3 chapters across the catalog
An analyst's question during an Anadarko earnings call reveals the industry's struggle with "sub-$3" natural gas prices. The hosts explain that because gas is currently too cheap to be profitable for many fracking operations, companies are shifting focus to "liquids-rich" opportunities. They suggest that geopolitical instability is often used to "jack up" energy prices to benefit these corporations.
A listener from Pennsylvania describes a phenomenon where tap water near Marcellus Shale drilling sites can be lit on fire due to dissolved natural gas. While the industry claims this can occur naturally, the anecdote highlights the dangers of gas accumulation in pump houses and residential wells.
Natural Gas Fracking, Water Contamination Reports
Network news and HBO specials are increasingly covering the environmental impact of hydraulic fracturing (fracking) in the Marcellus Shale region. Residents in Hickory, Pennsylvania, report concerns over noise, dust, and contaminated well water. The discussion highlights claims of flammable tap water resulting from gas drilling operations.
