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NY Anti-Fracking Ruling Deals Blow To Shale Industry

Tyler Durden's picture




 

Submitted by Nick Cunningham of OilPrice.com,

A recent court ruling giving cities and towns in New York State the authority to ban hydraulic fracturing (“fracking”) represents an enormous blow to the shale gas industry, which has been hoping to expand operations into the state for several years.

New York imposed a moratorium on fracking in 2008 so it could study the environmental impact, which industry opponents say includes adverse effects on groundwater supplies and public health. Fracking involves injecting a cocktail of water, sand, and chemicals deep underground at pressure high enough to fracture shale rock so the oil or gas within can be extracted.

Governor Andrew Cuomo has been under significant pressure from the industry to lift the moratorium, but has punted on the issue -- some say to avoid making a politically controversial decision.

New York sits atop the vast Marcellus and Utica shale formations, which hold huge volumes of shale oil and gas. But due to the moratorium, the state has not seen the expansion of drilling that nearby states like Pennsylvania and Ohio have experienced.

In the past six years, towns and cities across New York have acted on their own, passing municipal bans. One, the upstate town of Dryden, was taken to court by an energy company after it prohibited fracking.

By a 5-2 vote, the New York Court of Appeals, the state’s highest court, ruled that the actions taken by local communities to restrict fracking amounted to a “reasonable exercise” of their zoning authority, particularly since high levels of drilling “would permanently alter and adversely affect the deliberately cultivated small-town character of their communities.”

The court decision could have a deflating effect on future drilling prospects in New York, even if the statewide moratorium is lifted. Although there are plenty of counties and cities that would support fracking, the patchwork of municipal bans could make drilling on a large scale difficult. Navigating the maze of municipal zoning laws could deter investment altogether.

“It’s going to have a real chilling effect on the investment in New York,” Thomas West, an attorney for Norse Energy, told Bloomberg News in an interview. “Most of the major companies are not going to see New York as open for business if they have to develop the resource around municipalities with bans.”

Brad Gill, executive director of the Independent Oil and Gas Association of New York, put in more bluntly, saying the decision is “one more nail in the coffin” for fracking in the Empire State.

A map put together by FracTracker.org shows why drillers would hesitate before pouring millions of dollars into leases and infrastructure. Over 75 towns have banned fracking, with many more considering provisions to restrict the drilling practice.

“The oil and gas industry tried to bully us into backing down, but we took our fight all the way to New York’s highest court.” Mary Ann Sumne, the Dryden, NY town supervisor, said in response to the ruling, “I hope our victory serves as an inspiration to people in Pennsylvania, Ohio, Texas, Colorado, New Mexico, Florida, North Carolina, California and elsewhere who are also trying to do what’s right for their own communities.”

Local control over fracking has cropped up as a major issue in several states across the country. The highest profile battleground is Colorado, where several cities have passed fracking bans, including Fort Collins, Longmont, and Lafayette. The oil and gas industry is fighting the bans in court, and trying to head off more bans in cities that have experienced an increase in drilling activity.

A movement to put the issue on a statewide ballot in November’s election is gaining steam. The industry has criticized the ballot push for being a stealth effort to enact an outright state ban on fracking while cloaking itself in the language of local sovereignty.

On June 30, the Colorado Supreme Court handed ballot organizers a victory with a ruling that says they can proceed with gathering signatures on petitions to put as many as six anti-fracking measures up for a vote. A deadline of August 4 has been set for the submission of signatures -- 86,105 of which are needed for each measure organizers want to see the public decide.

 

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Tue, 07/01/2014 - 22:00 | 4916223 Seize Mars
Seize Mars's picture

Yeah how convenient! And just when everything was going so great.

Man, you don't think that courts are...rigged, do you?

Tue, 07/01/2014 - 22:12 | 4916265 Harbanger
Harbanger's picture

These court rulings only mean they need to pay more graft.

Tue, 07/01/2014 - 22:17 | 4916292 LetThemEatRand
LetThemEatRand's picture

Indeed.  Monied interests always get their way despite the will of the People.  But you knew that already, which is why you are against the concentration of wealth in the hands of a few.

