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Old 01-07-2012, 11:28 AM
 
Location: Boilermaker Territory
26,404 posts, read 46,551,112 times
Reputation: 19539

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Brownback hopes to boost fracking in Kansas - KansasCity.com (http://www.kansascity.com/2012/01/06/3356147/governors-chief-of-staff-addresses.html?story_link=email_msg - broken link)
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Old 01-07-2012, 06:38 PM
 
4,794 posts, read 12,371,808 times
Reputation: 8398
That's some fracking good news, so long as the wells are properly constructed and monitored.
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Old 01-08-2012, 05:05 PM
 
3,339 posts, read 9,348,265 times
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They will never be safe, not for the ground water and not for the stability of the earth. Sure, let's dig a gigantic trench through Kansas for the Keystone pipeline, and then let's frack the bejeebers out of the state. What a progressive and forward thinking way to bring jobs to Kansas, eh? Brownback is looking backwards.
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Old 01-09-2012, 08:11 AM
 
78,339 posts, read 60,539,645 times
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Quote:
Originally Posted by TinaMcG View Post
They will never be safe, not for the ground water and not for the stability of the earth. Sure, let's dig a gigantic trench through Kansas for the Keystone pipeline, and then let's frack the bejeebers out of the state. What a progressive and forward thinking way to bring jobs to Kansas, eh? Brownback is looking backwards.
The Keystone pipeline I'm less concerned about.

The fracking issue is something that IMO requires more caution.
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Old 01-10-2012, 04:51 PM
Status: "119 N/A" (set 19 days ago)
 
12,954 posts, read 13,667,161 times
Reputation: 9693
It looks like he would like to keep prices high at the pump. These new technologies to recover trapped fossil fuels is only feasable as long as oil prices stay high.
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Old 01-10-2012, 07:43 PM
 
78,339 posts, read 60,539,645 times
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Quote:
Originally Posted by thriftylefty View Post
It looks like he would like to keep prices high at the pump. These new technologies to recover trapped fossil fuels is only feasable as long as oil prices stay high.
Um, that's a rather chicken or egg explanation.

With higher gas prices, wouldn't pursuing these options become more financially feasible?

Explain your postion please.
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Old 01-11-2012, 02:14 PM
Status: "119 N/A" (set 19 days ago)
 
12,954 posts, read 13,667,161 times
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Quote:
Originally Posted by Mathguy View Post
Um, that's a rather chicken or egg explanation.

With higher gas prices, wouldn't pursuing these options become more financially feasible?

Explain your postion please.
I don't think Fracking is that new. It is almost by definition a method of recovering fossil fuels only when prices rise above a certain level
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Old 01-12-2012, 07:40 AM
 
78,339 posts, read 60,539,645 times
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Quote:
Originally Posted by thriftylefty View Post
I don't think Fracking is that new. It is almost by definition a method of recovering fossil fuels only when prices rise above a certain level
Cool. TY for clarifying.

I agree that I don't think it's that new either but the scale of operation has probably greatly increased in recent years. (guessing)
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Old 01-12-2012, 11:43 AM
 
Location: Boilermaker Territory
26,404 posts, read 46,551,112 times
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Google Barnett, Marcellus, and Balken shale formations. New horizontal drilling techniques have led to an explosion of oil as well as natural gas drilling in the US. We export natural gas abroad now which was unthinkable 5-10 years ago. Like all commodities, export demand depends on global demand in foreign markets. Price depends on speculation.
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Old 01-12-2012, 02:13 PM
 
78,339 posts, read 60,539,645 times
Reputation: 49628
Quote:
Originally Posted by GraniteStater View Post
Google Barnett, Marcellus, and Balken shale formations. New horizontal drilling techniques have led to an explosion of oil as well as natural gas drilling in the US. We export natural gas abroad now which was unthinkable 5-10 years ago. Like all commodities, export demand depends on global demand in foreign markets. Price depends on speculation.
IMO speculation is most likely to just add short term noise.

Long term prices are supply\demand driven.
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