Comment on Forbes fracking piece

Re-posting a comment I made to this Forbes piece:  www.forbes.com/sites/lorensteffy/2013/11/29/new-yorks-fracking-hypocrisy-underscores-energy-illiteracy/?fb_action_ids=10201093779532116&fb_action_types=forbessocial%3Acomment&fb_source=aggregation&fb_aggregation_id=288381481237582

It’s a lot more complicated than Mr. Steffy lets on in this piece. I live in the Southern Tier of NY right along the PA border and know that the vast majority of the Marcellus and the Utica in NY is too shallow, too thin, and/or thermally overmature to drill with the current prices for methane. (For more information, view the recordings of a recent panel at Cornell: http://www.youtube.com/playlist?list=PLJ4sBXNT-ETp0aZilXGWBikMJgNoTeW2K ) Most of the drilling now is in wet gas areas, as the liquid hydrocarbons are drawing higher prices than the dry gas (methane), which is what is in NY and northern tier PA.

Many rural folks who have wells nearby do not benefit from the methane. Most of their homes do not use natural gas and are not on distribution lines for it. The low price of methane does not benefit them but it does drive down any royalties they may get.

NYC folks who are converting to natural gas heat instead of oil are benefitting by lowered costs at the moment, although if large-scale LNG exports begin, domestic prices are sure to rise.

Meanwhile, both rural and urban folks are suffering the effects of climate change, which is caused by ALL fossil fuels. Unconventional fossil fuel extraction, processing, transport, and use are all implicated in methane emissions, which adds to the carbon footprint.

Instead of building out all the infrastructure needed to support unconventional fossil fuel drilling and use, we should build renewable energy infrastructure. It is technologically possible to go to renewable sources without a fracking “bridge”. Read more about a plan to do this in NY and elsewhere here: http://thesolutionsproject.org/

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Author: Joanne Corey

Please come visit my eclectic blog, Top of JC's Mind. You can never be sure what you'll find!

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