Tue, 07/01/2014 - 22:24 | 4916318 COSMOS
COSMOS's picture

I dont know guys, lot of wealthy NYers have their countryside retreats upstate and they dont want that shit in their backyard especially polluting their groundwater and wells in case  shit gets bad and they have to helicopter out of NY to the safety of the back country of the state.

Tue, 07/01/2014 - 23:10 | 4916457 Four chan
Four chan's picture

someones milkshake is going to get drank.

Wed, 07/02/2014 - 00:00 | 4916622 ironmace
ironmace's picture

You think wealthy city types and Wall Streeters are safe among the locals upstate if SHTF ?

Nope.

 

Wed, 07/02/2014 - 12:55 | 4918193 Woodyg
Woodyg's picture

Yea what could go wrong - fracking causing an earthquake next to the nuke power plant causing an accident irradiating NYC -
There is That risk -

Calculate the possible costs of that coupled w the profits and tell me fracking is worth it.
Oh yea the Profits go to a few .001% jackals and any losses are paid by We The Taxpayer.

Tue, 07/01/2014 - 22:12 | 4916268 RafterManFMJ
RafterManFMJ's picture

If they don't get to fracking, how will Europe stay warm come winter?

Tue, 07/01/2014 - 22:18 | 4916297 BobTheSlob
BobTheSlob's picture

Eat moar beenz

Tue, 07/01/2014 - 22:00 | 4916224 BKbroiler
BKbroiler's picture

Good. Ours is one of the last watersheds in the US.  Heading to the Catskills this weekeend!

Tue, 07/01/2014 - 22:09 | 4916255 Bangin7GramRocks
Bangin7GramRocks's picture

Suck a fat dick frackers!

Wed, 07/02/2014 - 09:22 | 4917375 Agstacker
Agstacker's picture

"Suck a fat dick frackers!"

 

He types on his plastic keyboard made from petroleum products, I despise hypocrites.

Tue, 07/01/2014 - 22:18 | 4916296 BobTheSlob
BobTheSlob's picture

"Ours is one of the last watersheds in the US"...that's pretty funny!

Tue, 07/01/2014 - 22:05 | 4916233 LetThemEatRand
LetThemEatRand's picture

"A recent court ruling giving cities and towns in New York State the authority to ban hydraulic fracturing..."

Ciities and towns have the ability to block corporate action?  Who knew.  I'm sure it will be appealed to a more corporate friendly third branch.

Tue, 07/01/2014 - 22:19 | 4916301 FieldingMellish
FieldingMellish's picture

State and then federal eminent domain coming to a fracking well near you.

Tue, 07/01/2014 - 23:08 | 4916419 LetThemEatRand
LetThemEatRand's picture

Private corporations always do seem to get their way.  If they need to, they bribe elected government.  But if we did away with elected government, it would stop them.   Everyone knows that no one ever had the power to use violent force before elected government could be corrupted.  I will be more free if I don't have an elected government.

Wed, 07/02/2014 - 05:29 | 4916932 SoCalBusted
SoCalBusted's picture

This is where you fucked up and where I stopped reading...

If they need to, they bribe elected government.

Yes, the government is and has been, ready, willing and able to take bribes (sometimes known as campaign contributions) to whomever comes along and whenever they come along.

There has to be a demand before there is a supply.

 

Wed, 07/02/2014 - 08:32 | 4917184 sessinpo
sessinpo's picture

LetThemEatRand    Private corporations always do seem to get their way.  If they need to, they bribe elected government.  But if we did away with elected government, it would stop them.   Everyone knows that no one ever had the power to use violent force before elected government could be corrupted.  I will be more free if I don't have an elected government.

---

Pie in the sky stuff from someone that doesn't understand human nature.

Suppose there were no elected government officials as you say. Even on the most basic level, you would have people in positions of status. Eventually, someone would have to rule. Someone would have to fight against what is perceived as wrong - hence you have government forming and it grows. Despite the fact the government repeatedly grows and becomes inefficient and corrupt, governments are created and used over and over again for thousands of years. And you haven't figured that out yet, thus you haven't figured out the solution.

Tue, 07/01/2014 - 23:20 | 4916491 TheReplacement
TheReplacement's picture

They always did.  The question has always been if they were willing to turn out and hold the ground or not.

Tue, 07/01/2014 - 22:06 | 4916237 Oldwood
Oldwood's picture

Luckily NY doesn't need the money. They have the banking industry and thank God they are not damaging the world as we know it.

