No fracking rush in New York - not this year, not next, not this decade . . . http://www.scribd.com/doc/71446252/New-York-Shale-Gas-Frackonomics Not even with a propane commie clusterfrack http://www.nofrackingway.us/2012/04/05/tioga-commie-clusterfrack-accounting/ Not even with voodoo frackonomics http://www.scribd.com/doc/88281876/The-Shale-Game-Frackonomics-5-0 Natural gas below $2 for first time in a decade By JONATHAN FAHEY AP Energy Writer NEW YORK (AP) -- The price of natural … [Read more...] about Nat Gas: No Fracking Rush In NYS
Last refuge of Tom West
Frackin' Tom West just happened to be walking by a well-publicized anti- fracking rally. And he just happened to get himself quoted in the press. Here is Frackin' Shale $hill Tom at his show-boating lobbyist best: The protest did, however, attract a natural gas industry lawyer and lobbyist Tom West, who became involved in a civil debate with the protest organizers after noticing them on the street. (as if he was just passing by ) "We killed and mutilated many Americans over oil," West said. … [Read more...] about Last refuge of Tom West
Grisanti’s Fracking Loopholes
The 5 Grisanti bills each codify the water use thresholds that would exempt a frack job of under 300,000 gallons from the SGEIS review propose. Meaning any propane frack job would fall outside of the scope of the SGEIS. And any small horizontal water frack - 300,000 gallons or less - does not have to meet the environmental safeguards proposed in the SGEIS. The SGEIS pertains to gas wells that consume 300,000 gallons of water or more during the frack. Gas wells that consume less than this … [Read more...] about Grisanti’s Fracking Loopholes
Jessica Ernst Coming to New York May 20 - 23
Jessica Ernst, who is speaking in NYS this month, is suing a fracker for gassing her water. http://www.youtube.com/watch?v=eXChH1xw4Rk When a gas well leaks, it can release gas into groundwater Along other downhole pollutants - particularly lighter-than-water chemicals that rise to the top. http://www.scribd.com/doc/88638408/How-Gas-Wells-Gas-Water The study shows an overall leakage rate of about 15% - (on an 7 well pad = 100% probability of a leaker) The percentage for … [Read more...] about Jessica Ernst Coming to New York May 20 - 23
Tioga Napalm Clusterfrackonomics
The deal terms on the Tioga Landowners Propane Commie Clusterfrack are leaking out. And they are a classic Catch 22. If you eliminate the 12.5% royalty and use a frack method that is 12.5% + more expensive, there is no cost savings. It's just commie accounting. The landowners put their land/mineral rights/ first born into an operating company for majority ownership of a working interest in a speculative well (which makes them/ their land liable for operating risks, losses, liabilities and … [Read more...] about Tioga Napalm Clusterfrackonomics
The Shale Game Exposed by Deborah Lawrence
If you get a chance to see Deborah Lawrence speak, take it. She explains The Shale Game better than anyone. And perhaps more importantly - before anyone (other than Art Berman) and years before The Wall Street Journal, ctc. http://energypolicyforum.com/ Simply put, The Shale Game is a whole a lot like the Sub-Prime Mortgage Market - before it hit the fan . . . Like Sub-Prime Mortgages, The Shale Game is dependent on systematically over-valuing an asset on the financial … [Read more...] about The Shale Game Exposed by Deborah Lawrence
Road Use Agreements
Probably the most inadvertently comical line I hear at shale shows is this one: "Sure the frack trucks tear up the roads. But they fix them so that they are as good as new." Followed by the punch line: "So we don't need a road use ordinance." Well, actually your town and county do need road use ordinances. Since depending on the kindness of Texans is not advisable. Even in Texas. Where they have road use agreements: http://occainfo.org/documents/SouthlakeTexasroadpermit.pdf Because a … [Read more...] about Road Use Agreements
Denials by the Fracker’s Denier-In-Chief
This is a great article on the Fracking Denier - in - Chief Aubrey McClendon. (Aubrey ? Wasn't Steve Allen married to Aubrey Meadows ? ) Denial is a way of life for frackers, a business ploy, and something their lawyers and PR flaks tell them to do. The reason why they deny everything is something any Mob Boss would understand: They're crooks If you are doing something you should not be doing - you deny it until you get caught Every 4 year old with a larcenous streak has figured that … [Read more...] about Denials by the Fracker’s Denier-In-Chief
Tioga County Napalm Clusterbombs
Update : http://www.nofrackingway.us/2012/04/05/tioga-commie-clusterfrack-accounting/ The deal makes the landowners co-owners of the operating company. Meaning when it loses money , they lose money. When it encumbers the land, they get encumbered And when it gets sued, they get sued. Adding new wrinkles to the normal role of royalty owner : liability and debt There will be multiple commie clusterfrack operating companies - At current gas prices, none of them would make a … [Read more...] about Tioga County Napalm Clusterbombs
Tom West’s April Fools Middlefield Appeal
Tom West claimed he had a Mystery Memo that would cause the trial court to reverse the Middlefield decision. That this 31 year old Mystery Memo would, per Frackin' Tom : "Forbid local land use ordinances" http://thedailystar.com/localnews/x1615715264/Lawyer-1981-document-forbids-local-land-use-laws The 31 year old Mystery Memo predates most of the case law and statutes cited in both cases. Meaning the case law and subsequent statutes would control. Not the 3 decades old Mystery … [Read more...] about Tom West’s April Fools Middlefield Appeal
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