With President Obama back in the White House next year, the Environmental Protection Agency (EPA) is expected to roll out a new regulation to control drilling techniques used to access natural gas. Even so, the expected surge in U.S. oil production will likely outpace political paybacks to green groups that can be uprooted over time……At a time when New York’s budget deficit exceeds $8 billion, the economic rationale for natural gas development cannot be dismissed. But it is possible to cajole politicians and frighten the public on basis of junk science. The environmental organizations opposed to fracking incessantly claim that it opens the way to water contamination. Here are some key facts:……………The Marcellus Shale cuts across New York, Pennsylvania, Ohio and West Virginia. It could potentially to help transform the world’s energy portfolio in manner that benefits America’s interest over the long-term. But this will require public policy decisions that rooted in sound science not unsubstantiated alarmism.
Monday, November 19, 2012
Paradigms and Demographics: New York Misses Out on Natural Gas Revolution as Junk Science Carries the Day
Posted by Mike Roark at 6:16 AM