Tue, 07/01/2014 - 22:16 | 4916284 willwork4food
willwork4food's picture

Upstate NY definitely needs the money, but being raised in Syracuse I am proud they told the fuckers to jump in a lake.

Tue, 07/01/2014 - 22:50 | 4916400 disabledvet
disabledvet's picture

I see you didn't stay around. Just was there today...the whole City has collapsed. Place is a hell hole. most of the industry is down South and out Rochester way anyways. Syracuse is simply dying a slow and painful death.

No industry will work in New York because the politics is so patently corrupt. (that has been true on both sides of the aisle...although this go around the left clearly is leaps and bounds ahead.) We do have great highways though. If you're in a Republican district. If you're on the left the darn bridges are literally collapsing.

I do have issues with natural gas drilling (earthquakes being one.) But it is quite remarkable how a people who have already been destroyed economically can still find it within themselves to vote "total annihilation" too.

Teslas can't get here soon enough in my book...and it was good to see Elon Musk willing to make an investment out Buffalo way. To my knowledge he has been it for the entire State going on 40 years now.

Wed, 07/02/2014 - 01:31 | 4916804 boattrash
boattrash's picture

But what's the plan? Gonna make your electricity with that clean coal? New EPA orders will jack that shit up for ya.

Tue, 07/01/2014 - 22:16 | 4916285 BobTheSlob
BobTheSlob's picture

Try a trip to the upstate some day. Take some survival gear.

Tue, 07/01/2014 - 22:25 | 4916321 Oldwood
Oldwood's picture

You mean to tell me that NYC does not share their financial empire wealth with their state?

Tue, 07/01/2014 - 22:32 | 4916343 LetThemEatRand
LetThemEatRand's picture

They're bankers and oligarchs.  They say one thing, and do another.  It's why we don't want to hand them the keys.  Who is Alan Greenspan?

Tue, 07/01/2014 - 23:09 | 4916450 disabledvet
disabledvet's picture

they fire everybody.... in New York City too. That place hasn't improved economically since the 1920's in my book. "That's why the Banks put their industry in Upstate NY." Keep it away from the corrupt politicians. Worked until 1973...then the whole shit house went up in flames.

We still had the military where I lived (thank God) so we survived the 80's...but not Bill and Hitlery Clinton...they personally wiped out an entire City up here. "And are now doing the exact same thing to the Greater New York City metropolitan area." (2008 was no boon to the financial district. which is true even today.)

luckily there is still good land and a few people willing to work it. that's all that's left here though. the farmers can't afford the taxes and stealing. it's incredible how much arable land just lies fallow. "and people wonder why prices are going through the roof for food in the City."

the gold standard for the USA came from Upstate New York for a reason. "you have to earn your money up here"...which mean avoiding the "Continentalists" at all costs. That's Bill and Hillary...and George W Bush I might add.

To W's credit he fired his first two Secretaries of the Treasury. Still wasn't enough. Believe it or not if Puerto Rico gets slammed here (ala Detroit) this will have a major impact on New York City's financial condition and perhaps a City or two up here as well. God forbid if this is another financial bubble as well. New York City going bankrupt was before the 1920's "de riguer" actually. (Canals, Railroads, chemical business, steel...you name it, it was boom and bust all the time back then.)

Tue, 07/01/2014 - 22:08 | 4916245 buzzsaw99
buzzsaw99's picture

oklahoma has more earthquakes than anyone lately but the oil and gas industry isn't to blame. [/sarc]

no way in hell the oil and gas industry doesn't get whatever the fuck they want in texas and oklahoma.

Tue, 07/01/2014 - 22:29 | 4916337 Oldwood
Oldwood's picture

We know that the federal government is against any kind of drilling, gas oil and probably water. We also know, as it is with climate change, that virtually all research funding comes from the federal government.

We also know that any defense of the drilling industry will come from or be paid for by the drilling industry.

So the question is;

        Who do YOU want to believe?

Wed, 07/02/2014 - 00:30 | 4916684 sylviasays
sylviasays's picture

When the rare quakes do occur, they're typically linked to the disposal of drilling fluids in underground injection wells...

http://newsok.com/seismologist-fracking-doesnt-cause-earthquakes/article...

