Wednesday, April 24, 2013

We frack our water so it is not drinkable, we have pipeline spills which trash rivers and towns, WE SELL THE OIL OVERSEAS SO OUR GAS AND OIL PRICES ARE HIGHER


Patzek, an expert in unconventional gas recovery who has extensively studied U.S. shale plays, called congressional boosters of unlimited exports "delusional" in an interview with AlterNet.
"This is the same argument over and over again," he added. "If we have a boom, then twice the boom is always better. Right? Well, not necessarily."
Domestically, natural gas remains cheap, hovering around $3.50 per thousand cubic feet (Mcf). But in Europe and Asia, respectively, prices are three to nearly five times that amount. 

I don't know of anybody who's studied this who doesn't acknowledge that prices will go up," said Art Berman, an oil and gas geologist who heads the Houston-based geological consulting firm Labyrinth Consulting. "So if we lock ourselves into 20-year contracts to export X number of billions of cubic feet a day, well, that's going to increase the price. And that's really what it's all about." 


http://www.alternet.org/fracking/get-ready-higher-prices-and-less-energy-security-our-natural-gas-reserves-are-being?akid=10360.294211.67VZRS&rd=1&src=newsletter829656&t=3

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