Report: Fracking raising water supply worries
usatoday.com
usatoday.com
edit: The 10^11 gallon water figure is "since 2011", so maybe 30 trillion cubic feet of shale gas since then, eyeballing this chart [0]. That would have been around $100 billion, at the (insanely depressed) price of $3/thousand ft^3 [1].
You could replace (literally) that water at a cost of <1% of the shale gas. Literal as in, that's the energy cost to desalinate ocean water in the Gulf of Mexico and ship it to the center of the continent by freight rail. Going by the least efficient numbers in [2], the desalination cost is <150 billion ft^3; and by the numbers on [3], for 400 million tons of liquid cargo, and a 1,500 mile distance [4], is about the same.
I mean this is completely insane of course, it's just for perspective.
[0] https://en.wikipedia.org/wiki/File:US_Natural_Gas_Production...
[1] http://www.eia.gov/dnav/ng/ng_pri_sum_dcu_nus_a.htm
[2] https://en.wikipedia.org/wiki/Desalination
[3] https://en.wikipedia.org/wiki/Energy_efficiency_in_transport...
[4] https://www.google.com/#q=distance+from+fargo+to+gulf+of+mex...
http://en.wikipedia.org/wiki/1973_oil_crisis
I guess we're getting there but I was hoping for a much better solution.
Another thing to consider: fracking is providing energy to meet the U.S.'s continuing growth for energy...I think foreign policy impact would most definitely happen if additional domestic energy production coincided with a national reduction in energy usage. As it is, though, fracking probably just maintains the status quo, and fracking proponents would argue that things would be much worse if we didn't have fracking at all, and energy consumption continued to grow.
You'll end up paying higher prices for their stuff now due to decreased supply, have some new technology come about that makes fossil fuels worthless, then get stuck with a bunch of useless fossil fuel in the ground.
Not likely within the next few decades, but very possible over the span of hundreds of years. Remember, we've only been using fossil fuels for only about 150 years. Before that, it was considered an absolute disaster to hit oil when digging a well.
We are only using a percentage of the oil, the reason why they want to get to is because it is cheap and they can export it to where it is expensive.
Residential use (outside of public works) is typically trivial, so could stay with its existing model.
Industrial use in contrast is much different so is a more interesting thing to model.
At some point we need to get the whole desalination plant thing going since California has and is going to have problems with its agriculture and I am a bit more worried about that.
As crazy as this sounds, it actually worked quite well. The problem, of course, is that it created an enormous amount of underground radioactive debris and the natural gas that was extracted was itself radioactive.
http://en.wikipedia.org/wiki/Rulison http://en.wikipedia.org/wiki/Project_Rio_Blanco http://en.wikipedia.org/wiki/Project_Gasbuggy
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You might have a different opinion of course. If you don't want to be powerful, don't found a startup, or read a site dedicated to this. If you do, then get a conscience while you do it.
On the other hand, there is a bit of a dearth of actual startup news these days.
Of course, you are right in that he's not doing well at it these days.
However the original link is more than justified.
I think this now takes the title for "stupidest thing I've read on HN."