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Re: Lowjack post# 42576

Thursday, 07/10/2014 4:16:59 PM

Thursday, July 10, 2014 4:16:59 PM

Post# of 47295
Oh yea; As for Nat Gas I'm not a consistent player of the Oil & Gas sector. So don't know the saying about yearly entry.

Will mention I've been reading some about the fracking boom for USA energy and see a possible major problem area raising it's ugly head. Naturally the big money has killed any major problems with communities stopping fracking due to ground water problems.

But now there is some strong seismic data showing MAJOR increased earth quakes caused by deep water well injection of byproduct storage. Event if US government isn't going to do anything because of money involved. (Lobby power) Local laws are tightening restrictions fast. This could and IMO should, slow the US energy boom. We're killing ourselves slowly for the sake of oil & gas. Not fast with new wars.

Just some back ground info I found interesting. It think it's Montana which has over taken California in number and size of earth quakes since the fracking boom there. From less then 100 to over 500.

Interesting subject.

Welcome to my mind!

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