![[Valid Atom 1.0]](valid-atom.png "Validate my Atom 1.0 feed")
FRACKING DEAL, MODEL FOR THE COUNTRY * USA
* Illinois - Oil industry officials, environmentalists reach common ground on rules
Chicago,ILL,USA -Associated Press/The Detroit News, by Tammy Webber -March 9, 2013: -- After years of clashing over the drilling method known as hydraulic fracturing, or "fracking," the oil industry and environmentalists have achieved something extraordinary in Illinois: They sat down together to draft regulations both sides could live with... If approved by lawmakers, participants say, the rules would be the nation's strictest... The Illinois model might also offer a template to other states seeking to carve out a middle ground between energy companies that would like free rein and environmental groups that want to ban the practice entirely... Fracking uses a high-pressure mixture of water, sand and chemicals to crack and hold open thick rock formations, releasing trapped oil and gas. Combined with horizontal drilling, it allows access to formerly out-of-reach deposits and has allowed drillers to move closer to populated areas... The industry insists the method is safe and would create thousands of jobs — possibly 40,000 in the poorest area of Illinois, according to one study. Opponents say it causes water and air pollution and permanently depletes freshwater resources...
* California - An Overview of the "Fracking" Process
The process known as "fracking" has long been used to extract oil from depleted wells. It is now widely used across the country to tap previously unreachable oil and natural gas locked within deep rock formations.
1. Well may be bored using directional drilling, a method that allows drilling in vertical and horizontal directions to depths of more than 10,000 ft. (3,048 m).
(Graphic by Doug Stevens/Los Angeles Times)
Labels: oil news
posted by Unknown @ 6:10 AM
0 Comments:
Post a Comment
<< Home