Monthly Archives: April 2012

Drilling Is Not the Answer

The Associated Press reported last week that we are faced with a glut of natural gas in the United States at the moment, the result of increased production generated by fracking, along with decreased demand at the end of a winter of record warm temperatures. As a result of the price collapse, the profit-driven oil and gas industry is cutting back on production at existing wells, slowing down the pace of new exploration, and diverting some of its natural gas drilling efforts toward higher priced oil. Continue reading

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