jrs4125

Champion Author
Indiana
Posts:2,748 Points:589,795 Joined:Sep 2011
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Message Posted: Sep 25, 2012 8:22:33 AM
Costs are not hidden. The consumer gets it at the pump everyday.
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LetemEatCake

Champion Author
Oklahoma City
Posts:5,596 Points:1,202,855 Joined:Mar 2008
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Message Posted: Sep 24, 2012 11:54:57 PM
Good article Teafortwo...thanks for posting!
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PDQBlues

Champion Author
San Diego
Posts:7,059 Points:1,445,400 Joined:Jan 2009
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Message Posted: Sep 24, 2012 8:11:28 PM
Ah, yes. Those darn hidden costs to human health and the environment. As long as someone else gets stuck with these costs, corporations are fine with that.
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Van_Halen

Champion Author
Atlanta
Posts:2,844 Points:639,505 Joined:Apr 2011
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Message Posted: Sep 24, 2012 4:15:42 PM
. Fracking is not new, it is over 60 years old. Three FULL EPA REPORTS have not found one single intense of water pollution. In fact, water and oil don't mix which is why they stay separated underground for THOUSANDS of years! In 60 years there has not been one a single aquifer contamination by Fracking!
I know this from personal experience because my grandparents property in Western PA has both oil and gas wells on it and Fracking has been used and the well water (not city water) tastes as great as it always has!
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bluebird1

Champion Author
Toronto
Posts:15,721 Points:3,106,070 Joined:May 2004
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Message Posted: Sep 24, 2012 12:42:03 PM
This is from an environmental groups findings/literature so the truth is likely somewhere in-between the views....though there are issues & any extra business on large scales taxes the infrastructure of an area. Thing with oil/gas they often pay for upgrades & area benefits both economically & from a infrastructure basis.
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teenitup

Champion Author
Houston
Posts:1,613 Points:247,010 Joined:Sep 2012
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Message Posted: Sep 24, 2012 12:23:52 PM
PennEnvironment is a 501(c)(3) organization with an anti-fracking agenda. Teafortwo seems to gravitate towards the anti fracking agenda.
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mitt4prez

Champion Author
Tacoma
Posts:1,733 Points:1,243,295 Joined:Nov 2007
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Message Posted: Sep 24, 2012 11:54:16 AM
And you dam sure won't hear about the costs of doing nothing from these Green fanatics.
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jwalkerh

Champion Author
Louisiana
Posts:6,127 Points:1,368,645 Joined:Oct 2008
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Message Posted: Sep 24, 2012 11:47:52 AM
There are alwaays hidden cost in everything...
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TonyPSU

Champion Author
Cleveland
Posts:2,521 Points:691,605 Joined:May 2011
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Message Posted: Sep 24, 2012 11:00:11 AM
ok
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K9LO

Champion Author
North Dakota
Posts:2,669 Points:541,055 Joined:Nov 2010
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Message Posted: Sep 24, 2012 10:58:39 AM
ok
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Soglaos

Champion Author
Virginia Beach
Posts:2,770 Points:736,485 Joined:Feb 2011
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Message Posted: Sep 24, 2012 10:44:57 AM
hmmm Not solid research here
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Chinto12

Champion Author
Illinois
Posts:1,019 Points:407,060 Joined:Jan 2012
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Message Posted: Sep 24, 2012 10:39:15 AM
Be careful of armchair science.
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slgas

Champion Author
Houston
Posts:6,020 Points:1,559,840 Joined:Oct 2008
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Message Posted: Sep 24, 2012 10:29:56 AM
sailormon: amen
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middlegrey

Rookie Author
Wisconsin
Posts:99 Points:425,925 Joined:Sep 2011
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Message Posted: Sep 24, 2012 10:23:12 AM
interesting
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BudsterMO

Champion Author
Kansas City
Posts:3,695 Points:701,005 Joined:Aug 2009
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Message Posted: Sep 24, 2012 10:22:41 AM
It is a good thing that someone is watching the store, so to speak. Left to their own devices the oil and gas drillers would do nothing to protect the public or employees beyond what minimal requirements were in place before the boom.
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sailormon

