Compromise was the operative word this week as a plan to commence hydrofracking operations in the East Coastâ€™s largest national forest was met with unanimous approval while new hydrofracking legislation in Minnesota and North Carolina passed without contention. There are still factions on both sides of the hydrofracking debate that are unwilling to concede their respective point of view, but even a figure from the art world showed a willingness espouse the virtues of hydrofracking and accept it as an integral part of his nationâ€™s economic stability.
Compromise is crucial in Approving New Fracking Site at GW National Forest
Hydrofracking is coming to the largest national forest in the eastern U.S., thanks to a federal compromise between environmentalists and fracking operators. The George Washington National Forest, half of which is resting on the Marcellus Shale formation, will now support hydrofracking operations on a precise section of 167,000 acres and prohibits any fracking activity near rivers that feed the Chesapeake Bay. Environmentalists and industrialists alike seemed pleased with the decision.
New Frac Sand Regulations Seem to Sit Well With One Minnesota City
If Winona, MN is any indication, the stateâ€™s new hydrofracking legislation is an overwhelming success. In a 5-1 vote, the Winona City Council approved a resolution to monitor air quality near new and established frac sand mines. The City Council expects the resolution to be met with similar approval throughout the state, since Winona has been Minnesotaâ€™s benchmark region for frac sand production and innovation.
North Carolina Panel Approves Fracking Regulations, Opening the Door for New Permits
After over a year of debate and thousands of public comments submitted in the form of petitions, the North Carolina Mining and Energy Commission has finally ratified a list of hydrofracking rules that will govern the practice throughout the state. Commission Chairman Vikram Rao doesnâ€™t expect the new rules will please everyone, but David McGowan of the North Carolina Petroleum Council supported the legislation by ensuring the public that the legislation will secure safe and responsible oil and natural gas exploration for the state.
Whoâ€™s Right about the Fracking Debate?
It doesnâ€™t appear that the debate over hydrofracking will reach a compromise anytime soon. According to a study released by the Journal of Environmental Psychology and Vanderbilt University, extreme views on both side of the debate are being solidified by a belief that their respective information is more accurate and valid than the oppositionâ€™s, which fosters a feeling of superiority on either side. The study concluded that this shared attitude is moving both sides away from any kind of open and fair-minded dialogue.
A Voice from the Art World comes to the Aid of Hydrofracking
As a chorus of protest continues to swell from traditional left-leaning sectors, one voice from the art world has actually taken the side of hydrofracking, albeit for what many might consider cynical reasons. British artist David Hockney openly supports the U.K.â€™s hydrofracking industry, because he feels the industry is already an integral part of the national industrial makeup and would be too difficult to remove.
The Rise in Global Hydrofracking Creates a Bright Future for Proppant Manufacturers
The surge in global hydrofracking not only means big profits for oil and gas companies, but also new life for companies that manufacture ceramic proppants. In a new Reportlinker.com study, sales of synthetic and organic proppants are expected to steadily increase over the next decade. Most of the demand will be coming from the U.S., but an ever-growing list of hydrofracking nations will also contribute to an upward market trend.
Consumers Reaping Substantial Economic Rewards Compliments of the Hydrofracking Industry
It appears that the promise of economic rewards for the consumer was not just a political talking point for hydrofracking operators trying to gain public approval. According to a report released by the Institute for Energy Research, hydrofracking production in 2013 saved consumers between $63 billion and $248 billion. The study is proof that hydrofracking has had an instant and positive impact on the U.S. economy.
Chemicals Used in Fracking May Be as Harmless as Those in the Home
All the concerns over the chemical poisoning of fresh water supplies and the land surrounding hydrofracking operations may be premature, according to a new study by researchers at the University of Colorado-Boulder. The study concludes that many of the chemicals used in hydrofracking are no more hazardous than the household chemicals found in the cupboards under the average personâ€™s kitchen sink.
Despite a Slump in Oil Prices, Fracking Suppliers Remain Optimistic
The steady demand for frac sand from the oil and gas industry seems to fly in the face of plunging oil prices and slumping market trends. Some industry experts believe that rising demand is a calculated risk on the part of oil producers who see hydrofracking soon becoming the primary source of crude in the United States.
Ohio Becomes a Laboratory for Testing Waterless Method of Hydrofracking
GasFrac Energy Services Inc. of Canada may be close in developing a waterless hydrofracking technique that would curtail the demand for fresh water. The company is experimenting in Ohioâ€™s Utica Shale region with a gelled propane substance that would not only take the place of water used in the process, but also decrease the chance of groundwater contamination and create an overall cleaner fracking process.