Wed, 07/02/2014 - 05:33 | 4916937 SoCalBusted
SoCalBusted's picture

LOL... out here people sell equake insurance..get with the program

Tue, 07/01/2014 - 22:08 | 4916247 ebworthen
ebworthen's picture

I'm not one for over regulation but injecting that stuff into the ground cannot be good for the ground water supplies and those are high density population zones.

It can't be good for underground aquifers that naturally filter out a lot of nasty chemicals and pathogens if left undisturbed.

Not to mention the geological effects of rupturing the structure of sedimentary layers.

Knowing the oil/gas industry their eagerness to get oil has outpaced solid research.

Tue, 07/01/2014 - 22:12 | 4916267 Grande Tetons
Grande Tetons's picture

You can not unbaste a turkey. 

Tue, 07/01/2014 - 22:51 | 4916403 Crawdaddy
Crawdaddy's picture

A background tune for the wealthy and just divorced lesbians who found out alimony applies to their ass too...

Tue, 07/01/2014 - 22:20 | 4916308 Oldwood
Oldwood's picture

Knowing what we "know" about global warming...er...climate change, we obviously didn't do the proper research on oil before we started drilling and consuming. We should have just stuck with horses and mules I guess. I think we have been fracking since the forties but we should just stop now and figure this out I guess. We have to be sure, right?

But one can't help but wonder what our economy would look like today if we were not going after this gas.

Tue, 07/01/2014 - 22:57 | 4916421 Flakmeister
Flakmeister's picture

Imagine what upstate would be like with more than a semblance of what GE was.....

That is what the economy could have been...

Wed, 07/02/2014 - 05:37 | 4916939 SoCalBusted
SoCalBusted's picture

GW basins are about 1000 feet down.  Fracking happens at about 7000 feet down.  GW issues happen if the casing goes bad.

Oh and another point..  Oil/Gas industry has eagerness because people will pay more for it than the cost of extration and taxes.

Wed, 07/02/2014 - 08:42 | 4917225 wrs1
wrs1's picture

And you know all this because you are well acquainted with how wells are drilled and have a degree in geology or you just read shit on he internet and post stuff you don't really know crap about?

Tue, 07/01/2014 - 22:13 | 4916274 Caviar Emptor
Caviar Emptor's picture

I had a fracking party near a reservoir just last weekend

Tue, 07/01/2014 - 22:16 | 4916291 BobTheSlob
BobTheSlob's picture

Did you get fracked up or did you take it easy?

Tue, 07/01/2014 - 22:15 | 4916279 BobTheSlob
BobTheSlob's picture

On the plus side: at least they are keeping the decision making at a local level...good for NY State. On the other hand, if I was NY State I'd be a touch more worried about how many people were leaving on a daily basis.

Also, for the loons here on ZH, there's scant evidence that fracking screws up ground water.

Tue, 07/01/2014 - 22:19 | 4916302 10mm
10mm's picture

Cross the boarder to Pa to see the fracking water damage. 

Wed, 07/09/2014 - 19:47 | 4941426 MeelionDollerBogus
MeelionDollerBogus's picture

so by 'scant' you mean 'flammable water'

Tue, 07/01/2014 - 22:30 | 4916342 Pemaquid
Pemaquid's picture

So why no mention of the exact "chemicals" that are injected? What are they?

Tue, 07/01/2014 - 22:44 | 4916384 Captchured
Captchured's picture

http://fracfocus.org/chemical-use/what-chemicals-are-used

 

If you don't know anything about chemistry, are scared of math, believe in voodoo, and generally have your head up your ass then this list will look really scary to you. So, don't look. Just take in the length of the list and the use of words with more than 4 letters and fear for your life.

Tue, 07/01/2014 - 23:10 | 4916452 post turtle saver
post turtle saver's picture

I can't believe how much dihydrogen monoxide they use... scary stuff

Wed, 07/02/2014 - 00:23 | 4916672 sylviasays
sylviasays's picture

Water accounts for about 90 percent of the fracturing mixture and sand accounts for about 9.5 percent. Chemicals account for the remaining one half of one percent of the mixture. There are several ways oil and natural gas companies manage the use of fracturing fluids, depending on what specifically is in them, the presence of usable groundwater or surface waters, geography, and local, state, and federal regulations.

