Yale study (yes Yale) Shows Tremendous Societal Benefits of Shale Gas

This study done by Yale took the worst case scenario and it stil showed the that Gas from shale drilling has tremendous benefits for the country. Comparing it to importing LNG as was expected, we are saving $150 BILLION per year.

http://glenmeakem.com/2012/07/11/yale-study-the-arithmetic-of-shale...

Follow the links to get a PDF of the actual study or read the analysis of it by Forbes magazine.

The conclusion by Forbes; "not even inflated costs associated with unrealistically high incidences of  pollution can come close to balancing the societal benefits of the shale gas boom."

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Permalink Reply by Donna on July 12, 2012 at 9:19am

The statement that the benefits "OVERWHELMINGLY" outweigh any problems says it all.  Excellent read, thanks Jim.

Permalink Reply by Jim Litwinowicz on July 12, 2012 at 2:49pm

Donna; yes this study is  damning to the antis especially since they considered worse case scenarios. coupled with the recent release of a new Duke study showing no fracking fluid ground water contamination  it been a good week for the shale gas industry.

Permalink Reply by Ragnars Repo on July 12, 2012 at 9:41am
I can hear the fracktivists now. Thats cause the Bushes went to Yale.
2s72s0k9mm8gdPermalink Reply by 2s72s0k9mm8gd on July 14, 2012 at 2:27pm

But will Nationwide cover flood damages resulting from the sea of Fractivists' Tears to be shed?...... ;-)

 

Thanks Jim!

Permalink Reply by Jim Litwinowicz on July 12, 2012 at 11:13pm

This is a good study to use to fight back if you run into any antis or attend any of their events.

Permalink Reply by Marcus Grayson on July 12, 2012 at 11:41pm

I can't believe the Eli's did something right.

Permalink Reply by Dan on July 13, 2012 at 7:24am

Jim,

Great piece of news.  Thanks

Permalink Reply by Jim Litwinowicz on July 14, 2012 at 11:41am

Your welcome; wish more people would read it, maybe send copies to local papers or write" Letter to the Editors" about it.  We need to fight back!

Permalink Reply by Jim Litwinowicz on July 15, 2012 at 10:11pm

Bump

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