Colorado Joins New York in Moratorium on Fracking - Top US World News | Susanne Posel Daily Headlines and Research

Colorado Joins New York in Moratorium on Fracking

5129929942_cb8deb770e_b-600x450Susanne Posel
Occupy Corporatism
November 7, 2013

 

 

In Colorado, the cities of Boulder, Lafayette and Fort Collins have banned hydraulic fracturing (fracking) from being performed in their territories.

The moratorium on fracking in New York, with Colorado following suit which is essentially drawing battle lines over energy extraction and production in this country.

Tisha Schuller, president of Colorado Oil and Gas Association (COGA), disapproved of the ban, and commented: “This election represents round one with many more rounds to come. Boulder and Lafayette were nothing more than symbolic votes. Lafayette’s last new well permit was in the early 1990′s and Boulder’s last oil and gas well was plugged in 1999.”

The oil and natural gas industry $900,000 to try to thwart the vote in favor of their continued profits gain; however the people’s voice was heard and the moratorium was placed.

The COGA blame media for swinging the electoral vote in favor of the ban.

Social and environmental groups have shown a light on the dangers of fracking to the planet and local communities.

Two months ago, the Department of Energy (DoE) made it known that they are “determined” to export American natural gas and that this was “not inconsistent with the public interest.”

In addition, the DoE said that the development of natural gas will have a “transformative impact on the U.S. energy landscape, helping to improve our energy security while spurring economic development.”

The US Energy Information Administration (EIA) regards the use of hydraulic fracturing (fracking) as a viable means to extract the estimated 3,820 billion cubic feet (Bcf) of natural gas by October of 2013.

To increase natural gas exports, the Obama administration approved the permits for “a Lake Charles, La. project, as well as the Freeport LNG project on Quintana Island, Texas, and, in 2011, Houston-based Cheniere Energy’s Sabine Pass facility in southwest Louisiana” to sell 6.37 billion cubic feet of liquefied natural gas to non-free-trade nations.

Dominion Resources (DR) is the corporation holding the permits for a $3.8 billion “revamp” of the Cove Point Natural Gas (CPNG) facility. This new contract will be added to the 20 year contracts previously signed to export to Japan and India.

The Congressional Research Service (CRS) released a report last July entitled, “An Overview of Unconventional Oil and natural Gas: Resources and Federal Actions” that outlines America’s rise to become the world’s largest natural gas producer by 2009.

President Obama maintains that oil dependence, focusing on foreign producers, is inefficient to meet the US energy needs in the long run.

Colorado Joins New York in Moratorium on Fracking
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