Never mind the horrendous air, water and soil pollution. Never mind the intrusive and dangerous infrastructure. Never mind the loss of property and property values. It's damn hard to make money on shale gas.The shale gas fairytale continuesBy John … [Read more...]
The Shale gas economic shell game
If the future of the industry is that good, why are the principals selling out? Can’t they finance themselves from operating cash flow? Answer: no. A quote from an analysis of the shale gas economic shell game in which we are seduced into … [Read more...]
What ever happened to all that Barnett Shale money?
I thought the Barnett Shale was supposed to make us all wealthy. It seems Texas is having to rely more and more on federal money. Weren't we supposed to be all independent and everything?Rick Perry's Texas depends more and more on federal … [Read more...]
Worst Jobs in America: Oil Rig and Gas Pipeline Work
The main reason given by industry apologists to continue allowing industry to run rough-shod over us is JOBS, JOBS, JOBS... to infinity. Well, here's the truth about all those jobs industry provides:Those who work on oil rigs and gas pipelines have … [Read more...]
Drillers may pay fee for road damage
Fort Worth ponders a fee to cover road repairs from gas drillersBy MIKE LEEFort Worth has 1,600 gas wells drilled or permitted, and thousands more could be drilled as development continues in the Barnett Shale. Each well requires dozens of trucks to … [Read more...]
"Stop the Bull, Tell the Truth About Oil"
Democratic Congressional Candidates Call Combined Press Conferenceto Tell GOP Opponents,"Stop the Bull, Tell the Truth About Oil"PRESS RELEASETom Daley (CD-03)Glen Melancon (CD-4)Tom Love (CD-24)Ken Leach (CD-26)Eric Roberson (CD-32)Accused their GOP … [Read more...]
Henceforth ONLY Buy Ben & Jerry’s Ice Cream
Watch the animation. It's been around for a while but it's still enlightening. … [Read more...]
TxDOT to inspect Wise County, Texas bridge
Texas' 16 steel deck truss bridges will be inspected by Texas Department of Transportation and that includes the West Fork Trinity River bridge in Wise County.LinkTexas Kaos provides a link to a pdf file that lists Texas bridges in bad condition.Also … [Read more...]
Damn those "tax and spend" Democrats!
SourceHEADLINES THAT YOU NEVER READ IN THE REPUBLICAN-OWNED U.S. MEDIA:President Ronald Reagan is the first President to increase the National Debt by more than $100 Billion in one year!President Ronald Reagan is the first President to increase the … [Read more...]