Tell the Fracking Truth
There has been a lot of talk about the terrible effects of fracking. However, us oil people want to set the record straight, and not embellish the true reality. So, what is really going on? Marin Katusa give some additional details about the fracking truth.
And what others may consider concern, we consider potential. As two plates of Earth’s crust naturally shift along their fault line, they can sometimes get hung up on rocky “hooks” called asperities. As the plates keep trying to move, stress builds and builds. The huge earthquakes we all fear occur when the stored energy has built enough to break through the asperity: the gradual slide becomes a destructive jerk.
Small tremors, on the other hand, reduce the pressure one bit at a time. Whenever there is a major earthquake or a discussion of when California or Vancouver or Japan will get hit with the next Big One, someone often laments, “If only we had a way to release the pressure beforehand!”
What if hydraulic fracturing could relieve the stress on the faults in earthquake-prone areas? Clearly the notion needs a battery of modeling and tests before it’s anything but a concept, but on a basic level the idea makes sense. Perhaps by releasing the accumulated stress at depth slowly with small tremors, we could mitigate the Big One enough that it might not be so big after all.
If nothing else, the concept is a reminder not to fear serendipity. Finding something you didn’t expect when attempting something else is how the scientific world achieved many of its major breakthroughs.
As investors know, risk brings reward, and in the case of fracking, this too applies. Yes, there are risks, but we need to utilize our resources in order to continue our current life style. This is the best approach we have found.
Quotes taken from report by Marin Katusa, Read the entire article here.
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