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| Fracking is Thirsty By Brianna Panzica | Sunday, August 12th, 2012 This week, we learned July was the hottest month in recorded history. No matter where you are, you've felt it. The heat has chased people all across the country into the sanctuary of an air conditioned building or to the nearest pool. At the same time, a drought this summer extended to cover well over half of the United States. Earlier this week, Jeff Siegel told you about Gary Harrington, who was arrested in Oregon for collecting rainwater. This was even after he had taken efforts to get permits for his storage. Advertisement Profit from the Greatest Markup in History Over the next ten years, up to 500 trillion cubic feet of natural gas will flow from Canadian shores to an energy-starved China for a record profit. The deal — agreed to in November — hands one small group of companies (and smart shareholders) payments four times larger than what any domestic energy company could ever get away with charging. The full story — and details about how you could take advantage of it today — are all right here in your free report. Now, I could launch into a long-winded rant on the liberties at stake... But that's for another day. Right now, the issue all comes down to H2O. On the most basic level, having water to drink is crucial for survival. The average person can live roughly eight weeks without food, but without water the body can shut down in three days. If you're lucky. Since the summer has been so hot, people have needed water even more. And not just for drinking... also for staying cool. Farmers have been desperate for water as well. The huge drought has caused a struggle for the agricultural industry. With such hot conditions, the farmers in the Midwest regions – where the drought is most concentrated – have needed more water to keep their crops from drying up. They can't fight the elements, but they can try to reduce damage as much as possible. Still, the backlash extends further. The United Nations' Food Price Index for July showed a food price increase of 6%. But the energy industry needs the water, too. This drought is taking place at the height of the U.S. shale boom... a boom made possible by fracking, which uses sand, chemicals, and – you guessed it – water. Lots and lots of water. Oil and gas demand has been higher this summer as people crank the air conditioning in an effort to escape the oppressive heat. But the fracking companies are struggling to find enough water to keep their drilling momentum. Advertisement Free at Last: 430 Billion Barrels of American Oil The U.S. Department of Energy estimates 430 billion barrels of American oil are "technically recoverable" — but only if the right technology can extract it. That technology is here. Not only that... Companies are already using it to increase production as much as 1,000%! Get the whole story right here. Some areas have actually stopped allowing the companies to take water from lakes or rivers. It's just become too precious of a resource. And as a result, wells are being delayed. Natural gas prices are rising. Oil prices are going up too. That's without mentioning the vast amounts of water needed for nuclear cooling. There isn't one solution. Unless we have more water, we can't supply the drinking needs, the agricultural needs, and the energy needs of the nation. But technology might be able to help with at least one of those. Keith Kohl has been telling you about a company he discovered that doesn't require the EPA's estimate of 2.3 to 3.8 million gallons of water per well. In fact, it doesn't require any at all. It's a dangerous game when such a basic necessity is on the line. But if fracking companies could be taken out of the running, the problem might not be so bad after all. Good Investing,
Brianna Panzica Energy & Capital's modern energy guru, Brianna digs deep into the industry with accurate and insightful updates into the biggest energy companies and events. She stays up to date with the latest market moves and industry finds, bringing readers a unique view of current energy trends. For more on Brianna, see her editor's page.
The Black Solar Secret: A Technology That Could Change the Industry Enhanced Oil Recovery Investing: You Could Be Arrested for Doing THIS China's Secret Fort Knox: Government Lies, China Gold, and Guar Gum Kansas Farmers vs. Oil Companies: Water, Water, No Where Silver Is About to Rocket Higher: Silver Is Now in Backwardation Energy Technology Investing: Crushed by Obama's Solar Legacy Ron Paul's Dream, Bernanke's Nightmare: Number of Bank Prosecutions Under Obama: Zero The Bottom Line | |
| This email was sent to ignoble.experiment@arconati.us . You can manage your subscription and get our privacy policy here. Energy and Capital, Copyright © 2012, Angel Publishing LLC, 1012 Morton St, Baltimore, MD 21201. All rights reserved. No statement or expression of opinion, or any other matter herein, directly or indirectly, is an offer or the solicitation of an offer to buy or sell the securities or financial instruments mentioned. While we believe the sources of information to be reliable, we in no way represent or guarantee the accuracy of the statements made herein. Energy and Capital does not provide individual investment counseling, act as an investment advisor, or individually advocate the purchase or sale of any security or investment. Neither the publisher nor the editors are registered investment advisors. Subscribers should not view this publication as offering personalized legal or investment counseling. Investments recommended in this publication should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company in question. Unauthorized reproduction of this newsletter or its contents by Xerography, facsimile, or any other means is illegal and punishable by law. Please note: It is not our intention to send email to anyone who doesn't want it. If you're not sure why you're getting this e-letter, or no longer wish to receive it, get more info here, including our privacy policy and information on how to manage your subscription. | |
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2012/08/12
Fracking is Thirsty
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