Biotech Values

[OakesCS]

[OT] Natural-Gas Production Goes from Bust to Boom; Prices Plummet

apljack,
I don't know anything about the regulatory processes but it wouldn't surprise me if shale gas development in Arkansas (and some other states) is "relatively unregulated". That is undoubtedly part of the reason why there are so many 'mom & pop' service companies & operators in the shale gas business. The fouling of surface water is why the guy I mentioned earlier was paying $4/gallon for the water he was using in the fracturing process. But that was either PA or NY and the population density is sufficiently high in that area that regulations were already in place.

one of the things i do is try to find better (which includes environmentally more friendly) ways of developing these resources. CO2 is something that has been considered but it's not a panacea and it wouldn't stay in the ground in this case. Because most of it would be produced with the natural gas after stimulation it makes the natural gas unsaleable without separation and wellhead separation is currently impractical in most cases.

Before I forget again I'll take the opportunity to thank the folks on this board for sharing their knowledge. I don't get much opportunity to reciprocate.
cheers,
Charlie