Replies to post #76985 on Biotech Values

[apljack]

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

"The process of fracturing and producing gas shales is primitive and cheap and the shales are extensive so there are a lot of 'mom and pop' companies involved."

Not just a "mom and pop" issue, the process is relatively unregulated. In Little Rock, the disposal of the tailings/mud and deisel waste in a BFI landfill within the city limits has raised a big stink, literally. The city is preparing to ban the spreading of the tailings, particularly after the waste apparently has fouled a major city watershed that has been the successful focus of past cleanup efforts.

http://www.todaysthv.com/news/local/story.aspx?storyid=84183&catid=2

There will ultimately likely be a NIMBY reaction to the disposal of the waste, the development of regulation that will add cost, and the moderation of the boom.

The gas explorers are wildcatting right now. Too bad the chemistry and physics aren't right for using CO2 for fracturing the shales, there's plenty of that to go around.

aj

[DewDiligence]

[OT] A true global market for NG?

#msg-41374691