Ukraine Eyes New Drilling Method as Key to Energy Independence

Friday, May 6th, 2011

The Ukrainian government, long reliant on imported sources of energy to power the country, is aggressively pursuing the latest advances in natural gas drilling in hopes of tapping into large reserves trapped in shale deep underground.

The former Soviet state is working with major energy (more…)

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A Fracking Mischaracterization

Saturday, December 26th, 2009

 The headline on Tuesday’s editorial in Investor’s Business Daily – “Get the Frackin’ Gas” – is both clever and on the mark. The publication gets into trouble, however, when the body of its editorial veers into mischaracterizing ProPublica’s reporting on the environmental risks that need to be dealt with to produce the huge amounts of natural gas available underground in the United States.

Our reporters, led by Abrahm Lustgarten, have researched and written more than 50 stories on the subject over the past 18 months and are as expert on the topic as anyone in America.

Here is what is beyond dispute: The gas is highly desirable as a fuel, because it burns relatively cleanly and produces less greenhouse gas per unit of energy than oil or coal. There is lots of it obtainable within the U.S. using an enhanced version of an old drilling technology, called hydraulic fracturing or “fracking” – much more than was widely supposed just a few years ago. That means using natural gas to power cars and electrical generation doesn’t require sending huge sums abroad, weakening the dollar and strengthening countries that aren’t particularly friendly to ours – Russia, Iran and Venezuela among them.

(more…)

 
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