Wednesday, April 09, 2014

The growing battle - the right to riches, or the right to life.

Frackers set sights on largest oil shale reservoir in US... near CA's San Andreas fault (Click here to read more)


oil shale Monterey CA fracking Big Oil
.
California is trying to solve a riddle: how to tap into the largest oil shale reservoir in the United States, one that covers 1,750 square miles, roughly from Bakersfield to Fresno. I'm trying to solve a different riddle: How greedy Big Oil can ignore the terrorizing prospect of triggering The Big One, the health of so many people and of our fragile environment.
.
The Los Angeles Times is reporting on a gigantic oil trove that's trapped in San Joaquin Valley's Monterey Shale formation, 15 billion barrels, to be exact. While drilling and fracking could be a huge bonanza for oil companies and create a boom that could transform California's economy, the consequences could do just the opposite. "The process of reinjecting drilling fluids into the ground is thought by some to stimulate minor seismic activity around drilling pads, dubbed 'frackquakes.'" Yes, what California needs to kick start a thriving economy is a San Andreas "frackquake."

No comments: