Monday, August 01, 2016

One of the most important messages conservation groups have this November is the dangers of fracking need there own homes.

Every Pennsylvania citizen lives in danger of a fracking well that effects their water and air quality. Fracking is not a viable method of sustaining an economy. 

June 15, 2016

About 1.5 million Pennsylvanians (click here) live within a half mile of an oil or gas facility. (USGS/Wikimedia Commons)

Harrisburg, Pa. -- Methane pollution is a health hazard, studies have found, and now an online map can tell you how close that risk is to you.

About 1.5 million people live within a half mile of one or more of the more than 100,000 oil and gas facilities operating in Pennsylvania. Studies show that those people are at greatest risk of the negative health impact of methane exposure, including fetal damage and respiratory ailments.

Conrad Schneider, advocacy director for the Clean Air Task Force, said the new online map can help people assess the risk they face in their own homes.

"We hope that, armed with this information, they will demand protective safeguards requiring the industry to clean up its act and reduce these serious risks to public health," he said....

"Fracking is uneconomic...." This is GAS, not a mineral like coal. Gas per well is hideous to think about. Substantial amount of methane escapes from wells. The wells have grossly under performed. The leases to the owner of the land is a complete lie to their income. The danger to the land is not worth the potential royalties.

"...Over 90 percent of the wells are uneconomic...."

Fracking has always been a bad investment FOR THE OWNER OF THE LAND! Don't do it. The average well produces methane for seven years. The entire sales pitch to land owners is a lie.

"Diminishing returns with plummeting revenues." The economic benefit of these wells is the initial start of the well. AGAIN, this is gas and not a solid. When the initial gas is accessed it leaks. There is a profound danger to this science in well drilling to the land, water and air. Fracking is without doubt the 2008 Housing Crisis of the petroleum industry. 

Jobs are lost in the tourism industry (which is completely sustainable to the future) when a state fracks its land.

Continued oil and gas drilling beyond profitability and at a loss to pay the debt service. The drilling of the land produces NOTHING to the land owner because beyond the initial drilling there is less income per dollar of debt for the petroleum company. Land owners MUST examine their royalty contracts to be sure they do not share in a negative balance sheets when the well is accruing losses and not profits.

The SEC allows corruption without independent third party assessments of the gas reserves. Every state has an environmental/conservation/resources agency. Where is the honest assessment by the state's own infrastructure?