If you think that Pennsylvania will impose any kind of meaningful regulatory control over the natural gas industry’s drilling practices, let me quote you a headline and the first paragraph of an article at the bottom of page 4 of today’s New York Times business section:
BHP Billiton Adding Shale Natural Gas Assets With Petrohawk Deal
BPH Billiton said Thursday that it would buy Petrohawk Energy for about $12.1 billion in cash, as the mining giant continues its quest for shale natural gas assets.
I try not to be cynical. I continue to believe that individual citizens working together can make a difference. Nonetheless, I have little hope of affecting policy when two energy companies I never even heard of are tossing billions of dollars around for natural gas. I feel like the grass as a herd of elephants approaches.
Here's a good website. Be sure to read the Impact article on how drilling puts a strain on community services.
ReplyDeletehttp://stateimpact.npr.org/pennsylvania/