Spent or used fracturing fluids are normally recovered at the initial stage of well production and recycled in a closed system for future use or disposed of under regulation, either by surface discharge where authorized under the Clean Water Act or by injection into Class II wells as authorized under the Safe Drinking Water Act. Regulation may also allow recovered fracturing fluids to be disposed of at appropriate commercial facilities. Not all fracturing fluid returns to the surface. Over the life of the well, some is left behind and confined by thousands of feet of rock layers.

http://www.energyfromshale.org/hydraulic-fracturing/hydraulic-fracturing...

Tue, 07/01/2014 - 22:50 | 4916401 NidStyles
NidStyles's picture

From the list of chemicals I just read about on Wiki, nothing to really be worried about. 

Wed, 07/02/2014 - 03:52 | 4916887 laomei
laomei's picture

It's not just about what goes down, but what comes back up and what has been disrupted down in those depths.  Once deep subterranean formations have been fractured, there's no going back and yes, it all leaks.  Massive amounts of water which are all toxic, laced with heavy metals and other fun things not all that good for things that are alive.  It drills through the water table, and sorry, but once that has been breeched, again, there is no going back.  No seals or collars will ever repair that.  It all leaks, just a matter of time.  60% within 30 years for normal wells, but for fracked wells, it's virtually 100% within a much shorter time frame.  These are drilled fast and cheap as the production peak only lasts for 2~3 years at most.  Keep it up america, once you bother doing the math on drilling and half-way decent sealing and maintaining of leaking wells... there is zero profit to be made.  However, the trick is to sell off wells and land to investors once fracked, leaving it in their hands.  The small companies go bankrupt and repairs are never made, dropping it all in the laps of the taxpayers (sound familiar?).  There's big money in play here of course, so they buy the silence of those they harm... any attempts to legally fight will be met with decades of appeals and stalling until the plaintiffs are either tapped out legally or dead.

Wed, 07/02/2014 - 08:41 | 4917222 sessinpo
sessinpo's picture

laomei   , but once that has been breeched, again, there is no going back.  No seals or collars will ever repair that.

----

Sounds like the propaganda after the bp oil leak. Yet the gulf survived. While there were some effects, nature took care of most of it.

Wed, 07/09/2014 - 13:47 | 4940250 MeelionDollerBogus
MeelionDollerBogus's picture

Are you daft? Much of what was in the gulf DIED and the water & fish are no longer safe to consume.
You're fucking insane.

Nature took care of NOTHING. All th e pollution is STILL THERE. The deformed, poisoned fish? Shellfish? I wouldn't eat that for $500 per BITE and YOU WOULDN'T EITHER.

Wed, 07/02/2014 - 08:38 | 4917212 sessinpo
sessinpo's picture

Pemaquid     So why no mention of the exact "chemicals" that are injected? What are they?

---

Don't know how to do research or even a google search huh? Thank god you aren't making my burger and fries.

Tue, 07/01/2014 - 22:41 | 4916372 esum
esum's picture

When you stop for gas in upstate nuevo York

You can hear the deliverance music in the background

And tree bark is the main course for dinner........

 LIBTARDS control NY with the usual welfare free shit crew and the Jews who genetically must vote DEM....

Anyone with common sense is bailing from this lib shithole.......

 

Wed, 07/02/2014 - 09:05 | 4917302 moonman
moonman's picture

You are ignorant. Upstate New tork is beautiful and mostly Republican.

NYC is the liberal shit hole and upstaters hate the city folk

Tue, 07/01/2014 - 22:44 | 4916383 Totentänzerlied
Totentänzerlied's picture

I have a feeling that when gas hits $7 a (US) gallon, the plebs will change their anti-fracking tune awfully fast.

Tue, 07/01/2014 - 22:52 | 4916408 NidStyles
NidStyles's picture

I'm thinking Methane will be the next available fuel per cost. If only methane recycling were possible today...

Wed, 07/02/2014 - 08:43 | 4917230 sessinpo
sessinpo's picture

NidStyles   I'm thinking Methane will be the next available fuel per cost. If only methane recycling were possible today...

---

Um, what energy that you burn is recycled? How about zero.

