jrs4125

Champion Author
Indiana
Posts:2,763 Points:592,720 Joined:Sep 2011
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Message Posted: Sep 25, 2012 7:22:33 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:1,206,355 Joined:Mar 2008
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Message Posted: Sep 24, 2012 10:54:57 PM
Good article Teafortwo...thanks for posting!
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PDQBlues

Champion Author
San Diego
Posts:7,079 Points:1,449,300 Joined:Jan 2009
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Message Posted: Sep 24, 2012 7:11:28 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:2,850 Points:641,980 Joined:Apr 2011
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Message Posted: Sep 24, 2012 3:15:42 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:15,735 Points:3,108,125 Joined:May 2004
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Message Posted: Sep 24, 2012 11:42:03 AM
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:1,655 Points:250,910 Joined:Sep 2012
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Message Posted: Sep 24, 2012 11:23:52 AM
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:1,747 Points:1,246,200 Joined:Nov 2007
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Message Posted: Sep 24, 2012 10:54:16 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:6,135 Points:1,369,130 Joined:Oct 2008
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Message Posted: Sep 24, 2012 10:47:52 AM
There are alwaays hidden cost in everything...
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TonyPSU

Champion Author
Cleveland
Posts:2,541 Points:695,505 Joined:May 2011
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Message Posted: Sep 24, 2012 10:00:11 AM
ok
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K9LO

Champion Author
North Dakota
Posts:2,690 Points:544,955 Joined:Nov 2010
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Message Posted: Sep 24, 2012 9:58:39 AM
ok
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Soglaos

Champion Author
Virginia Beach
Posts:2,771 Points:740,405 Joined:Feb 2011
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Message Posted: Sep 24, 2012 9:44:57 AM
hmmm Not solid research here
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Chinto12

Champion Author
Illinois
Posts:1,031 Points:409,860 Joined:Jan 2012
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Message Posted: Sep 24, 2012 9:39:15 AM
Be careful of armchair science.
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slgas

Champion Author
Houston
Posts:6,035 Points:1,562,765 Joined:Oct 2008
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Message Posted: Sep 24, 2012 9:29:56 AM
sailormon: amen
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middlegrey

Rookie Author
Wisconsin
Posts:99 Points:428,025 Joined:Sep 2011
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Message Posted: Sep 24, 2012 9:23:12 AM
interesting
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BudsterMO

Champion Author
Kansas City
Posts:3,715 Points:704,155 Joined:Aug 2009
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Message Posted: Sep 24, 2012 9:22:41 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 9:22:20 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:7,331 Points:1,752,505 Joined:Feb 2006
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Message Posted: Sep 24, 2012 9:15:12 AM
Would'a, should'a, could's, all over again!
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Cellsite

Champion Author
Appleton
Posts:1,231 Points:287,585 Joined:Jun 2012
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Message Posted: Sep 24, 2012 9:15:09 AM
Everything has risks. Just being born is 100% fatal.
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slgas

Champion Author
Houston
Posts:6,035 Points:1,562,765 Joined:Oct 2008
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Message Posted: Sep 24, 2012 9:14:20 AM
mberg: truer words have seldom been written
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Wizrd03

Champion Author
Illinois
Posts:8,157 Points:1,633,310 Joined:Oct 2008
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Message Posted: Sep 24, 2012 9:13:26 AM
Interesting to how similar hidden costs are ignored in ethanol production...
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PathTrack

Champion Author
Twin Cities
Posts:1,203 Points:134,685 Joined:Jan 2005
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Message Posted: Sep 24, 2012 9:10:10 AM
I hate being bamboozled.
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ggg452

Champion Author
Manitoba
Posts:1,570 Points:331,825 Joined:May 2012
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Message Posted: Sep 24, 2012 9:08:35 AM
ok
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Ticoman54

Champion Author
Miami
Posts:7,046 Points:1,492,770 Joined:Oct 2008
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Message Posted: Sep 24, 2012 9:08:24 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 9:08:12 AM
More hidden costs
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puinsai808

Champion Author
Honolulu
Posts:3,549 Points:728,280 Joined:May 2011
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Message Posted: Sep 24, 2012 9:08:02 AM
ok
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1958tomg

