Seeking Alpha
  • Chris Lau
    Nat gas under $3 for the first time in 2 years - via ZH $CHK $BHP
    12/30/11
    Reply (13)
    • User 509088: old rule of thumb- wait til $4 for trend. these days, who knows? fracking causing earthquakes, if proven, will really change this play.
      12/30/11
    • TonyNed: Fracking also causes pollution of nearby groundwater. Don't count on it being stopped anytime soon though.
      12/30/11
    • User 509088: the water prob- poor cementing and such. but there's already been one study that sugg's it can turn the deeps to slurry.
      12/30/11
    • REIT: look at what they are giving cows ,the milk we drink ,i saw some scary cows what im trying to say fracture and polluting the earth is easy
      12/30/11
    • User 509088: apparently drinking milk as a teen is linked to prostate cancer. frank zappa and hugo must've drank a lot!
      12/30/11
    • REIT: no shame no more
      12/30/11
    • johnybutts: The EPA report you cite Tony is sort of misleading
      12/30/11
    • johnybutts: They chose a play in which the groundwater is adjacent to the hydrocarbons in question.
      12/30/11
    • johnybutts: Now that could be good scientifically - if you don't find pollution there, you can easily say there won't be pollution elsewhere.
      12/30/11
    • johnybutts: or it could be political, that's your best chance to find pollution of groundwater - because you're fracking into the groundwater zone.
      12/30/11
    • johnybutts: But when you consider MOST of these shale plays. The groundwater is THOUSANDS of feet from the fracked zones. protected by that rock
      12/30/11
    • johnybutts: and 4 layers of cement and steel. So... that's my take on it.
      12/30/11
    • Pike Puk: Tonnages? 155 Million metric tons they may let us see and they may not.
      1/19/12