Monday, July 11, 2011

Shale Gas - New York Lifts Ban on Fracking

Welcome to the Collaborative Revolution!

Last week Governor Cuomo lifted the ban on fracking in New York and the state is now drafting regulations to address the process.  This is excellent news for western New York as the economic boom experienced in western Pennsylvania, eastern Ohio and West Virginia may now spread.

The link below takes you to an editorial pnned by former New Hampshire Governor John Sununu, who, surprisingly, was involved in fracking experiments as a young student.  The continued exploration of shale gas resources represents an opportunity for advocates of sustainable and responsible development and we should move quickly to influence the process in a positive manner.  The more I learn the more convinced I am that shale gas and the boom times associated with it represent a great opportunity to deploy and refine IPD, BIM and lean processes.

In New York, rhetoric came face to face with hard facts. Despite decades of use, fracking fluids - which typically contain small amounts of acids, anti-microbials, petroleum distillates, and other chemicals - have never been found to contaminate groundwater. That’s because the shale formations are typically thousands of feet down, far below aquifers and isolated by impermeable rock. Over 99 percent of the fluid used is water, but to address the potential for surface spills, most states regulate its transportation and now disclose its contents. The environmental records of both the process and the gas it produces are pretty strong, but the economics are even more compelling.

Job creation and tax collections in Pennsylvania counties producing shale gas have increased significantly during the past three years. Their neighbors have not fared so well. Governor Tom Corbett calls the investment boom, started under Democratic Governor Ed Rendell, “the foundation of a new economy.” New York could either ignore the economic development occurring in its own back yard or participate.

Smart Fracking, read the whole thing.

James L. Salmon, Esq.
Collaborative Construction
300 Pike Street
Cincinnati, Ohio 45202
Office 513-721-5672
Fax 513-562-4388
Cell 512-630-4446
Collaborative Construction Website
Sustainable Land Development International

1 comment:

Ralph said...

Good information. It'll be nice to see an economic boom rise up somewhere.