BloombergView: How to Save Water on Fracking – By making approval for fracking contingent on responsible water practices, states can drive even greater innovation — perhaps to the point where frackers come to operate without using any water at all.
http://bloom.bg/1ffydW1
Exxon CEO, Rex Tillerson, has joined a lawsuit that aims to block construction to support fracking projects near his home in the Dallas suburb of Bartonville, Texas.
Exxon CEO Lawsuit 2014-02-20
Link to US Congress research report regarding an automatic mortgage default for homeowners who sign Oil Leases if permission not granted prior to signing a lease.
http://maloney.house.gov/sites/maloney.house.gov/files/documents/environment/2011%200915%20CRS%20Memo-%20GSEs%20%20Oil%20%20Gas%20Leases.pdf
New York Times article on Rush to Drill for Natural Gas Creates Conflicts With Mortgages
http://www.nytimes.com/2011/10/20/us/rush-to-drill-for-gas-creates-mortgage-conflicts.html?_r=1&pagewanted=print&
Documents: Questions have emerged from bankers, credit union officials, insurers, real estate experts and appraisers about the potential impacts that oil and gas leases on residential and farm mortgages. The following is a collection of documents that relate to these issues.
http://www.nytimes.com/interactive/us/drilling-down-documents-8.html?_r=0#document/p10/a33503
If any of us think that the oil and gas industry is going to operate in Michigan any differently than they are doing, or have been in any other state, needs to wake up. This is just one example:
Center for Biological Diversity
Release 10-6-2014
Document Reveal Billions of Gallons of Oil Industry Wastewater Illegally Injected into Central California Aquifers
Almost three billion gallons of oil industry wastewater have been illegally dumped into Central California aquifers that supply drinking water and farming irrigation.
Testing found high levels of arsenic, thallium and nitrates in water supply wells. More information:
hppt://www.biologicaldiversity.org/news/press_releases/2014/fracking-10-06-2014.html