EPA Issues New Helpful Fracking Rules - Makes Industry Money

The Environmental Protection Agency has issued new regulations on drilling wells using fracking techniques to crack open shale to release abundant supplies of natural gas. Once a well has been drilled and before production can begin some fracking fluids flow back up the well combined with natural gas. The new rules require drillers by 2015 to use "green completion" techniques that involve capturing this initial outflow of natural gas.

Just how much natural gas escapes such wells is scientifically controversial. In this case, the EPA followed the usual bureaucratic inclination of an agency to aggrandize its power, ah, I mean, protect the health and welfare of the American people from cheap natural gas. Sadly, not too surprising.

However, the amazing thing is that EPA's crack team of fracking regulators have identified a business opportunity has apparently heretofore been entirely missed by natural gas producers. From the EPA statement:

EPA’s analysis of the final rules shows that they are highly cost-effective, relying on widely available technologies and practices already deployed at approximately half of all fractured wells, and consistent with steps industry is already taking in many cases to capture additional natural gas for sale, offsetting the cost of compliance. Together these rules will result in $11 to $19 million in savings for industry each year.

Just another happy example of how smart bureaucrats can help us regulate our way to prosperity.

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  • Evil Otto||

    If following the regulation causes the industry to save money, wouldn't they have started doing it even without the regulations?

  • o3||

    apparently half already have

  • Jerryskids||

    You assume that the industry only cares about making money. It's only a few million bucks and that's a small price to pay for the pleasure of poisoning groundwater supplies, polluting the air, killing wildlife, exterminating endangered plant life, contributing to global warming, wreaking havoc on humanity and - most importantly - making Earth Mother Gaia cry.

    (I assume you know Earth Mother Gaia Tears(TM) is the finest quality monocle polish.)

  • Jerryskids||

    The squirrels don't like superscript.

  • Jerryskids||

    Who knew Reason would be so intolerant of deviant textual practices?

  • The Other Kevin||

    Did that guy from Kentucky find this thread yet?

  • Formerly Almanian||

    SugarFree? No.

    Oh, Dick? Not yet...

  • ||

    EPA's analysis of the final rules shows that they are highly cost-effective, relying on widely available technologies and practices already deployed at approximately half of all fractured wells, and consistent with steps industry is already taking in many cases to capture additional natural gas for sale, offsetting the cost of compliance.

    "We order you to do what you're already doing!"

    (And yes, I just removed a bad apostrophe from that quote in order to get around the invalid comment problem.)

  • ||

    OK, which reason commenter's kid is this?

  • ||

    Probably one of my legion of illegitimate offspring.

  • Ska||

    You can't spell Episiarch without misspelling Parcheesi.

  • ||

    That may be even more profound than "I'd rather have this bottle in front of me than a frontal lobotomy". Maybe.

  • JW||

    You just exposed me to a class of commenters that rivals Youtube commenters in their insipidness and cheese-sniffing maze running talents.

    I'll never forgive you for that.

  • Coeus||

    Ya, that was pretty brutal. Someone should go on there and link to the "one good apple" cop story that was posted today. Then you'd really see some stupid.

  • Tonio||

    Ron, the canonical "red tape" was not adhesive tape, but a cotton ribbon used to keep stacks of paper together. This phrase dates from the 1800s. Don't know whether the red colored "tape" was only used by govt, or whether the color signified on-hold.

    Not first, dammit.

  • R C Dean||

    Its red colored twill ribbon. It was used by the federal government to bind documents

    I have a sample of it, encased in lucite(?) on my desk.

  • R C Dean||

    Stupid squirrelz.

    You can get your very own (it really is pretty cool) by googling "the original red tape".

  • R C Dean||

    Seriously, squirrelz. I used to be able to cut and paste a link, and it worked like a charm.

    Now, links appear to invalidate comments. If you're running a comment section on the internetz, shouldn't you let people insert at least one, single, solitary, lonely (so lonely) link?

  • ||

    HTML encode it, dude. It's so easy, even NutraSweet can do it...oh wait.

  • R C Dean||

    Hand-encoded HTML?

    So . . . primitive.

  • ||

    Tonio, please explain the true origin of "towing the lion" as well.

  • Restoras||

    And "tugging the loin".

  • o3||

    related - the main prob w contaminated water is unknown old wellbores which allow natgas access into aquifers per my buddy in the industry & another friend in the ohio epa. >evidently old wellbores were plugged w telephone poles pounded-in which eventually decompose. this is a tough one to solve

  • ||

  • Gilbert Martin||

    "EPAs analysis ......"

    Ha! Ha! Ha!

    That's a contradiction in terms.

  • دردشه عراقية||

    Thanks

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