- Sep 26, 2000
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Big government responsible for the US being energy independent in the next decade or so? Why yes. Yes, it is.
Would this have happened under the Tea Party? Why no, no it wouldn't.
Just heard a lecture on the history of fracking. Turns out it was Big Government who put up most of the money for its development.
While it was a two hour lecture and I can't remember a lot of the details I did look it up.
Back in 1947 Halliburton experimented with it. It didn't increase yields so they got a patent on a technique and dropped it.
In the late 1970's the Eastern Gas Shales Project, a set of dozens of public-private hydro-fracturing pilot demonstration projects. During the same period, the Gas Research Institute, a gas industry research consortium, received approval for research and funding from the Federal Energy Regulatory Commission.[19] In 1977, the Department of Energy pioneered massive hydraulic fracturing in tight sandstone formations. In 1997, based on earlier techniques used by Union Pacific Resources, now part of Anadarko Petroleum Corporation, Mitchell Energy, now part of Devon Energy, developed the hydraulic fracturing technique known as "slickwater fracturing" which involves adding chemicals to water to increase the fluid flow, that made the shale gas extraction economical
Yes, big government to the rescue.
http://en.wikipedia.org/wiki/Fracking#History
http://www.dcnr.state.pa.us/topogeo/econresource/oilandgas/marcellus/marcellus_egsp/index.htm
http://www.em.doe.gov/bemr/bemrsites/metc.aspx
Would this have happened under the Tea Party? Why no, no it wouldn't.
Just heard a lecture on the history of fracking. Turns out it was Big Government who put up most of the money for its development.
While it was a two hour lecture and I can't remember a lot of the details I did look it up.
Back in 1947 Halliburton experimented with it. It didn't increase yields so they got a patent on a technique and dropped it.
In the late 1970's the Eastern Gas Shales Project, a set of dozens of public-private hydro-fracturing pilot demonstration projects. During the same period, the Gas Research Institute, a gas industry research consortium, received approval for research and funding from the Federal Energy Regulatory Commission.[19] In 1977, the Department of Energy pioneered massive hydraulic fracturing in tight sandstone formations. In 1997, based on earlier techniques used by Union Pacific Resources, now part of Anadarko Petroleum Corporation, Mitchell Energy, now part of Devon Energy, developed the hydraulic fracturing technique known as "slickwater fracturing" which involves adding chemicals to water to increase the fluid flow, that made the shale gas extraction economical
Yes, big government to the rescue.
http://en.wikipedia.org/wiki/Fracking#History
http://www.dcnr.state.pa.us/topogeo/econresource/oilandgas/marcellus/marcellus_egsp/index.htm
http://www.em.doe.gov/bemr/bemrsites/metc.aspx