Do we have enough water to frack our way to energy independence?

dried mud in drought

In chemistry you quickly discover that oil and water don’t mix. The same is true in the energy industry. It’s unfortunate, because the new fuel sources that the International Energy Agency claims will allow North America to reach energy independence require tremendous amounts of water. Whether it’s from shale plays or the oil sands, millions of gallons of water are needed to pull that energy out of the ground. Alberta’s oil sands mines require more than three barrels of water to … [Read more...]

Gas frackers attack fiery documentary

GASLAND film poster

When Gasland was nominated for an Oscar for best documentary feature in January, the natural gas drillers were furious. "While it's unfortunate there isn't an Oscar category for propaganda, this nomination is fitting, as the Oscars are aimed at praising pure entertainment among Hollywood's elite," executive director Lee Fuller of industry group Energy In Depth said in a statement. "Without doubt, the Academy of Motion Picture Arts and Sciences nominated 'Gasland' for its work in the field … [Read more...]

The great white shale

Leapfrogging into the dustbin of history.

Everybody likes good news. But perhaps nobody likes good news as much as exuberant traders and financial advisers who are in the business of selling willing investors on making a quick buck off the next greatest thing to come rolling down the pike. Such is the case for American shale gas, which, to hear it from some analysts, offers a Saudi Arabia on American soil, or rather, 11—count them—11 Saudi Arabias of natural gas just a waitin' to be primed for a payday. The implication? Poke a … [Read more...]