Fracking is Safe: What You Must Know...
Presented by Ian L. Cooper
Fast Money Trader
"What good is cheap energy if its extraction ends up costing more," writes The Baltimore Sun.
"We all want a robust economy, and the oil and gas resources in the vast shale deposits are a resource that begs to be tapped - safely. When the fracking boom ends (granted, it may be a century or two from now) it will have left a depleted and despoiled landscape behind and have created billions of tons of greenhouse gases."
"Shouldn't we be promoting a full-scale effort to instead generate sustainable and clean energy resources through more efficient appliances, homes and manufacturing, green construction, as well as solar, wind, geothermal and tide energy production?"
Then, there's this.
According to the Upworthy blog, "A Seriously Scary Thing is Scheduled to Happen to New York City in November."
"This stuff sounded so insane that I had our professional fact-checkers comb through the whole thing. What's really crazy? Everything in this video is factual and true. And if New Yorkers can't stop this, what's the rest of the country going to do," asked the editors of the blog.
The video - making its rounds to those easily manipulated and scared - would have viewers believe there will be an explosion in the West Village if fracked gas is used.
I don't know whether to laugh or cry at the absurdity.
First, there won't be an explosion. Two, there are other natural gas pipelines already in place under the streets of New York, including the 1,100 mile Algonquin Gas Transmission system, the 182-mile Millennium Pipeline, and the Iroquois Gas Transmission system.
Fracking has been revolutionizing US energy production for decades, as green initiatives have been disgraceful, bankrupt failures.
The Baltimore Sun's claim that fracking will have "created billions of tons of greenhouse gases" is false, too. In fact, according to Jeffrey Frankel, a professor at Harvard University's Kennedy School of Government, and former member of President Clinton's Council of Economic Advisers:
"Against all expectations, US emissions of carbon dioxide into the atmosphere, since peaking in 2007, have fallen by 12% as of 2012, back to 1995 levels. The primary reason, in a word, is "fracking." Or, in 11 words: horizontal drilling and hydraulic fracturing to recover deposits of shale gas."
The misinformation paraded by fools is laughable. Most of their claims have been disproven. They still fail to understand that fracking fuels our energy independence from international hotspots. They fail to understand that fracking is safe, according to environmentalists.
But why let facts get in the way.
AI