Champion Author
Michigan
Posts:3,595 Points:809,210 Joined:Jul 2007
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Message Posted: Sep 24, 2012 10:22:20 AM
Why do some of you have to bring in the political attacks?! Look, Fracking is not what it is being sold as! There are some serious issues and health concerns related to drinking water. It seems that some of you out in GB land would rather have gas for their car instead of clean water to drink!! Wake the F up people!! You only live THREE DAYS without water!!
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cssco

Champion Author
Virginia
Posts:7,311 Points:1,748,605 Joined:Feb 2006
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Message Posted: Sep 24, 2012 10:15:12 AM
Would'a, should'a, could's, all over again!
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Cellsite

Champion Author
Appleton
Posts:1,223 Points:284,375 Joined:Jun 2012
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Message Posted: Sep 24, 2012 10:15:09 AM
Everything has risks. Just being born is 100% fatal.
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slgas

Champion Author
Houston
Posts:6,020 Points:1,559,840 Joined:Oct 2008
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Message Posted: Sep 24, 2012 10:14:20 AM
mberg: truer words have seldom been written
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Wizrd03

Champion Author
Illinois
Posts:8,142 Points:1,630,385 Joined:Oct 2008
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Message Posted: Sep 24, 2012 10:13:26 AM
Interesting to how similar hidden costs are ignored in ethanol production...
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PathTrack

Champion Author
Twin Cities
Posts:1,202 Points:134,615 Joined:Jan 2005
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Message Posted: Sep 24, 2012 10:10:10 AM
I hate being bamboozled.
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ggg452

Champion Author
Manitoba
Posts:1,555 Points:328,900 Joined:May 2012
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Message Posted: Sep 24, 2012 10:08:35 AM
ok
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Ticoman54

Champion Author
Miami
Posts:7,031 Points:1,489,095 Joined:Oct 2008
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Message Posted: Sep 24, 2012 10:08:24 AM
Obama must be smiling about this report.
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maryph1958

Champion Author
Cincinnati
Posts:1,420 Points:283,095 Joined:Sep 2011
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Message Posted: Sep 24, 2012 10:08:12 AM
More hidden costs
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puinsai808

Champion Author
Honolulu
Posts:3,529 Points:724,380 Joined:May 2011
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Message Posted: Sep 24, 2012 10:08:02 AM
ok
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1958tomg

Champion Author
Kansas
Posts:2,126 Points:543,390 Joined:Oct 2011
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Message Posted: Sep 24, 2012 10:07:21 AM
ok
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Black Wagon

Champion Author
Illinois
Posts:7,296 Points:1,799,845 Joined:Mar 2004
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Message Posted: Sep 24, 2012 10:06:32 AM
Gee wiz.
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mberg

Champion Author
Houston
Posts:3,797 Points:957,680 Joined:Aug 2010
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Message Posted: Sep 24, 2012 10:05:39 AM
We're all hung up on the importance of energy, but for those of you who will be around in 50 years, the lack of clean water (maybe enough water of any sort) will dwarf the concerns we have today about energy.
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04LTC

Veteran Author
Massachusetts
Posts:316 Points:99,820 Joined:Sep 2012
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Message Posted: Sep 24, 2012 10:05:19 AM
ok
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LuthierKS

Champion Author
Wichita
Posts:3,730 Points:727,005 Joined:Apr 2011
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Message Posted: Sep 24, 2012 10:05:17 AM
The anticapitalists are out in full force.
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scrossi

Champion Author
Indiana
Posts:3,869 Points:1,045,565 Joined:Dec 2008
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Message Posted: Sep 24, 2012 10:05:17 AM
True mikerroy.
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2gjh

Champion Author
North Dakota
Posts:3,174 Points:2,447,600 Joined:Nov 2003
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Message Posted: Sep 24, 2012 10:02:57 AM
There are hidden costs in everything, especially government regulations.
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JimVP

All-Star Author
Chicago
Posts:632 Points:153,010 Joined:Sep 2011
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Message Posted: Sep 24, 2012 10:01:56 AM
Environment must remain a concern but we need make sure of the quality of the research.
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FBI2991