Champion Author
Kansas
Posts:2,143 Points:546,315 Joined:Oct 2011
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Message Posted: Sep 24, 2012 9:07:21 AM
ok
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Black Wagon

Champion Author
Illinois
Posts:7,317 Points:1,802,995 Joined:Mar 2004
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Message Posted: Sep 24, 2012 9:06:32 AM
Gee wiz.
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mberg

Champion Author
Houston
Posts:3,812 Points:960,605 Joined:Aug 2010
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Message Posted: Sep 24, 2012 9:05:39 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:99,920 Joined:Sep 2012
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Message Posted: Sep 24, 2012 9:05:19 AM
ok
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LuthierKS

Champion Author
Wichita
Posts:3,752 Points:730,905 Joined:Apr 2011
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Message Posted: Sep 24, 2012 9:05:17 AM
The anticapitalists are out in full force.
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scrossi

Champion Author
Indiana
Posts:3,889 Points:1,049,465 Joined:Dec 2008
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Message Posted: Sep 24, 2012 9:05:17 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 9:02:57 AM
There are hidden costs in everything, especially government regulations.
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JimVP

All-Star Author
Chicago
Posts:632 Points:154,210 Joined:Sep 2011
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Message Posted: Sep 24, 2012 9:01:56 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:4,215 Points:1,140,840 Joined:Nov 2008
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Message Posted: Sep 24, 2012 9:01:48 AM
All theoretical
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mikerroy

Champion Author
Albuquerque
Posts:2,571 Points:721,895 Joined:May 2005
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Message Posted: Sep 24, 2012 9:01:38 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:447 Points:31,520 Joined:Mar 2009
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Message Posted: Sep 24, 2012 9:01:16 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:3,234 Points:1,116,950 Joined:Oct 2009
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Message Posted: Sep 24, 2012 9:00:54 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:6,794 Points:1,465,570 Joined:Oct 2008
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Message Posted: Sep 24, 2012 9:00:54 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:2,906 Points:660,165 Joined:Jun 2011
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Message Posted: Sep 24, 2012 9:00:42 AM
There is risk and expense in everything
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buzzieNY

Champion Author
Buffalo
Posts:2,898 Points:636,530 Joined:Jun 2011
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Message Posted: Sep 24, 2012 8:59:37 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 8:59:17 AM
ok
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rasprout

Champion Author
Tacoma
Posts:3,367 Points:1,221,660 Joined:Jun 2009
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Message Posted: Sep 24, 2012 8:59:05 AM
Imagine that... Hidden costs in day to day work!
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FredericoAZ

All-Star Author
Phoenix
Posts:938 Points:962,500 Joined:Mar 2009
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Message Posted: Sep 24, 2012 8:57:04 AM
that is just the 'profit' factor oil companies use.
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itzagasgasgas1

Champion Author
Cincinnati
Posts:3,979 Points:1,600,470 Joined:Aug 2005
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Message Posted: Sep 24, 2012 8:56:38 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 8:55:51 AM
not again another way to screw us
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seahawks

Champion Author
Washington
Posts:3,232 Points:1,964,720 Joined:Sep 2005
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Message Posted: Sep 24, 2012 8:54:44 AM
interesting!!!
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GrumpyCat

Champion Author
Alabama
Posts:2,612 Points:790,680 Joined:Jun 2009
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Message Posted: Sep 24, 2012 8:54:42 AM
Read the article, its all theoretical. All "threat" and no actual damage.
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MrLuigi

Champion Author
Massachusetts
Posts:4,778 Points:967,660 Joined:Jun 2005
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Message Posted: Sep 24, 2012 8:54:21 AM
hidden costs are in everything, that's how they mask their greed
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slgas

Champion Author
Houston
Posts:6,035 Points:1,562,765 Joined:Oct 2008
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Message Posted: Sep 24, 2012 8:53:44 AM
Who needs all that clean drinking water anyway?
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Don20

Champion Author
Oklahoma City
Posts:9,677 Points:2,620,605 Joined:Mar 2005
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Message Posted: Sep 24, 2012 8:53:43 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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