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Will Fracking Go Bust in Pennsylvania?

2013-09-16 15:46:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: In 2012, journalists began warning of an impending bust in Pennsylvanias fracking boom. Since 2010, experts found, drilling in the Marcellus Shale formation--one of the largest in North America--has seen a 50 percent decline in natural gas production, according to the Philadelphia Daily News. The number of drilling rigs skyrocketed from 20 in 2009 to 120 in 2011, making the state the de facto ground zero for the fracking revolution. Now that number has dropped to 90--though the total number of wells...

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Exxon Mobil Faces Criminal Charges That Concern the Fracking Industry

2013-09-13 21:45:08| Chemicals - Topix.net

Three years ago, Exxon Mobil acquired natural-gas producer XTO Energy for $34.9 billion, largely to take advantage of the company's hydraulic-fracturing expertise.

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Exxon Mobil Faces Criminal Charges That Concern the Fracking Industry

2013-09-13 21:18:37| Oil & Gas - Topix.net

Three years ago, Exxon Mobil acquired natural-gas producer XTO Energy for $34.9 billion, largely to take advantage of the company's hydraulic-fracturing expertise.

Tags: industry charges mobil concern

 

United Kingdom: High Court to rule on Balcombe fracking protest

2013-09-13 18:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: The seven-week protest against potential fracking in the West Sussex village of Balcombe could end abruptly next week after the High Court agreed to rule on whether the protestors should be forcibly evicted or allowed to stay. About 80 people are camped out along the grass verges on the side of the London Road, where the fracking company Cuadrilla has been drilling in search of oil. On Monday, the protestors were served with an eviction order demanding that they vacate the area by 9am on Tuesday....

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'Fracking' debate erupts

2013-09-13 12:16:09| Waste Management - Topix.net

Conway Township resident Ana Raymer says she fears that nearby 'fracking' could one day contaminate the water that her family drinks on their Pierson Road farm.

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