{"id":1870,"date":"2011-11-04T16:58:46","date_gmt":"2011-11-04T16:58:46","guid":{"rendered":"http:\/\/blogs.edf.org\/energyexchange\/?p=1870"},"modified":"2011-11-23T17:27:16","modified_gmt":"2011-11-23T17:27:16","slug":"shale-gas-reserves-could-reignite-u-s-economy","status":"publish","type":"post","link":"https:\/\/blogs.edf.org\/energyexchange\/2011\/11\/04\/shale-gas-reserves-could-reignite-u-s-economy\/","title":{"rendered":"Shale Gas Reserves Could Reignite U.S. Economy"},"content":{"rendered":"<p>By: Drew Nelson, EDF&#8217;s Clean Energy Project Manager<\/p>\n<p>Yesterday, Bloomberg News produced a comprehensive <a href=\"http:\/\/www.bloomberg.com\/news\/2011-11-03\/shale-gas-reserves-have-potential-to-reignite-u-s-economy.html\">article<\/a> on shale gas and the hydraulic fracturing process used to tap it.\u00a0 The article provides some interesting history on how hydraulic fracturing has gone from a fringe technology practiced by only a few innovators to a widespread technology that<strong>, <\/strong>along with horizontal drilling, led to the current shale gas boom.\u00a0 It also highlights the fact that expanding U.S. shale gas production will play an important role in the U.S. economy and provide potential wins to local economies, local air quality, and the global climate system.\u00a0 However, as EDF President Fred Krupp points out in the article, these wins will only materialize IF the U.S. produces shale gas \u201cin the right way.\u201d\u00a0<\/p>\n<p>The article highlights EDF\u2019s role on the front lines of ensuring that shale gas is produced in the right way, which we believe should include, among others:<\/p>\n<p>&#8211; Comprehensive disclosure of hydraulic fracturing chemicals (significantly, a Chesapeake Energy spokesman notes in the story that industry\u2019s failure to disclose that information has led to a lack of trust by the public and slowed down industry efforts to expand drilling);<br \/>\n&#8211;\u00a0Modernization of rules for well construction and operation;<br \/>\n&#8211;\u00a0Systems-based management of wastes and water;<br \/>\n&#8211;\u00a0State and national standards for improving air quality and reducing climate impacts; and<br \/>\n&#8211;\u00a0Minimization of land use and community impacts from natural gas development.<\/p>\n<p>It is important for the natural gas industry to realize that business as usual isn\u2019t going to cut it and EDF will continue to work with responsible gas companies to get the rules right.\u00a0 Stay tuned.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By: Drew Nelson, EDF&#8217;s Clean Energy Project Manager Yesterday, Bloomberg News produced a comprehensive article on shale gas and the hydraulic fracturing process used to tap it.\u00a0 The article provides some interesting history on how hydraulic fracturing has gone from a fringe technology practiced by only a few innovators to a widespread technology that, along &#8230;<\/p>\n","protected":false},"author":6720,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[693],"tags":[],"coauthors":[],"class_list":["post-1870","post","type-post","status-publish","format-standard","hentry","category-natural-gas"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - 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