The line above is (mostly) taken from the poem by Samuel Taylor Coleridge, ‘The Rime of the Ancient Mariner‘. It seemed relevant when addressing the issue of water usage in hydraulic fracturing, as the poem provokes a similar range of emotions – from horror to incredulity to fascination. I haven’t set out to validate or vilify the relationship betwixt water and fracking, just present some background info. Which is this:
Archive for the ‘Economy’ Category
It is with great pride and not a small amount of excitement that I announce I will be launching a new endeavor next week as the author of the subscription-based publication, ‘The Daily Distillation‘.
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Although it is easy to get caught up in the vastness of the volume of fossil fuels we continue to consume, we are increasingly being presented with positives as we move – albeit slowly – along a path toward a lower carbon-emitting future. So here are a few hat-tips towards said precedents of progress from recent days…from China coal to California cool. » read more
Today’s segment on Fox Business focuses on the potential that oil’s goose is cooked (for now). I may well be wrong that the $112 seen recently on WTI is the high for the year. But even if it isn’t, lower gasoline prices are in store. Which is a good thing. Hooray!