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Originally posted by kdog1982
Just discovered some interesting info on an oil company that was concerned about fracking in Oklahoma and earthquakes.
Hopefully more to come.edit on 20-11-2011 by kdog1982 because: (no reason given)
Like some insider info.edit on 20-11-2011 by kdog1982 because: (no reason given)
He also said that he didn’t expect any problems from the quakes because “…most are happening in the middle of nowhere where the drilling is going on.”
The epicenters of the quakes were at different depths – another indication that they are not fault-based and instead are caused by the drilling, Al-Shukri said.
“When someone extracts oil or injects a lot of fluid into the subsurface, it causes a tip in the balance,” he said. “These quakes are the result of that imbalance.”
Wall Street Journal Link
But authorities said that a visual inspection suggests that the pipeline failed at a weld similar to those that caused problems, including an explosion and fire in northeastern Ohio, in February and March. The high-pressure pipeline, three feet in diameter, runs from Kentucky to Pennsylvania.
The pipeline was a 36-inch carbon steel pipe, built in 1963. The last time it was given a hydrostatic strength test was in May 1971, Soto said. The last in-line inspection was in June, and in March the company did an aerial inspection of the line to check for leaks, he said.
If all goes well, this new technology may even lead to an American industrial renaissance and opportunities for tremendous profits.
Shale gas is unique because, for now at least, it is 'stranded' here in the continental United States. At the moment, there is no way for this gas to be sold on the world market. However, the country's first liquefaction plant, which will allow liquefied natural gas (LNG) to be exported is now under development by Cheniere Energy (NYSE: LNG) in Louisiana. Since natural gas is stranded and there is so much of it, it is much cheaper here than in other parts of the globe. The cost of natural gas in the U.S. is now half what it was just three years ago. In comparison, natural gas prices in Asia are three times higher than they were three years ago.
talking about fracking off shore NC no less. The area they want to drill near is a National SeaShore with way sensitive environmental habitats
Dozens of protestors gather in NC capitol against “fracking" bill
BLUFFTON, S.C. — Newt Gingrich says seaports in both Savannah and Charleston, S.C., need deeper harbors so they can handle supersized container ships.
the Republican presidential candidate says he'd pay for the projects by increasing offshore drilling for natural gas.
2.2 2011/12/07 09:48:54 32.942 -80.132 3.2 8 km ( 5 mi) SSE of Lincolnville, SC
Environmentalists Concerned About Fracking in Saline Co.
Earthquakes induced by human activity have been documented in a few locations in the United States, Japan, and Canada. The cause was injection of fluids into deep wells for waste disposal and secondary recovery of oil, and the use of reservoirs for water supplies. Most of these earthquakes were minor. The largest and most widely known resulted from fluid injection at the Rocky Mountain Arsenal near Denver, Colorado. In 1967, an earthquake of magnitude 5.5 followed a series of smaller earthquakes. Injection had been discontinued at the site in the previous year once the link between the fluid injection and the earlier series of earthquakes was established. (Nicholson, Craig and Wesson, R.L., 1990, Earthquake Hazard Associated with Deep Well Injection--A Report to the U.S. Environmental Protection Agency: U.S. Geological Survey Bulletin 1951, 74 p.)