IDK, Martha Stewart, Rachel Ray & Paula Dean still make a bundle giving out their recipes. The naysayers still want Federal oversight & regs, the industry wants states to regulate. If my profession is expected to meet a higher standards, be highly accountable, be uniformly consistent, how does the industry propose to do so? 80)
http://uk.reuters.com/article/2011/06/02/us-usa-natgas-fracking-idU...
from the article ...
Gary Luquette, president of North America exploration and production for Chevron, said it was time for industry to stop dragging its feet on disclosure.
"We have used this 'intellectual property' issue as a convenient excuse to move slow," Luquette told a federal panel set up by the Obama administration to offer recommendations on improving the safety of hydraulic fracturing.
"I personally believe there is space in the middle between protecting the IP and giving the public the information they desire," he said.
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Chevron may be positioning itself for good will bonuses. My hunch is that companies who support open disclosures will be favored by contracts from governments around the world where shale gas is being developed.
The disclosure issue will not go away anytime soon. No amount of wishing or griping is going to stop people from reasonable questions about what is going into the ground.
Very few here on GHS trusts Chesapeake or Petrohawk (or any other company) to be ethical with our checks. If you don't trust them with division orders why would you trust them on what they put into the ground?
(NOTE: I am not trying to slam CHK or HK. The Haynesville would not be where it is without these companies. I hope Aubrey really has discovered the Holy Grail. I just want to point out that if we exercise diligence with our checks then it only makes cents that we should also be diligent with how the well is operated. Hats off to Chevron for taking the stand it has)
Good one P.G.
Calling a grizzly bear a teddy bear is fine unless you're out of breath at the top of a tree and old grizz is chewing off your branch.
Jack thinks Chevron is a stand up company. He wishes they were the major oil company in the HS play, instead of Shell.
jackblake
Why would a company want to let this knowledge, that they spent millions on, be outed to the world?
Do they apply for a patent to protect their investment? Would a time period go into an effect until others could make a generic? What test must be passed before a 'patented product' is used without health side-effects to the public?
We had to use chemicals at my job and if you didn't follow the safety procedures that were recommended for that product, you would be held responsible, not only for yourself, but for anyone else who might be walking past the area. Of course, most people will stay away from you if you're dressed in a monkey suit with supplied air.
Wouldn't there be a difference between potential chemicals to be used versus exactly how they are used?
I mean they could list potential chemicals to be used in fracing without exact formulas and exact procedures..
I wouldn't think fracing would be as simple as say Kentucky Fried Chicken that uses 11 secret herbs and spices...
Of course now if they found a chemical composition that would cause the shale rocks to fizz or chemically break down, that might be something worth not disclosing..
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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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