Tuesday, January 24, 2012

Technology (Opinion):

Separating the Fracs from Fiction (MoneyShow.com)

Not only does America have the (energy) reserves, the fracturing process that can unlock them has been demonstrated as safe—and equally important, not demonstrated as not safe. And the industry that uses it seeks and incorporates improvements along the way.



Fracking is getting a lot of attention, and if it’s not a household word now, you can expect by the end of this year everyone will be choosing one side or the other in this emerging energy and economic debate, writes Marin Katusa of Casey Research.

To many walking the planet, fracking has a seriously bad reputation. Thanks to hyperbole and misinformation, fracking opponents have convinced a lot of people that the operators who drill and then hydraulically fracture underground rock layers thumb their noses at and even hate the environment.