Wed, 07/02/2014 - 00:38 | 4916707 sylviasays
sylviasays's picture

Thanks to California Democrat's Cap and Trade tax scheme program, starting in January 2015, gas prices in California will increase anywhere from 10-20 cents a gallon.

http://www.sacbee.com/2014/06/30/6521238/industry-groups-stir-opposition...

Wed, 07/02/2014 - 01:26 | 4916791 Flakmeister
Flakmeister's picture

When they find oil in NY, maybe they will...

The Marcellus is gas with some condensate.....

Wed, 07/09/2014 - 13:34 | 4940206 MeelionDollerBogus
MeelionDollerBogus's picture

Wrong kind of gas.

Natural gas isn't gasoline.

Unless conversions to CNG engines is coming, which it isn't as that threatens the larger oil & gas refinery industry, they're unrelated in NYS.

Tue, 07/01/2014 - 22:51 | 4916406 GooseShtepping Moron
GooseShtepping Moron's picture

I'm not sure why upstate New Yorkers would not want want to have the drillers in the neighborhood. It would bring some much-needed economic revitalization to a region deeply on the fritz. If they so wished, they could exercise their municipal authority to regulate the snot out of the fracking operation instead of nix it altogether. That would placate the Greens, bring plenty of payola to the city councils, and still allow the drillers to turn a small profit while producing a critical and increasingly expensive resource, which they are fortunate enough to have in abundance.

Think about it. This ruling has denied many struggling landowners the opportunity to earn a handsome windfall in mineral leases. This is like Jed Clampett shooting a fortuitous hole into an oil patch and then saying, "Oh, nevermind the $68 million, Mr. Drysdale. What's that black stuff doing all over my rabbit?" Meanwhile Buffalo continues to lose population, the old towns empty out and the canals and railroads get engulfed by nature. It's hard to know what to say about a region that could have been North America's next Kuwait, but sacrificed their prosperity to Gaia instead.

Tue, 07/01/2014 - 23:19 | 4916484 Captchured
Captchured's picture

In all states, of which I'm aware, the state has primacy over permitting and regulation issues. This has both a good and bad side to it. The obvious bad side is that it severly limits a community's ability to effectively control mineral extraction. The flip side of that issue is that the community can now eliminate the mineral owner's access to their minerals ($$$). In New York, most land owners are also the mineral owners. That means that the town of Syracuse, as an example, can prevent all of its citizens from having access to their minerals.

As it stands, the state has enacted laws that mineral extraction companies must follow. The state monitors and enforces the law. Some states do this better than others. The current battle in New York has neutered the state agency and made the state relatively powerless regarding permitting and enforcement. I don't have much of an opinion about whether that is "good" or "bad". What it does mean, however, is that enforcement, regulation, and the rest will eventually fall to local governments as the state agency's funding rapidly dries up. 

All the talk of protecting the environment or watershed will be obviously laughable as community X allows no holds barred drilling while community Y forbids it completely. And then, of course, there are all of the fools who think it has anything to do with protecting anything at all. If I am Gazprom, I would be an idiot not to spend $10 mil, $20 mil, $100 mil to buy the result that we have in New York. The last thing Russia (or George Soros) wants is for $3/mcf gas to go from upstate NY to a ship to Europe. If you think this is about anything other than economic warfare between oil and gas producing nations then you are still sleeping.

Wed, 07/02/2014 - 00:07 | 4916636 GooseShtepping Moron
GooseShtepping Moron's picture

I was enjoying your response up until the unnecessary ad hominem in the last sentence. What evidence do you have that Gazprom did anything to influence the SCOTSONY's decision? More importantly, what in the blue blazes makes you think that LNG ever would have been exported from New York? The infrastructure to do that simply does not exist at this time, and those kinds of projects cannot be completed overnight. I think you overestimate the ability of New York to affect foreign gas markets on anything like a reasonable timescale. The gas is needed for domestic consumption, though.

Wed, 07/02/2014 - 01:03 | 4916754 Captchured
Captchured's picture

Your point is a fair one about the last comment. I apologize.

New york has the enviable position of being the eastern-most natural gas producer (potential to be). What that means is that they have the shortest distance to transport natural gas via pipeline to the east coast (Boston, NYC, DC, etc). That, in turn, means that natural gas production in the state of New York will lower natural gas prices across the US. Natural gas produced from the Marcellus and Utica in PA and OH costs more to transport than from NY. Therefore, they will have to demand less for their gas to make it competitive.

