By Roy L Hales
We are most likely going to hear a great deal more about Fracking. Aside from the fact California may soon have legislation as to how natural gas and oil companies can conduct their operations, there is currently an estimated 14 billion barrels of oil waiting in the Monterey Shale deposit (which stretches from Los Angeles to Northern California). Fracking is responsible for the resurgence of America’s natural gas industry. Though companies like San Diego Gas & Electric – and its corporate twin, South California Gas & Electric – do not appear to frack themselves, they do store, transport and distribute of natural gas. My own questions have distilled down to two:
1. If Fracking is essentially a transitional technology, bridging the gap until renewable technologies are ready to provide the world’s energy needs, is it doing the job?
2. In an interview with the BBC, Peter Voser of Royal Dutch Shell claimed that the technology is available and fracking can be done in a matter that is environmentally friendly. Mr Vosner called for increased regulation, but will this really eliminate the problems? Continue reading About Fracking