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Boom times for traditional energy sources

Discussion in 'Other News' started by Baack, Aug 15, 2008.

Aug 15, 2008 #1

Baack Road Train Member

15,294

10,174

May 24, 2007

Wisconsin

0

High prices are driving increased extraction of oil and other fossil fuels

AMWELL, Pa. - The guys on the derrick, filthy with mud and grease, have the best view in the county. Their drilling rig rises from a bulldozed, flattened patch of meadow near the top of a hill. To the south is an old farmhouse and a white barn. Hay bales dry in the sun.
It's classically pastoral as far as the eye can see, which makes all the more dramatic the presence of this derrick, 160 feet high, and the construction trailers, and the mud gushing into a holding pond, and all the roaring machinery.
Heavy industry has invaded the countryside because of something called the Marcellus Shale. It's a layer of hard, black rock, more than a mile down. Trapped in tiny pores of that rock is a huge quantity of natural gas. The Marcellus Shale could become what people in the natural gas business call a big play.
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http://www.msnbc.msn.com/id/26211007

Baack, Aug 15, 2008

Baack, Aug 15, 2008

#1
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