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Most of the problems dealt with the methane getting into drinking wells. The thing to keep in mind are the drillers had to submit lease applications that specified that the injection of fracking fluids would not contaminate the groundwater for at least 100 years. The landowners can collect royalties but studies have shown the value of the land decrease when it's near these drill sites. If you believe in thse driller's models, the land value should decline significantly in time. If the models were fraudulent, these sites will probably have to be remediated in a few decades (almost 1 decade into fracking now) and land will be worthless.
Given that land values in adjacent areas drop in value, why should the owners of said land who get nothing from it be given the option of saying no fraking. I sure would have when the atrocity near me was built. If it had been there I never would have bought what is my home.
Is there ANYTHING good about taking the value of land from people who don't have a say?
Remember the meaning of the word 'frak' on the Battlestar Galactica series....
Most of the problems dealt with the methane getting into drinking wells.
While it's certainly possible the drilling exacerbated issues with methane these places historically always had methane. There is place in NY called Burning Springs that some of the first explorers to the New World visited after learning of it. The fakeumentary Gasland never divulged the historical documentation, I quote "it's not relevant".
The landowners can collect royalties but studies have shown the value of the land decrease when it's near these drill sites.
They don't allow links to real estates sites here but I would suggest looking at historical values of land/homes around the Montrose, PA area. My Brother was looking at about 40 acres around 2006 in that area, it was a few grand per acre. Similar land is going for about $10 to 12K per acre now.
Most of the problems dealt with the methane getting into drinking wells. The thing to keep in mind are the drillers had to submit lease applications that specified that the injection of fracking fluids would not contaminate the groundwater for at least 100 years.
Disposal wells are much deeper than drinking water wells. No state's PUC would issue a permit to drill a disposal well to a TD that falls within a water-bearing formation (aquifer).
Oh, and drillers (the guys who operate the controls of a drilling rig) would not be the guys submitting applications to regulatory agencies; that task would most likely be handled by a member of the producer's legal department.
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Originally Posted by lchoro
The landowners can collect royalties but studies have shown the value of the land decrease when it's near these drill sites.
On the contrary, the presence of wells on a property greatly increases property value, as CAD records overwhelmingly indicate.
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Originally Posted by lchoro
(almost 1 decade into fracking now)
Actually, we're almost 8 decades into hydraulic fracturing. The first hydraulic frac job in the United States was performed in 1947. Other methods (dynamite) were used as early as the 1860s.
Earlier you said 115 years, now you're saying 25; make up your mind. Even if we go with the lower number, 25 years is plenty of time to make technological and economic progress on alternative energy.
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Originally Posted by arctichomesteader
And you really missed the point, which is that we really don't have that much oil given our high consumption rate.
Which is why we need to make alternative energy affordable, efficient, and reliable - which we can't do without oil and gas as a power source and raw material.
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Originally Posted by arctichomesteader
We can't drill our way out of this problem.
We can't NOT drill our way out of it. Leaving O&G in the ground does not get us any closer to making alternative energy more affordable, reliable, and efficient. Extracting it does provide us with resources to use in the R&D that will eventually bring about the technology that will allow us to reduce our consumption of O&G.
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Originally Posted by arctichomesteader
And it would leave some significant areas of this country uninhabitable.
That's pure BS. The only "uninhabitable" places are the actual pads where wellheads are located.
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Originally Posted by arctichomesteader
as oil becomes scarcer worldwide
It's not becoming scarcer worldwide. As technology improves, oil that was once considered unrecoverable becomes recoverable.
Disposal wells are much deeper than drinking water wells. No state's PUC would issue a permit to drill a disposal well to a TD that falls within a water-bearing formation (aquifer).
Oh, and drillers (the guys who operate the controls of a drilling rig) would not be the guys submitting applications to regulatory agencies; that task would most likely be handled by a member of the producer's legal department.
On the contrary, the presence of wells on a property greatly increases property value, as CAD records overwhelmingly indicate.
Actually, we're almost 8 decades into hydraulic fracturing. The first hydraulic frac job in the United States was performed in 1947. Other methods (dynamite) were used as early as the 1860s.
There've already been stories of waste being dumped into aquifers or hauled off into municipal water treatment plants.
Many of the wells leak. It's just a matter of time before more do.
The technology has been around for decades. The myth that the boom was spurred by new technology is one of the popular misconceptions that the industry and the press continually portray.
It's been barely a decade since the federal government gave the green light to hydraulic fracturing in the Energy Policy Act of 2005 by granting exemptions from environmental regulations.
Earlier you said 115 years, now you're saying 25; make up your mind. Even if we go with the lower number, 25 years is plenty of time to make technological and economic progress on alternative energy.
Go back and re-read each of those numbers in context if they're not clear.
Quote:
Which is why we need to make alternative energy affordable, efficient, and
reliable - which we can't do without oil and gas as a power source and raw
material.
We need to get to a point where we don't need oil and gas.
Quote:
We can't NOT drill our way out of it. Leaving O&G in the ground does not
get us any closer to making alternative energy more affordable, reliable, and
efficient. Extracting it does provide us with resources to use in the R&D
that will eventually bring about the technology that will allow us to reduce our
consumption of O&G.
No, leaving it in the ground provides future generation with the resource that may prove valuable in other, more important ways. Taking it all now is short sighted and selfish. And there isn't the R&D being done to replace it. Remember that modern agriculture, now dominant since corporate farms have replaced family farms scattered across the country, depends heavily on petroleum-based chemicals. The energy issue is the tip of the iceberg.
Quote:
That's pure BS. The only "uninhabitable" places are the actual pads where wellheads are located.
It's not becoming scarcer worldwide. As technology improves, oil that was once considered unrecoverable becomes recoverable.
To recover all the recoverable oil would indeed require vast areas be destroyed. Would you want to live next to a shale oil operation?
Oil is becoming scarcer. We're using billions and billions of barrels every year. No one would even look at the shale oil and the other expensive technologies if there wasn't an issue.
Reference? I'm aware of one in my area that may have contaminated ground water and that's out of thousands.
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