A Quote by Lil B
Let's stop fracking. Who knows about hydraulic fracking? I'm like, whodie, get that oil out the ocean!
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Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.
While she [Hillary Clinton] promotes fracking and established an office as secretary of State to promote fracking around the world. The cutting edge science now suggests fracking is every bit as bad as coal.
I would say to everybody that hydraulic fracking is safe.
Environmentalists should like fracking for its relative cleanliness. But they don't. They have made a bugaboo out of the chemicals in fracking fluids, which supposedly can leach into groundwater sources. I'm convinced they're dead wrong. Ultimately, good technology with a cost advantage will win out over paranoia.
Hydraulic fracking is very much a necessary part of the future of natural gas.
Other than areas of high-tech, fracking is probably one of the largest areas where concentrated growth in America's economy is taking place. There are oil booms in the Dakotas, in North Dakota. They are having to build entire cities, towns, to house employees showing up to work in fracking. The left is trying to shut it down under some claim that it destroys the environment. Natural gas and oil, of course, are the evil twins of opposition to the mainstream environmentalist wacko movement.
If the oil runs out, we'll be reduced to fracking Alex Salmond.
[Hillary Clinton'] transition director being Ken Salazar, I think, indicates that she will continue to be a friend to fracking. It's not possible to solve the climate crisis while we continue to expand fracking.
Fracking is our biggest enemy right now in the U.S. Actually, not just in the U.S., because all our water systems are interconnected. Whether you're reading this in New York State or in Japan, fracking is screwing you over.
The oil patch pays good. They're decent jobs paying between 50 and 70 thousand a year. Fracking has a big impact on the oil consumption in the United States.
The interests behind fracking are very powerful and they've managed to control the dialogue for a while, because they have forced people to sign disclosure agreements; people who have had negative experiences who are not able to speak out because they've signed disclosure agreements with the gas companies. Things like this. They've managed to strangle the opposing viewpoint, but it does seem like the people who are against fracking have started to gain some traction and the realities of what an environmental nightmare it is are starting to become known.
Americans are worried about pollution - oil trains running through their towns, fracking in their neighborhoods, coal dust in their air. They're worried about what the future will look like for their children if carbon pollution continues unchecked.
Maybe this isn't a common thought that goes through one's mind when considering children, but I think about the ramifications of climate change and how the extreme weather conditions will only get worse as we keep drilling for oil and fracking for natural gas. Do I want to bring a little human into that mix?
Oil is a special case. Saudi Arabia is trying to drive U.S. fracking rivals out of business, while also hurting Russia. This lowers gas prices for U.S. and Eurozone consumers, but not by enough to spur economic recovery.
I think, again, the overall intellectual structure of the speech is very much consistent with what Donald Trump has been saying on the campaign trail. He's against free trade. He's against immigration. But he has been in favor of tax reform, and he has been afraid of - in favor of developing American energy sources like through fracking or hydraulic fracturing.
High prices can be the result of speculation, and maybe plunging prices can be attributed to the end of speculation, but low prices over time aren't caused by speculation. That's oversupply, mainly by Saudi Arabia flooding the market with low-priced oil to discourage rival oil producers, whether it's Russian oil or American fracking.
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