Costs and hazards of unconventional natural gas extraction

I learned something new and useful while watching Energy Now’s July 24, 2011 show titled The Promise and Problems of Shale Gas. If I want to attempt to get an honest answer from natural gas industry promoters about the potential hazards of extracting natural gas from unconventional formations like coal beds and shale, I cannot…

Nuclear industry leaders are wimps – it’s time to fight back!

I am getting increasingly frustrated by the cowering and covering attitude of the people in leadership positions within what is sometimes called “the nuclear industry.” Please understand that I am NOT talking about covering up in the sense of hiding bad information, I am talking about the kind of covering done in a boxing ring…

Chesapeake Energy wants “five or six dollar” gas

CNBC’s Jim Cramer invited Aubrey McClendon, the CEO of Chesapeake Energy, onto his Mad Money show on June 28, 2011 to talk about the recent Ian Urbina articles (June 26, June 27, and June 28) in the New York Times. Cramer wanted to give McClendon a chance to tell the natural gas story from a…

Good for ExxonMobil does not mean good for American public

The oil and gas industry public relations organizations are spinning up in response to the New York Times pieces on the long term viability of natural gas produced by hydraulic fracturing. (See Behind Veneer, Doubt on Future of Natural Gas and S.E.C. Shift Leads to Worries of Overestimation of Reserves) Several commentaries appeared yesterday that…

Fracking – energy revolution or skillfully marketed mirage?

Though the technique of injecting large volumes of high pressure water and chemicals into shale formations will result in the trapped natural gas being released, the people quoted in the NY Times article do not agree that the technique magically produces low cost gas in unprecedented abundance. The New York Times published an article on…