In Reply to: RE: I haven't been following it posted by timm on June 25, 2017 at 11:01:59:
It is part of my ongoing market and economic tracking work and I occasionally trade energy and related stocks. Have a slight background in the industry.
A big part of the drop in costs is due to water recycling and distribution of fracking to side bores off the well casing that apparently frack more stone with less pressure.That reduces the environmental footprint greatly compared to wells pre 2011. Of course, shallow wells increase the risks to ground water, but most wells are far deeper than ground water.
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- RE: I haven't been following it - Satie 13:08:38 06/25/17 (0)