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Wednesday, February 29, 2012

Money Tree, Jobs, and Parallel Universes

Ms Jackson needs more money to study safety of hydraulic fracking.
More study is needed to understand the ecological impacts of the drilling technique known as hydraulic fracturing, U.S. Environmental Protection Agency Administrator Lisa Jackson said Tuesday in an effort to get Congress to fund more research into the practice.

The agency is expected later this year to release a draft of a study looking at the drilling technique's impact on water quality. It recently requested about $8 million in additional funding from Congress to work with other government agencies on more research.
Just give her a blank check. It will save time for Congressional staffers.

Meanwhile, in the real world, Utica oil and gas will create 65,000 jobs, $5 billion for the state of Ohio.

It is really, really difficult for me to believe that Congress will let Ms Jackson shut down fracking the oil and gas industry in the United States.  

No wonder Ms Olympia Snowe felt senators were living/working in parallel universes.

1 comment:

  1. The MarkWest call has a lot on NGL markets, especially ethane. They will have 1.5 BCF of processing capacity in Appalachia, so a market is a good thing.

    http://investor.markwest.com/phoenix.zhtml?c=135034&p=irol-presentations

    The ND hearing examiners kept asking about flaring or capture of Nat gas today. All day long. Nags. That is a good thing.

    anon 1

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