Reading this actually really frustrates me. One of the biggest arguments against fracking was that it completely destroys the landscape for the smallest amount of oil. To find out that they ripped up thousands of miles of undisturbed nature and then abandon the project only years later, its very frustrating. I believe that instead of spending millions of dollars and resources on fracking, we should spend more time researching alternative fuels.
Sunday, November 3, 2013
"Could fracking boom peter out sooner than the DOE expects?" By: Mckay Fugate
Surging oil and gas production is nudging the nation closer to energy independance. But new research suggests that boom could peter out long before the United States reached the decades-old goal. Many wells behind the energy gush are quickly losing productivity, and some areas could hit peak levels sooner than the U.S. government expects, according to the analyses presented last week at a Geological Society of America meeting in Denver, CO. The reason: "sweet spots"-- small areas with the highest yields. J. David Hughes of the Post Carbon Institute says "they simply don't last long." More and more wells are being drilled just to maintain production.
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