EPA and the Bakken

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jiggs
Posts: 2
Joined: Tue Jan 11, 2011 6:11 pm

EPA and the Bakken

Post by jiggs »

A scary article in a N. Dakota newspaper today:
http://bismarcktribune.com/news/state-a ... 03286.html
dan_s
Posts: 37308
Joined: Fri Apr 23, 2010 8:22 am

Re: EPA and the Bakken

Post by dan_s »

If the EPA halts Bakken development:
> Crude oil price soar and gasoline is over $5/gallon next summer
> Obama will be killed in the election
> Our dependence on foreign oil goes even higher
> Chance of global economic collapse is very high.

Only a totally insane government would do it. So, it may happen.

News Flash: Fracing in wells over a mile deep that have been properly cased = zero risk to water table a few hundred feet from the surface.
Dan Steffens
Energy Prospectus Group
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