Another report exposes fracking corporate socialism

by TXsharon on September 22, 2012

in economy

Next Time the frackers try to give you the chock-full-of-boloney line about the free market, refer them to this article: Decades of federal dollars helped fuel gas boom.

Last Thursday Environment America released a new reportThe Costs of Fracking.

PennEnvironment also has a report that exposes this corporate socialism. “The Costs of Fracking: The Price Tag of Dirty Drilling’s Environmental Damage” (PennEnvironment Research & Policy Center)

Study reports ‘hidden costs’ in gas drilling
September 22, 2012 12:17 am
By Don Hopey / Pittsburgh Post-Gazette

A PennEnvironment Re-search & Policy Center report has identified more than a dozen categories of hidden costs — including aquifer contamination, human health problems and damage to roadways, home values and natural resources — linked to Marcellus Shale gas development in Pennsylvania.
[…]
“There are a staggering array of threats to the environment posed by Marcellus Shale gas development and myriad costs,” said Erika Staaf of PennEnvironment, a statewide advocacy organization. “We’re advocating a moratorium on drilling until additional safeguards and appropriate bonding is put in place.”

Here’s a movie trailer for you to enjoy:

{ 4 comments… read them below or add one }

Kevin Gilbert September 22, 2012 at 3:49 pm

Promised Land looks awesome. If this is what it looks like from the previews, and the director can pull something out like he did with Good Will Hunting, this will go mainstream. Movies have the power to change the way people think and feel like no other media. I think the message can be strong while being subtle at the same time. This movie looks like it can achieve that in a way that doesn’t lend itself to criticism by industry like “GasLand.”

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Fracking Crazy September 23, 2012 at 11:27 pm

Oh no, oh my, is Matt Damon a ‘bad guy’?!?

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GhostBlogger September 24, 2012 at 4:58 am

The North Dakota Oil Fracking Boom Creates Clash of Money and Devastation

This is a story about one tribal nation grappling with the stresses of life during oil time – housing, traffic, crime, crowds, their quality of life.

http://www.alternet.org/environment/north-dakota-oil-fracking-boom-creates-clash-money-and-devastation

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GhostBlogger September 24, 2012 at 5:10 am

Why all the push to frack for gas when they are just burning it in flares in North Dakota? Also in that piece:

“All over the Bakken lands, startling fires rise above the hayfields, spewing natural gas into the atmosphere. The fires, or flares, are a byproduct of oil production. When fracked gas is released, so is natural gas, but since natural gas is going begging on the worldwide market, and building the infrastructure to capture the gas would be expensive, companies just burn it. The fires spew over two million tons of carbon dioxide into the air each year, the equivalent of nearly 400,000 cars.

The World Bank, which has been campaigning for 10 years to get nations such as Russia, Nigeria, Iran and Iraq to stop flaring, now ranks the United States as the fifth worst offender thanks to North Dakota’s oil boom.

Neither North Dakota nor the Mandan Hidatsa Arikara Nation have rules limiting flaring. But the tribe does plan to capture the wasted natural gas.”

Comments, EID?

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