At some point, the high price of natural gas in Europe becomes more than the low price of natural gas in the US + shipping. At that point, it doesn't matter too much if the natural gas comes from WY, OH, PA, or TX. All that matters is that producers can sell it to someone/anyone for more money than they can sell it to the east coast cities. New York is very key in this arrangement because they are the last stop for potential gas production in the east. 

You might be surprised at how the US has been ramping up to export LNG (from the east coast, among other locations)

http://energy.gov/sites/prod/files/2014/06/f16/Summary%20of%20LNG%20Expo...

It is strictly an economic warfare move. "Environmental" groups with this much organization and money don't appear from a grass roots effort very often. Yes, there are people who feel strongly about the issue and who don't want fracing in their backyard, but they are akin to draftees in the army. They don't have any idea why the war is being fought...they just fight it.

Wed, 07/02/2014 - 02:42 | 4916856 Axenolith
Axenolith's picture

Holders of rights to minerals made inaccessable from legislation should sue for recovery from the standpoint of it being a "taking".

Wed, 07/02/2014 - 07:38 | 4917043 overmedicatedun...
overmedicatedundersexed's picture

love NY hypocrits, recent add of NY state about 10 yr tax breaks to business who relocate there, but but for years leading dems have maintained HIGH TAXes do not harm the economy, well which is it bitchesz??

keep energy out of NY, that's the answer, let NYC go dark. now if we could get DC to do the same.

Wed, 07/02/2014 - 10:04 | 4917537 sondernauch
sondernauch's picture

I always down vote anyone who tells me to "think about it."

Wed, 07/09/2014 - 13:42 | 4940231 MeelionDollerBogus
MeelionDollerBogus's picture

Obviously the value returned, if any, will be minimal vs the loss of natural resources (not dollars) already on hand in upstate NY for preppers, vacationers / tourists, parks, etc.

Tue, 07/01/2014 - 22:55 | 4916417 Wahooo
Wahooo's picture

Red = Poverty = Democratic counties most likely

Tue, 07/01/2014 - 23:02 | 4916431 Dublinmick
Dublinmick's picture

It is one of the seats of the new order.

 

Of course fracking in Oklahoma with hundreds of small quakes lately is A OK. Need to finish off the Cherokees.

Tue, 07/01/2014 - 23:13 | 4916466 Oldwood
Oldwood's picture

While I'm sure earthquakes are unnerving and do some damage, I'm not aware of any injuries or deaths. Oklahoma has a much bigger problem with tornados. They probably use a lot of that fracking revenue to rebuild their storm damaged homes. I think things should be viewed relatively.

Wed, 07/02/2014 - 00:41 | 4916711 sylviasays
sylviasays's picture

When the rare quakes do occur, they're typically linked to the disposal of drilling fluids in underground injection wells...

http://newsok.com/seismologist-fracking-doesnt-cause-earthquakes/article...

Wed, 07/02/2014 - 08:25 | 4917151 TabakLover
TabakLover's picture

Rare?  Tell the Okies. Noticable (shit shakes) e-quakes are up 60X in the last 7 mos. in Oklahoma v. the long term average:

In a new joint statement by the U.S. Geological Survey and Oklahoma Geological Survey, the agencies reported that 183 earthquakes of magnitude 3.0 or greater occurred in Oklahoma from October 2013 through April 14, 2014. This compares with a long-term average from 1978 to 2008 of only two magnitude 3.0 or larger earthquakes per year. As a result of the increased number of small and moderate shocks, the likelihood of future, damaging earthquakes has increased for central and north-central Oklahoma.

Tue, 07/01/2014 - 23:17 | 4916479 directaction
directaction's picture

More environmentally damaging hydrocarbon desequestration methods will occur whether we like it or not as the 2005 global peak in conventional oil production fades further into the rear view mirror. The damage brought by fracking is nothing compared to what's coming.

Tue, 07/01/2014 - 23:19 | 4916489 thestarl
thestarl's picture

Fracking in the Hamptons not in our lifetime?

Wed, 07/02/2014 - 08:51 | 4917253 moonman
moonman's picture

Long Island is not exactly a hotbed for fracking

Tue, 07/01/2014 - 23:52 | 4916599 robnume
robnume's picture

FUCK FRACKING!! Too bad the legislators in my home state of CA won't ban that practice here.

