End of fracking.....economic impact to United States

[Brownshoe]

(04-12-2016, 12:07 PM)fredtoast Wrote: Regulation reduces the profit, so it will never happen.

So right now we are talking about massive uncontrollable earthquakes versus cheap gas.

Plus the EPA did NOT clear fracking of contaminating drinking water.  In fact they found that it did cause contamination of drinking water.

The agency found “specific instances” where the integrity of fracked wells or the handling of wastewater ended up affecting drinking water. 

The EPA said in a release that its analysis “shows that while hydraulic fracturing activities in the U.S. are carried out in a way that have not led to widespread, systemic impacts on drinking water resources, there are potential vulnerabilities in the water lifecycle that could impact drinking water.”

Good thing the companies aren't the ones making laws. Otherwise regulations would never happen. So it's not earthquakes vs cheap gas + lower carbon footprint. It's about the inept government keep looking the other way while they let fracking go under regulated.

Here is the source showing the EPA clearing fracking.

https://yosemite.epa.gov/opa/admpress.nsf/21b8983ffa5d0e4685257dd4006b85e2/b542d827055a839585257e5a005a796b!OpenDocument

"Specific instances" doesn't mean that fracking causes impact to drinking water. Even in your quote it says "fracturing activities in the U.S. are carried out in a way that have not led to widespread, systemic impacts on drinking water resources". The analysis that they released even said that it's all preventable with regulations.