Estimates are we have just 5 years worth of gas thats easily fracked?
Is that worth the risk?
Now I do believe that there may be more oil and gas just offshore and I'm a firm believer in unfrettered EXPLORATION along our coast. We may find more.
I also wonder where all the wind farms are? Oh wait, they're ugly an we don't
want ugly along our coast.
Ah the NIMBY argument. Its alive and well here in NC.
But here's a thought. The amount of oil we import has fallen in the last 3 years. Why? Well we are using less but more importantly we've increased domestic production - almost all of which is derived from fracking.
Increasing domestic supplies does impact pricing regardless of what technique is used to get the oil/gas out of the ground.
We need to get away from importing as much oil by any means possible.
Just a couple of points here
Estimates are we have just 5 years worth of gas thats easily fracked?
Is that worth the risk?
Now I do believe that there may be more oil and gas just offshore and I'm a firm believer in unfrettered EXPLORATION along our coast. We may find more.
I also wonder where all the wind farms are? Oh wait, they're ugly an we don't
want ugly along our coast.
Ah the NIMBY argument. Its alive and well here in NC.
But here's a thought. The amount of oil we import has fallen in the last 3 years. Why? Well we are using less but more importantly we've increased domestic production - almost all of which is derived from fracking.
Increasing domestic supplies does impact pricing regardless of what technique is used to get the oil/gas out of the ground.
We need to get away from importing as much oil by any means possible.
Best Regards
Vog