tag:blogger.com,1999:blog-5235419263414453422.post9169837008753660496..comments2024-02-23T01:30:06.101-08:00Comments on Early Warning: US Crude Production by StateStuart Stanifordhttp://www.blogger.com/profile/07182839827506265860noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5235419263414453422.post-16170327033400509982012-07-06T17:53:42.621-07:002012-07-06T17:53:42.621-07:00As a Texan I am proud - Drill baby drill. Now if ...As a Texan I am proud - Drill baby drill. Now if those evil oil companies would just lease that family ranch in East Texasbuck smithhttps://www.blogger.com/profile/10165817144159425547noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-34970174227253654222012-07-04T09:45:55.439-07:002012-07-04T09:45:55.439-07:00Thanks for commenting on this study. Page 14 has ...Thanks for commenting on this study. Page 14 has a fairly obvious "tell" as to the author's biases:<br /><br />"The principal difficulty ... is the effect of hydraulic fracturing on the environment, which is <b>perceived</b> as contributing to water and land contamination, natural gas infiltration into fresh water aquifers, poisoning of the subsoil because of the intensive use of chemicals, and even minor earthquakes. Even if those problems cannot be eliminated, after more than one million hydraulic fracturing operations in the United States since 1947 (hydraulic fracturing is not a new technology), the evidence shows that only a tiny percentage of these accidents occurred, and that they can be managed with appropriate best practices and adequate enforcement, rather than by <b>over-regulating</b> the activity."<br /><br />The problem is the "perception" not the reality. The only alternative to self-regulation (ie NO regulation) is "over-regulation".Sethhttps://www.blogger.com/profile/16486234948199900568noreply@blogger.comtag:blogger.com,1999:blog-5235419263414453422.post-43028161974704995622012-07-04T09:13:42.032-07:002012-07-04T09:13:42.032-07:00Interestingly, the Texas line looks to be about 1....Interestingly, the Texas line looks to be about 1.75. However, the actual field data from the Texas Railroad Commission seems to put the crude total at something like 1.1 or 1.2 (depending on whether you use 2011 or 2012 to date). I'm not sure why the EIA data is so different, but the difference represents almost the entire stated gain from Texas.Anonymousnoreply@blogger.com