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by niftich
3344 days ago
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Moreover, what's driving low natgas prices in the US is the use of hydraulic fracturing -- 'fracking' -- which injects some fluid, often water, horizontally along an entire layer of shale to free the trapped gas. This technique enabled formations like the Marcellus Shale [1] in WV, PA, OH, NY to be economically viable to extract, and this formation grew to be the largest producer of natgas in the US. There are many unanswered questions about the long-term impact of hydraulic fracturing on seismic stability and on groundwater, and the technique is under scrutiny in many parts of the world. Predictably favored by energy-lobbyists and opposed by environmentalists, fracking remains a contentious issue whose future in the US could depend on a "simple" party change -- hardly a sure bet. [1] https://en.wikipedia.org/wiki/Marcellus_Formation |
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[1] https://earthquakes.ok.gov/what-we-know/earthquake-map/