‘Energy Information Administration officials told reporters on Wednesday that they are cutting their estimate of how much oil can be drawn out of California’s massive Monterey Shale formation by a whopping 96 percent.
The news deals a serious blow to the fracking industry and has environmentalists cheering as momentum builds behind a legislative effort to put a moratorium on fracking in California. The estimate will be released publically next month, according to reports.
In 2012, the federal officials estimated that 13.7 billion barrels of oil could be recovered from the Monterey Shale. The EIA now says that only 600 million barrels of oil can be recovered using existing technologies such as acid treatment and fracking, the controversial oil and gas technique that involves forcing millions of gallons of water laced with silica and chemicals deep underground to break up rock formations.’
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Fracking planned for Tory heartlands as report reveals billions of barrels of shale oil in southern England
‘Vast areas of southern England will on Friday be identified by the Government as targets for fracking, with ministers also announcing that energy companies will be allowed to frack under homes without owners’ permission.
A British Geological Survey study of the South, spanning from Wiltshire to Kent and including the South Downs National Park, will be published, mapping out the likely location of billions of barrels of shale oil.
Ministers are also preparing to publish controversial plans to change the laws of trespass to give energy companies an automatic right to frack beneath homes and private land – even if owners object.’
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Illegal dumping of fracking fluids in Texas highlights risk
‘Texas authorities are investigating the illegal dumping of toxic oil-and-gas-drilling waste fluids in Karnes County, Texas, ground zero for the hydraulic fracturing, or fracking, boom in the state’s Eagle Ford Shale region.
Fracking drilling fluid – often riddled with hazardous and often undisclosed chemicals, contaminants, oil, and metal shavings – was spilled over eight miles of a rural roadway in middle of the night last March, according to a Karnes County Sheriff’s Department report obtained by InsideClimate News.
The spill led to an investigation by the sheriff’s department, the Texas Commission on Environmental Quality (TCEQ) and the state Railroad Commission, which regulates the oil and gas industry in Texas.’
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