Tag Archives: lateral

Borrowing from Equity Markets to Frack For Oil + Lack of Free Cash Flow = UNsustainable just for the US

update 8/2017 water use for fracking unsustainable too http://www.houstonchronicle.com/business/article/As-the-oil-patch-demands-more-water-West-Texas-11724100.php end update This article, https://seekingalpha.com/article/4084591-new-darlings-wall-street-folly-oil-fracking-investing, reads….“Unlike the two previous US-made financial bubbles (dot-com and real estate), the ‘frackers bubble’ is having meaningful positive economic effects on the rest of the world, through … Continue reading

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HB40 Darby says NO to local subsurface control: “Simply by saying ‘health&safety’, they could regulate indirectly what they cannot regulate directly”

Update November 20 2015, in looking at a 2011 NCTCOG document, the word “reasonable” came up with respect to drilling setbacks in urban areas….and “as allowed by law”…thinking that was Home Rule law? Seeing that the UNreasonableness of Dallas’ setback … Continue reading

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