Champion Author
Michigan
Posts:4,200 Points:1,137,915 Joined:Nov 2008
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Message Posted: Sep 24, 2012 10:01:48 AM
All theoretical
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mikerroy

Champion Author
Albuquerque
Posts:2,551 Points:717,995 Joined:May 2005
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Message Posted: Sep 24, 2012 10:01:38 AM
"Garbage in Garbage out" We all know this statment, it applies to fracking also. If they put grabage into the ground, they will get oil, gas and grabage out.
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snakebitef22

Veteran Author
Corpus Christi
Posts:445 Points:31,255 Joined:Mar 2009
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Message Posted: Sep 24, 2012 10:01:16 AM
And why are they wasting money on this report....oh I see the oil companies paid for the report hhhhmmmmmmmmmmm....we not so dumb after all
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Ticobird

Champion Author
Huntsville
Posts:3,215 Points:1,113,090 Joined:Oct 2009
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Message Posted: Sep 24, 2012 10:00:54 AM
As far as "hidden costs" are concerned all levels of regulatory control should be aware of them or else the people doing the regulating are doing a bad job. This applies to any regulated business concern.
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hwmillerster

Champion Author
Missouri
Posts:6,774 Points:1,462,420 Joined:Oct 2008
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Message Posted: Sep 24, 2012 10:00:54 AM
This study shows how much to charge the industry to clean up. This cost will be passed on to the customer.
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calripken_8

Champion Author
Virginia
Posts:2,886 Points:656,265 Joined:Jun 2011
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Message Posted: Sep 24, 2012 10:00:42 AM
There is risk and expense in everything
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buzzieNY

Champion Author
Buffalo
Posts:2,877 Points:632,530 Joined:Jun 2011
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Message Posted: Sep 24, 2012 9:59:37 AM
more excuses to keep prices up
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sts808

Veteran Author
Honolulu
Posts:361 Points:51,890 Joined:Jun 2012
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Message Posted: Sep 24, 2012 9:59:17 AM
ok
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rasprout

Champion Author
Tacoma
Posts:3,367 Points:1,218,935 Joined:Jun 2009
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Message Posted: Sep 24, 2012 9:59:05 AM
Imagine that... Hidden costs in day to day work!
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FredericoAZ

All-Star Author
Phoenix
Posts:938 Points:961,525 Joined:Mar 2009
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Message Posted: Sep 24, 2012 9:57:04 AM
that is just the 'profit' factor oil companies use.
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itzagasgasgas1

Champion Author
Cincinnati
Posts:3,964 Points:1,597,545 Joined:Aug 2005
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Message Posted: Sep 24, 2012 9:56:38 AM
Fracking is not a hearts and flowers industry.
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jh1552

Sophomore Author
Cincinnati
Posts:218 Points:42,125 Joined:Jul 2012
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Message Posted: Sep 24, 2012 9:55:51 AM
not again another way to screw us
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seahawks

Champion Author
Washington
Posts:3,217 Points:1,961,795 Joined:Sep 2005
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Message Posted: Sep 24, 2012 9:54:44 AM
interesting!!!
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GrumpyCat

Champion Author
Alabama
Posts:2,594 Points:786,900 Joined:Jun 2009
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Message Posted: Sep 24, 2012 9:54:42 AM
Read the article, its all theoretical. All "threat" and no actual damage.
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MrLuigi

Champion Author
Massachusetts
Posts:4,758 Points:963,760 Joined:Jun 2005
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Message Posted: Sep 24, 2012 9:54:21 AM
hidden costs are in everything, that's how they mask their greed
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slgas

Champion Author
Houston
Posts:6,020 Points:1,559,840 Joined:Oct 2008
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Message Posted: Sep 24, 2012 9:53:44 AM
Who needs all that clean drinking water anyway?
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Don20

Champion Author
Oklahoma City
Posts:9,657 Points:2,616,705 Joined:Mar 2005
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Message Posted: Sep 24, 2012 9:53:43 AM
The report, released Thursday in Pittsburgh as Gov. Tom Corbett was welcoming the industry at the Marcellus Shale Coalition's second annual conference in Philadelphia, also stated that bonding amounts required by the state will be inadequate to cover long-term future costs of plugging abandoned wells.
Solve the problem if you want the oil.
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