little North Dakota.

[stocks]

Just one US shale field – Eagle Ford – had an $88 billion economic impact in 2013 and supported 155,000 jobs

The $87.75 billion economic impact in 2013 from just one of America’s many prolific shale oil and gas fields should help to underscore just how important and powerful the Great American Energy Boom is, as it delivers a powerful energy-based stimulus to the US economy and creates hundreds of thousands of shovel-ready jobs and spreads shale-based prosperity throughout the economy.


http://www.aei-ideas...ed-155000-jobs/

[Rogerdodger]

AMERICAN SHALE REVOLUTION ENDS SAUDI ARABIA'S REIGN AS OIL KING...

OPEC Members' Rift Deepens As Prices Plunge...

Oil price slips below $89 to hit lowest level since 2010
I just love the fact that we are using this condensed, solar generated, natural organic fuel supply while supplying jobs and energy to poor Americans.
Oil that is. Black Gold, Texas Tea.

Edited by Rogerdodger, 13 October 2014 - 05:52 PM.

[Rogerdodger]

Russian Money Suspected Behind Fracking Protests...

PUNGESTI, Romania —
"Vlasa Mircia, the mayor of this destitute village in eastern Romania, thought he had struck it rich when the American energy giant Chevron showed up here last year and leased a plot of land he owned for exploratory shale gas drilling.
But the encounter between big business and rural Romania quickly turned into a nightmare. The village became a magnet for activists from across the country opposed to hydraulic fracturing, or fracking. Violent clashes broke out between the police and protesters. The mayor, one of the few locals who sided openly with Chevron, was run out of town, reviled as a corrupt sellout in what activists presented as a David versus Goliath struggle between impoverished farmers and corporate America.
“I was really shocked,” recalled the mayor, who is now back at his office on Pungesti’s main, in fact only, street. “We never had protesters here and suddenly they were everywhere.”
Gazprom, a state-controlled energy giant, has a clear interest in preventing countries dependent on Russian natural gas from developing their own alternative supplies of energy, they say, preserving a lucrative market for itself — and a potent foreign policy tool for the Kremlin.

Edited by Rogerdodger, 01 December 2014 - 03:37 PM.