Pennsylvania Gears Up for More Shale Gas
At a conference in Washington, DC, academics from Penn State University discussed the geology and economics of the natural gas that lies beneath the western part of the state. Presentations at the US Energy Association-sponsored event may be viewed here.
Shale gas resides in small pockets scattered throughout rock formations 2,000 feet or more below the ground. Hydraulic fracturing techniques and gas prices well above $3 per million BTUs have made extraction of shale gas economically viable in the past decade. Pennsylvania has permitted more than 2,500 wells in recent years.
Professors with the Penn State Marcellus Outreach Center responded to criticism that shale gas production threatens water supplies. They said that the depth of Marcellus shale is too far below water tables for the fracturing process to harm them and that proper casing of pipes going through water tables are designed to protect them.
Shale - Stories, Links and Resources
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The Washington Post - 2013-05-18
3 Foreign Companies Invest in U.S. Project to Export Liquid Gas
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Judge rules administration overlooked fracking risks in California mineral leases
Reuters - 2013-04-09
Frackers Are Losing $1.5 Billion Yearly to Leaks
Mother Jones - 2013-04-05
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Digging into the practice of fracking
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NYTimes.com - 2012-10-23
Global Resources News stories
Links for the search term: Shale
Economic effects of shale hydrofractruring in Ohio counties
Ohio job growth has been almost as strong (1.3% increase) in fracking-free counties as in strong fracking counties (1.4% job growth).
Forbes Columnist forecasts $8 Natural Gas
Describes below-average injections into storage during the spring and summer of 2012.