http://online.wsj.com/article/SB10001424127887323798104578453310080...
Retailers including Cabela's Inc.CAB -1.97% and clothing manufacturers like Carhartt Inc. say they are seeing an increased demand for sturdy shoes and fire-resistant clothing that oil and gas workers can wear to protect themselves from fires and explosions.
The appetite for fracking gear is leading clothes makers to send research and development teams to consult with oil-field workers in Texas and North Dakota, in the same way Nike Inc. NKE -1.43%taps elite athletes to test out its track shoes and football cleats.
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In researching the decades-old Tuscaloosa Trend and the immense wealth it has generated for many, I find it deeply troubling that this resource-rich formation runs directly beneath one of the poorest communities in North Baton Rouge—near Southern University, Louisiana—yet neither the university ( that I am aware of) nor local residents appear to have received any compensation for the minerals extracted from their land.
This area has suffered immense environmental degradation…
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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