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Man Up to a Frack Takings Farce

July 31, 2014
Man Up to a Frack Takings Farce

After two strikes, Shale Shyster Scott Kurkoski is going for a complete fracking strike out- as soon as he can milk some more legal fees out of some clueless dairy farmers or the Koch Brothers. My advice to landowners and Koch Brother front groups: get out your check books and get those lawsuits filed. Why wait ? Avoid the rush. Here’s what you have going for you: 1. None of the prospective plaintiffs have ever bothered to actually file a HVHF drilling permit application. Don’t let that stop you, it’ s your right to file that’s at issue. Right ? 2. The main thing that is stopping you from fracking yourself silly is the temporary moratorium on one specific type of well, which you think is illegal – you even […]

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Fracking’s Red Queen Financing

July 31, 2014
Fracking's Red Queen Financing

Deborah Rogers has been predicting this for years – fracking finance is the Red Queen Effect writ large. The frackers have to frack more wells – with junk debt – to try to maintain the same levels of unprofitable production.  Or the music stops and they implode. Also known as the Greater Fool theory of finance. . . . How Fracking Is Sustained With Junk Debt  Posted on July 31, 2014 by Lambert Strether By Wolf Richter, a San Francisco based executive, entrepreneur, start up specialist, and author, with extensive international work experience. Originally published at Wolf Street. Fracking has caused an uproar in local communities and split some in two. It has brought environmentalists to a boil. It allegedly caused tap water to go up in flames. A documentary was made in its honor. It […]

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Leaky Gas Well ? Good Fracking Luck

July 30, 2014
Leaky Gas Well ? Good Fracking Luck

Once a shale gas well starts to leak, there’s nothing much you can do about it. Although the frackers may pretend otherwise. Because sooner or later most of them are going to leak outside of the steel casing (before it rusts away) and outside of the cement sheathing, which will shrink away from the well wall, then crack. The gas will just go around whatever you pump down the hole – leaking between the cement and the well wall. Make the  well wall bigger, pump more cement down, gas goes around it. Bigger hole, more cement. Repeat.  As they are finding out the hard way in Fracksylvania. Shale Gas Wells Leaking Methane for Years. By Brendan Gibbons Published: July 30, 2014 Five natural gas wells in Bradford County have leaked methane […]

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Safe Water in Unfracked New York

July 30, 2014
Safe Water in Unfracked New York

There is no better way to contaminate thousands of square miles of groundwater than via fracking. Horizontal shale wells are more than 4 (four) times as likely to vent methane into groundwater than conventional vertical wells, as the chart from this report shows: (In Canada, where this report is from, horizontal wells are referred to as “deviated” wells. Drilled by deviants, which is what frackers are called in Canada) A new report by a team of researchers has found that water in the proposed Frack Zone in New York is safe. Probably because it’s unfracked. And not polluted with frack filth. Yet. SCVF and GM refer to tests for methane leakage. So not surprisingly, when teams of researchers tested groundwater in New York, where there are no shale gas wells, they found […]

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Koch Sock Puppets Appeal Political Publicity Stunt

July 29, 2014
Koch Sock Puppets Appeal Political Publicity Stunt

On cue, the Disjointed Landowners of New York, whose legal fees are being subsidized by the Kochs, and the receiver for Norse Energy, the assets of which have been bought by a Koch vulture fund, are appealing their fracking publicity stunt against the state of New York – on behalf of their common benefactors, the Koch Brothers. Because none of the landowners bothered to actually read the ruling, and because the Koch Brothers are paying the lawyers, and because this is nothing more than a political publicity stunt, this has now morphed into Koch vs Cuomo. The filing was a stapled-together frackastrophe, sold to the landowners as a takings lawsuit, but filed as an SEQRA challenge – that read as a takings claim. The judge had no choice but to toss the misbegotten mess. Landowners […]

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Why Forced Pooling Should Not Apply to Fracking

July 29, 2014
Why Forced Pooling Should Not Apply to Fracking

Forced pooling – the compulsory integration of mineral rights owners into a well – does not technically or legally apply to shale gas wells – and therefore should not be applied to them by the state.   Trying to apply compulsory pooling to shale gas wells can only mean one thing: the privatization of eminent domain by the state on behalf of the frackers – who have paid for the privilege via bribes to the legislature and regulators. Forced pooling is intended to consolidate multiple vertical wells that drain a common pool of oil or gas into one shared well. This assumes that the pool is contained in rock that is porous and permeable enough (think an open cell  sponge or foam) to allow the gas or oil to move […]

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From the Dog House to the White House for Andy ?

July 26, 2014
From the Dog House to the White House for Andy ?

Not fracking likely. There never was much hope for this guy on the national scene – he was clearly just another victim of the Rick Perry Syndrome, whereby a local political celebrity is lead to believe they are Presidential timber by their own camp followers. Now there is no fracking chance, since the Rick Perry Syndrome assumes that the potential candidate is a knight in shining armor – even if they are just another political air-head like Rick Perry,  No such situation here. Cuomo is going to ride this into the ground  - ie. a job in the Hillary Administration. Paging Zephyr Teachout . . . A Situation Cuomo Can’t Control Anymore   By Blake Zeff 5:34 a.m. | Jul. 25, 2014 3follow this reporter The New York Times A-1 blockbuster that Andrew Cuomo’s team was […]

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How Chesapeake Scams Landowners

July 25, 2014
How Chesapeake Scams Landowners

Let me count the ways . . . Perhaps the most outrageous scam is when the frackers charge landowners (royalty owners) downstream, post production costs – the costs to get the gas to market. And no fracking scammer is better (worse ?) at this than Chinapeake Energy - America’s Biggest Fracking Gashole, who is hell bent on getting as much of America’s 100 Year Supply of Natural Gas to China as soon as fracking possible. The chart below highlights how much Chesapeake scams landowners for per mcf = about $1.25 on “transportation costs” alone, the blue bar at the bottom of the bar chart below. The average transport costs is about $.25 mcf from the Marcellus based on the latest frackers’ financial reports. But Chesapeake reports $1.50 mcf – because they are dunning […]

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Fracked Anywhere in Colorado ?

July 25, 2014
Fracked Anywhere in Colorado ?

The Longmont frack ban trial court’s decision was based on a 1992 court ruling  that predates shale fracking.  So this is a glaring example of where the case law and the legislation have not kept up with the technology. The Colorado law assumes that oil and gas is extracted from a “pool” of porous permeable rock – and that such a reservoir can be tapped underneath a neighboring political boundary. Such is not the case with fracking – the extent of the area tapped is a function of the length of the lateral – beyond which little or no gas is extracted. So the “pool extending beyond political boundaries” premise in the law does not apply.  A shale gas well in one town is not going to drain from under […]

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13 Counties Have Banned Frack Filth in New York

July 25, 2014
13 Counties Have Banned Frack Filth in New York

Like the original 13 colonies, these counties have taken the Green Tea Party approach and told the frackers to take their fracking filth elsewhere. Clinton County, named after the Revolutionary War Hero General Clinton, is the latest to pass the County IQ Test – which gives it honorary membership as a Texas county – where spreading frack filth on roads is illegal. Any municipality or county can simply refuse to spread frack filth on its roads – that is an executive decision. Any county or town that does not do so is putting its residents in harm’s way. Has your town or county banned frack goo from its roads ? What are you waiting for ? A frackastrophe ? http://wamc.org/post/clinton-county-passes-fracking-waste-ban Clinton County Passes Fracking Waste Ban By PAT BRADLEY Listen to the […]

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