Hydraulic Fracturing/Fracking

Fracking mogul reportedly wins bidding war for NFL’s Bills

Source: 
National Journal

Terry Pegula, who made his fortune in fracking, will reportedly be the new owner of the Buffalo Bills at a price tag of near $1 billion, National Journal reports.

Economic revival in Ohio, Rust Belt, on back of energy boom

Source: 
The New York Times

Fueled by the energy boom, new industry is springing up in Ohio and other parts of the Midwest that were depressed economically but now play host to a wave of shale drilling, The New York Times reports.

Anti-fracking billboards in Ohio coming down

COLUMBUS, Ohio (AP) — An Ohio man who uses a biblical reference and a statement against "poisoned waters" in billboards opposing the disposal of gas-drilling wastewater says the messages will come down Tuesday.

Michael Boals, of Coshocton east of Columbus, told The Associated Press the billboards' owners were ending his three-month verbal agreement after two months unless he agreed to change the text.

Well-owner Buckeye Brine, of Austin, Texas, filed a lawsuit in July over the ads, contending the signs contain false and defamatory attacks.

Limited water could hold back fracking

Source: 
FuelFix

An analysis from the World Resources Institute says 38 percent of the world’s shale gas and oil reserves are located in areas with limited water supplies and concludes that may limit the global development of fracking, FuelFix reports.

Oil

Argentina, Malaysia in deal to develop oil field

BUENOS AIRES, Argentina (AP) — State-run Argentine oil company YPF SA said Thursday it has reached a deal with Malaysia's Petronas to develop what is believed to be massive deposits of shale oil and gas in the vast Vaca Muerta formation in Patagonia.

YPF said the Malaysian state-owned oil company will provide $475 million of an initial investment totaling $550 million for a pilot phase scheduled to start early next year.

China’s troubles with shale gas

Source: 
The New York Times

China’s attempts to tap into shale gas have been lagging behind rocketing demand, The New York Times reports.

Opponents dominate 1st NC public hearing on fracking

Source: 
WNCT

Three quarters of those who spoke out at a hearing on fracking before North Carolina’s Mining and Energy Commission Wednesday were against the practice, WNCT reports, noting that three more sessions are scheduled and the commission will make recommendations on modifying any regulations to the General Assembly in January.

Michigan taking radioactive fracking waste

Source: 
Detroit Free Press

Michigan was to have accepted up to 36 tons of radioactive fracking waste that other states rejected, the Detroit Free Press reports.

Brine hauler sues over biblical fracking billboard

COLUMBUS, Ohio (AP) — An Ohio man who uses a biblical reference and a statement against "poisoned waters" on billboards opposing wells for disposal of gas-drilling wastewater is fighting a legal threat from the Texas well owner on free-speech grounds.

Austin, Texas-based Buckeye Brine alleges in a July lawsuit that the billboards paid for by Michael Boals, of Coshocton in eastern Ohio, contain false and defamatory attacks against its two wells, which dispose of contaminated wastewater from oil and gas drilling.

The complaint by the company and Rodney Adams, who owns the land and operates the well site, contends the wells are safe, legal and meet all state safety standards. The parties object to statements on two billboards along U.S. Route 36, including one that "DEATH may come."

Potential problems from fracking highlighted in Maryland study

Source: 
The Baltimore Sun

Allowing fracking in western Maryland could bring health and pollution risks as well as social problems, according to a University of Maryland study, The Baltimore Sun reports.

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