Plan B when NG prices sky rocket due 2 production declines

Seeking Alpha says“According to the EIA, in the past ten years, consumption of natural gas has increased by 15%, most of which occurred in the past five years…..for the majority of wells (this year) neither oil or natural gas (prices) are enough to keep them profitable…..The longer these unsustainable prices last, the more production will decline and new well growth will stall.”

Another story out today….

‘Oil majors failing to find reserves to counter falling output’

…confirms this.

Adding ACID TO THE FIRE is how the EXISTING, unconventional, horizontally fracked wells have a hyperbolic production decline after the first year or two.

THIS COMBINTION is a shale play made Natural Gas shortage fracking recipe

that should force natural gas prices to go up…way up….

graham bow arrow mark

Unless YOU change your demand for Natural Gas we will have……….

1) higher consumer electricity bills  (unless YOU convert to wind/solar)

2) higher priced products that use NG as feedstock like in manufacturing of plastics/chemicals/fertilizers (unless YOU use less “and” ask for more hemp oil derived products)

3) frackers will come back to Arlington (and other Urban Drilling towns) to finish what they started (unless YOU help enact a *ban to be protective of public health).

*option three may not be an option if  SB440 gets passed…

 

 PLEASE contact your representatives today asking them to reject SB440 on this proposed ‘BAN on a FRACKING BAN’.

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About Kim Triolo Feil

Since TX Statute 253.005 forbids drilling in heavily settled municipalities, I unsuccessfully ran for City Council Seat to try to enforce this. Since Urban Drilling, our drinking water has almost tripled for TTHM's. Before moving to Arlington in 1990, I lived in Norco’s “cancer alley”, a refinery town. It was only after Urban Drilling in Arlington did I start having health effects. After our drill site was established closest to my home, the chronic nosebleeds started. I know there are more canaries here in Arlington having reactions to our industrialized airshed (we have 55-60 padsites of gas wells). Come forward and report to me those having health issues especially if you live to the north/northwest of a drill site so I can map your health effects on this blog. My youtube account is KimFeilGood. FAIR USE NOTICE: THIS SITE MAY CONTAIN COPYRIGHTED MATERIAL THE USE OF WHICH HAS NOT ALWAYS BEEN SPECIFICALLY AUTHORIZED BY THE COPYRIGHT OWNER. MATERIAL FROM DIVERSE AND SOMETIMES TEMPORARY SOURCES IS BEING MADE AVAILABLE IN A PERMANENT UNIFIED MANNER, AS PART OF AN EFFORT TO ADVANCE UNDERSTANDING OF THE SOCIAL JUSTICE ISSUES ASSOCIATED WITH EMINENT DOMAIN AND THE PRIVATIZATION OF PUBLIC INFRASTRUCTURE (AMONG OTHER THINGS). IT IS BELIEVED THAT THIS IS A 'FAIR USE' OF THE INFORMATION AS ALLOWED UNDER SECTION 107 OF THE US COPYRIGHT LAW. IN ACCORDANCE WITH TITLE 17 USC SECTION 107, THE SITE IS MAINTAINED WITHOUT PROFIT FOR THOSE WHO ACCESS IT FOR RESEARCH AND EDUCATIONAL PURPOSES. FOR MORE INFORMATION, SEE: HTTP://WWW.LAW.CORNELL.EDU/ TO USE MATERIAL REPRODUCED ON THIS SITE FOR PURPOSES THAT GO BEYOND 'FAIR USE', PERMISSION IS REQUIRED FROM THE COPYRIGHT OWNER INDICATED WITH A NAME AND INTERNET LINK AT THE END OF EACH ITEM. (NOTE: THE TEXT OF THIS NOTICE WAS ALSO LIFTED FROM CORRIDORNEWS.BLOGSPOT.COM)
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