Wed, 07/02/2014 - 00:02 | 4916627 Bemused Observer
Bemused Observer's picture

If the people of a community don't want fracking, then that should be the end of it, the answer is No. They either don't want it, or you aren't offering them enough.

But these companies just don't think they should have to abide by that. Fuck them. Who CARES if it doesn't make it profitable? That's not the people's JOB, to make things profitable for big energy companies.

It's called the free market, bitch!

Wed, 07/02/2014 - 00:26 | 4916677 Seek_Truth
Seek_Truth's picture

NY State: Enjoy your electricity bills.

You'll understand, soon.

Wed, 07/02/2014 - 07:11 | 4917001 Almost Solvent
Almost Solvent's picture

Ever hear of a little thing called Niagara Falls? Electricity will remain affordable upstate until the Falls recede into Lake Erie someday.

 

Wed, 07/02/2014 - 00:41 | 4916713 Tachyon5321
Tachyon5321's picture

 

 

 

Anyone notice that the liberal elite like telling sheep where to stand because it make it easier to butcher them.....

 

 

 

 

 

 

 

 

Wed, 07/02/2014 - 01:48 | 4916818 Overleveraged_a...
Overleveraged_and_Impatient's picture

Fracking seems like it would have some serious long term consequences on any environment which it's used. Upstate NY thrives on nature, trees, and preserving the state of the outdoors.

I can see why they voted against it and good for them. Someone is actually standing up for the life of their territory rather than selling it off to oil producers. Look at how much of a dump major cities become when they get the resources pumped out of them. Look at how Las Vegas is draining away all the nearby water sources. It's toxic. Fracking is toxic human behavior and it perpetuates our true purpose which is being the cancer of planet earth.

 

 

Wed, 07/02/2014 - 03:23 | 4916880 SoDamnMad
SoDamnMad's picture

Fracking takes an enourmous amount of water to which I ask, where does it all go "afterwards"/ Does it blow back up the drill hole and contaminate the immediate area.

The chemical cocktail is pretty extensive. I saved an article from The Guardain which says a local community in Britain  fought to keep antimony trioxide from being used but accepted oxirane.  These two chemicals didn't appear on the blog list a previous blogger linked.  So WHO monitors the cocktail list?  Snaek in a couple drums of something bad and you contaminate the water supplies.  Then the driller, EPA monitor, etc. all point fingers at one another like the BP Deepwater Horizon disaster and the government gets a big penalty check and the local people get SCREWED.

Why doesn't a big company pay for the research of a safe drilling mud cocktail?

Wed, 07/02/2014 - 06:17 | 4916960 Joe A
Joe A's picture

A court that sides with people instead of big companies? How refreshing. And when it comes to big shale companies: let them drink fracked water.

Wed, 07/02/2014 - 07:54 | 4917062 The_Revolution
The_Revolution's picture

Check out the documentary Fracknation, funded via kickstarter.  It basically refutes every negative claim that the Anti Fracking doc Gasnation makes.  The reason the establishment hates fracking is that it is so cheap and clean, that it will destroy solar and wind, so they have to go after the process.  If you believe fracking causes earth quakes then there is no comments or articles that will ever bring you back to reality.

Wed, 07/09/2014 - 13:13 | 4940127 MeelionDollerBogus
MeelionDollerBogus's picture

Yup, it's all upside.
Aside from the fact the wells go dry really quickly & none can turn a profit past a year or so, and the earth quakes, and flammable water.
Such little, absurd details.

Wed, 07/02/2014 - 08:02 | 4917076 esum
esum's picture

Not fraking is like worshiping cattle in India while starving

 

Wed, 07/02/2014 - 08:34 | 4917197 TabakLover
TabakLover's picture

Lotta big talk here how Upstate NYers should get fracked and like it.  Wonder what you'd say when a fracking operation set-up shop in YOUR backyard. 

Wed, 07/02/2014 - 08:49 | 4917248 Last of the Mid...
Last of the Middle Class's picture

Let 'em freeze this winter, they deserve it.

 

Wed, 07/02/2014 - 09:05 | 4917303 d edwards
d edwards's picture

Yeah, and gasoline is how much per gallon in NYC?

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