Analysis by the father of American Geopolitics Dr. Daniel Fine, MIT.

Archive for March, 2012

Potential Bounty for North Carolina


By Dr. Daniel I. Fine

Nearly 40 years ago, when the first oil price shock from the Middle East and OPEC disrupted the American economy, North Carolina and Appalachia briefly became an oil and gas frontier. Following geological investigations, Chevron drilled an exploratory well in the Deep River Basin beneath Lee County, N.C. Oil was discovered at 5,000 feet, but it contained excessive paraffin and Chevron plugged the well.

It remains there today as a new natural gas and oil technology has emerged: the capability of opening tight rock formations or shale through hydraulic fracturing and horizontal drilling.

Why is North Carolina not yet a site for drilling rigs, mud and service companies? Why is there shale gas exploration and production in the Marcellus Shale in Pennsylvania and West Virginia, and on different rock formations in Arkansas, Texas and in the Rocky Mountains?

The answer is political.

Read Energy expert Dr. Daniel Fine’s Op-Ed “Potential bounty for North Carolina”now on Shale Gas in North Carolina


Dr. Fine writes “Nearly 40 years ago, when the first oil price shock from the Middle East and OPEC disrupted the American economy, North Carolina and Appalachia briefly became an oil and gas frontier. Following geological investigations, Chevron drilled an exploratory well in the Deep River Basin beneath Lee County, N.C. Oil was discovered at 5,000 feet, but it contained excessive paraffin and Chevron plugged the well. and asks the question: Why is North Carolina not yet a site for drilling rigs, mud and service companies? Why is there shale gas exploration and production in the Marcellus Shale in Pennsylvania and West Virginia, and on different rock formations in Arkansas, Texas and in the Rocky Mountains?

 

DENR: With safeguards, fracking is OK in North Carolina


Great story for Shale Gas creation in America! Pass it on!

RALEIGH State environmental regulators say the process of extracting natural gas from underground shale deposits, known as “fracking,” can be done safely if adequate protections are in place.

That’s the conclusion the state Department of Environment and Natural Resources reached in a study released Friday that legislators last year required it conduct with the Department of Commerce.

But the study cautions that not enough is known about many environmental and economic consequences of the practice of horizontal drilling and hydraulic fracturing. And, it says, because the oil and gas industry has been able to escape some federal environmental laws that apply to other industries, the state must clearly define its regulatory authority in order to protect people from contaminated water and other risks.

Fracking proponents hailed the study as proof that fracking is safe and viable for North Carolina, where it has been prohibited by law.

Energy Expert, Dr. Daniel Fine takes on the “opposition” against Shale Gas in North Carolina


Dr Daniel Fine takes on the opposition to Shale Gas and Fracking in the video below: Go to the John Locke Foundation website (locker room) for complete video

Please send this youtube video on to your friends and family–spread the word on this all important issue!

http://youtu.be/4Lbn9diK1PA

Dr. Fine spoke in Raleigh, NC in a lecture sponsored by the John Locke Foundation and the Jesse Helms Center entitled “Shale Gas Wars: From Pennsylvania to North Carolina

“While North Carolina struggles with an ongoing abysmal employment situation, fracking is providing a welcome boon for North Dakota, Pennsylvania, and Ohio, among others. Being a latecomer in the game could have its own benefits, however; as Daniel Fine of the New Mexico Center for Energy Policy has explained, North Carolina is well positioned to survey and adopt the best practices, the best technology, and the best legal landscape. And the Deep River Basin in Lee and Chatham counties offers an especially promising area for development.”

 

Dr. Daniel I. Fine works with the New Mexico Center for Energy Policy. He is a longtime research associate at the Mining and Minerals Resources Institute, MIT. Fine is also a policy adviser on nonconventional oil and gas. He is co-editor of Resource War in 3-D: Dependence, Diplomacy and Defense, and has contributed to Business Week, the Engineering and Mining Journal and the Washington Times. Fine has testified on strategic natural resources before the U.S. Senate committees on Foreign Affairs and Energy and Natural Resources. In this speech, he discusses “Shale Gas Wars: From Pennsylvania to North Carolina.”

Video

Energy Expert, Dr. Daniel Fine takes on the “opposition” against Shale Gas in North Carolina


“While North Carolina struggles with an ongoing abysmal employment situation, fracking is providing a welcome boon for North Dakota, Pennsylvania, and Ohio, among others. Being a latecomer in the game could have its own benefits, however; as Daniel Fine of the New Mexico Center for Energy Policy has explained, North Carolina is well positioned to survey and adopt the best practices, the best technology, and the best legal landscape. And the Deep River Basin in Lee and Chatham counties offers an especially promising area for development.”

Energy expert Dr. Daniel Fine takes on the “opposition” to Shale Gas in North Carolina


“While North Carolina struggles with an ongoing abysmal employment situation, fracking is providing a welcome boon for North Dakota, Pennsylvania, and Ohio, among others. Being a latecomer in the game could have its own benefits, however; as Daniel Fine of the New Mexico Center for Energy Policy has explained, North Carolina is well positioned to survey and adopt the best practices, the best technology, and the best legal landscape. And the Deep River Basin in Lee and Chatham counties offers an especially promising area for development.”

The full one hour video can be seen here–>”North Carolina’s approach to natural gas fracking” —>  http://lockerroom.johnlocke.org/2012/02/27/north-carolinas-approach-to-natural-gas-fracking/

On You Tube (2 minutes)—–>  http://youtu.be/4Lbn9diK1PA

Podcast: danielfine022712.mp4

Dr. Daniel I. Fine works with the New Mexico Center for Energy Policy. He is a longtime research associate at the Mining and Minerals Resources Institute, MIT. Fine is also a policy adviser on nonconventional oil and gas. He is co-editor of Resource War in 3-D: Dependence, Diplomacy and Defense, and has contributed to Business Week, the Engineering and Mining Journal and the Washington Times. Fine has testified on strategic natural resources before the U.S. Senate committees on Foreign Affairs and Energy and Natural Resources. In this speech, he discusses “Shale Gas Wars: From Pennsylvania to North Carolina.” Fracking’s promise of jobs, growth too compelling to ignore By Jon Sanders John Locke Foundation March 9

Dr. Daniel Fine discusses North Carolina’s approach to shale gas and hydraulic fracturing


Dr. Daniel Fine discusses North Carolina’s approach to shale gas and hydraulic fracturing.

via Dr. Daniel Fine discusses North Carolina’s approach to shale gas and hydraulic fracturing.

 

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