10:20 am in Business & Politics, natural gas, pollution, united states by TreeHugger

More on the benefits of shale gas as touted by
fracking companies being overstated: According to new independent analysis, published in
The Oil Drum, of extent of the US' shale gas reserves and the economics of extracting those finds that "industry reserves are over-stated by at least 100 percent".
Furthermore, the analysis raises questions about the economic viability of many fracking projects, stating, "Despite impressive production...
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12:22 pm in Food & Health, fracking, natural gas, new york by TreeHugger

After New York governor Andrew Cuomo
partially lifted the moratorium on fracking, opponents of the natural gas extraction procedure were predictably and probably justifiably not happy. Now 47 organizations have written the governor a letter
urging him to enact a statewide ban.
Since TreeHugger has covered the potential and actual environmental problems with fracking so many time...
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10:45 am in air pollution, Business & Politics, epa, fracking, natural gas by TreeHugger
photo: Marcellus Protest/Creative Commons
As the
New Jersey legislature votes to ban fracking, some word on what the EPA is doing to minimize the environmental damage which could be caused with unregulated hydraulic fracturing:
Natural Gas Watch reports that EPA head Lisa Jackson has said that t...
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10:21 am in Business & Politics, fracking, natural gas, new jersey, pollution by TreeHugger

We knew this might be coming for
the last three months: New Jersey has become the first state in the US to enact a statewide ban on hydraulic fracturing for natural gas, popularly known as
fracking. The vote in the state senate was 31-1 and in the assembly, 56-11. All that is required for the bill to become law is the signature of governor Chris Christie.
State senator Bob Gordon (D-Bergen) said New Jer...
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12:46 pm in Business & Politics, economics, fracking, natural gas, News, pollution by TreeHugger

Photo credit:
ProgressOhio via Flickr/CC BY
The New York Times on Sunday
published an explosive investigation into the natural gas industry that revealed the industry is consistently overselling the amount of natural gas deposits available, hurting investors and misleading the public. The reporter, Ian Urbina, collected over 10,000 emails from investors and gas industry representatives that showed that the gap between the industry's rosy talk and r...
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