TV News LIES

Wednesday, Jan 28th

Last update10:16:13 AM GMT

You are here News Energy Obama forms panel to improve fracking safety

Obama forms panel to improve fracking safety

E-mail Print PDF

Steven ChuAfter a series of high-profile natural gas drilling spills, the Energy Department named a panel to recommend ways to improve the safety of hydraulic fracturing, or fracking, a technique that has expanded the country's potential to extract the fuel.

President Barack Obama asked the DOE to form the panel of academic and environmental experts to identify any immediate steps that can be taken to improve the safety and environmental performance of fracking, the DOE said on Thursday.

The panel, which includes John Deutch, a professor at the Massachusetts Institute of Technology, and Daniel Yergin, the chairman of IHS Cambridge Energy Research Associates, will report those steps within 90 days of beginning their work.

Within six months they will also develop advice for the government on practices for shale extraction to ensure public health and the environment.

"America's vast natural gas resources can generate many new jobs and provide significant environmental benefits, but we need to ensure we harness these resources safely," DOE Secretary Steven Chu said in a release.

In fracking, drillers unlock trapped natural gas by cracking rocks deep underground with blasts of mixed water, sand and chemicals.

Drillers say fracking has opened up vast new supplies of natural gas that will reduce imports of the fuel. Backers also say it could reduce oil imports in the future, if vehicles are converted to run on natural gas.

More...


Most Recent Related Stories...


Energy Crash — 97% of Fracking Now Operating at a Loss at Current Oil Prices

Fracking at a lossIf the Saudis wanted to crush America's shale oil industry they are certainly doing a good...

Oil prices plummet as OPEC decides against output cut

Oil prices plummetCrude prices collapsed Thursday after the powerful oil collective OPEC said it wouldn't intervene in global...

Oil hits five and a half year low under $55 on supply glut

Oil hits five year lowOil prices slumped to new 5-1/2-year lows on Monday on worries about a surplus of global...

One dead in Gulf of Mexico rig accident

Oil rig explosionThere is no pollution associated with an explosion on a drilling platform about 12 miles off...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!