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:
Posts Tagged ‘fracking’
Good day, and I bid you happy Friday! Energyland™ continues to be on one heck of a rollercoaster ride, with crude oil’s direction this week mostly dictated by the tension in the Middle East. Rising tension = rising prices. As for natural gas, its recent rally has run out of steam as a lack of hurricane activity as we approach the peak of the season (hark, on Tuesday) has spurred on selling, while late-summer heat is not enough to drive on demand to bring on further buying. Snacks ahoy! » read more
Wowee. What a week. After last week’s post-Fed craziness and subsequent sell-off, this week has seen the crude complex gradually unwinding the wall of worry built up by fears of the end to stimulus. As for natural gas, it has not only been pummeled to a 3.5-month low by ongoing mild weather (and low demand), but has dropped below the significant level of the 200-day moving average. Snacks ahoy! » read more
Nick Grealy is one of the leading advocates of shale gas in Europe. As well as being the publisher of the site No Hot Air, Nick consults on the impact of shale gas, and has appeared in front of UK Parliamentary Committees and on such shows as BBC’s Newsnight to discuss the topic.
Nick is very passionate, opinionated, and a little eccentric. In a world in which shale gas is generally portrayed in a negative light, Nick instead sees it as a bridge to a low carbon environment. So enjoy below some colorful responses from ‘The Shale Gas Guru’. » read more
I bid you good day! And we reach the end of a perturbing week, in markets and otherwise. Crude prices have plundered lower under the weight of renewed economic concerns kick-started on Sunday night by China. Meanwhile, natural gas has thundered higher to reach a new 21-month high on a smaller-than-expected injection to storage and the prospect of lingering heating demand. As for now, kick back and relax, and dine on these snacks: » read more