NE US Natural gas exploration and fracing
Subject was raised in the Japan/nuclear thread. I don't think there are many NE US posters here but fwiw there is a gas boom or two going on in PA and potentially NY. Lease rates in some areas went as high as 6000/acre. In hot areas giant gas finds are starting to produce in PA.
In NY there is a moratorium.
This has raised controversies over hydraulic fracturing. Essentially it is anti-industrialists against pro natural gas people. In the “elitist” NE corridor, people like TX and OK to risk dying producing energy – NIMBS, not in my back state! They don’t like hydro, pet based, nuclear or coal based energy, they just like electricity energy!It is sickening. Celebs have been donating $$$$$ to run Gasland )NC Kay) and other media buzz.
It is a serious subject up here, effecting economics, environment etc.
Here is the truth:
I'd like to know...
..where the damned check is that the "celebs" are "paying $$$" to me?!?
Please, watch what you write, fella!
Some "truths" maybe be relative to you, but my reputation is absolute to me...no one pays me for what I say.
I've spent nine years now policing a "harmless" mining operation, and doubt you have comparable experience. Nothing ends up being truly "harmless," and their regulatory agency agreed with me on that point.
Re: I'd like to know...
About 2000 Marcellus wells will be drilled/fraced in PA in 2011.
Locals, regulators are all over the operations.
Gascos are finding a different culture here -vs TX, AK, OK, there is no throwing it down a stream.
Celebs getaway country - hey they don't even eat roadkill.