We can expect supply disruptions which will lead to higher prices. Higher prices will lead to more fracking.
Please see previous posts: Is there a media blackout on the fracking flood disaster in Colorado? Not long after I posted this question, the residents started receiving phone calls from media. There is a lot of coverage now.
I received this information in an email last night.
My intrepretation: natural gas transport company is saying it can’t deliver product due to the acts of nature beyond their control. We should brace for natural gas disruptions to homes, especially in rural areas and small communities in much of the West, since the priority will be to deliver gas to large cities and power plants. Will we face electricity shortages, too? Too soon to tell.
“El Paso Pipeline Partners’ Colorado Interstate Gas (CIG) unit declared force majeure on a natural gas Interesting map HERE. To the left of the map there are links about supply constraints and Force Majeure
At this link you can read about the supply disruption in New Mexico in 2010.
UPDATE: You know the industry commenters have been telling us that all the wells were shut in so we don’t need to worry about them leaking? Noble Energy news from Drilling Ahead.
Houston-based Noble Energy, the largest operator in the Denver-Julesburg Basin, said that as of Tuesday 5 percent to 10 percent of its wells were shut in. Noble has 7,600 wells in Weld County.
On Tuesday, Noble crews saw a natural-gas release from two damaged wellheads. The release was reported to the Colorado Oil and Gas Conservation Commission, the company said.
Anadarko Petroleum Corp., the second-largest operator in the basin, has shut about 10 percent of its operations — 250 tank batteries and 670 wells.
Maybe Noble’s employees need to stay off my blog’s comments and get their butts busy instead.