The End of Fracking Is Closer Than You Think

September 17, 2014 at 10:16 am 1 comment

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.

America’s political elites are embracing the promise of American energy independence — and that, Hughes believes, is pure folly.

Read the full article HERE.


Please join Transition Cornwall+ for our first event of the fall season:

HAPPY! the movie, 1 pm – 3:30 pm Sunday, September 21, at Cornwall Public Library.

Join the discussion after the film exchanging ideas and exploring a deeper understanding of how we can bring happiness into our lives and into our world. Happy! the movie


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Entry filed under: Business, Energy, Peak_Oil.

The Politics of a Dollar Organic Week across our Great Country

1 Comment Add your own

  • 1. Andy Donaldson  |  September 29, 2014 at 7:26 pm

    I invite readers of this page to listen to and share the anti-fracking song “What The Frack!” (2014 CD “Barrel Ride”) by singer-songwriter Bill McIver. Proceeds from online sales of “What The Frack!” will be donated to non-profit groups fighting against this insane use of precious water. And, please use this song during any anti-fracking event you have planned!

    http://www.billmciver.org/music

    Like

    Reply

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