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El Paso Corp. Message Board

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  • Emperical Emperical Oct 4, 2011 1:10 PM Flag

    If I were running for Pres .

    Well, it's heresy to say this, I know, but...shale gas development is NOT necessarily "clean energy" as opposed to conventional gas; the two are not the same. The total greenhouse-gas footprint from shale gas exceeds coal; fracking-return fluids present potential huge problems; local air pollution from cancer-causing benzene can occur, etc.. In short, it is not green enery. And the USGS's most recent report concludes DOE has over estimated the Marcellus shale reserves by an astounding five-fold. Hey, don't get me wrong, I'm in deep in investments in shale gas, too. But I hope we don't find ourselves caught up in another boom and bust venture like the dot-com bubble.

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