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Tuesday, May 17, 2011

An interesting new article on GasFrac stock

Recently, Ronald Bailey, the Science reporter for Reason wrote an informative piece on hydrofracking and the various complaints against that process from the "green" groups on the left. Since the article did not address the LPG process used by GasFrac (which is the answer to every complaint about hydrofracking and the environment), I wrote to Mr. Bailey and told him about Gasfrac. Mr. Bailey has now published a followup article that discusses the Gasfrac process in detail. It is yet another way to get out the word on this exciting and environmentally beneficial process.

Anyone interested in reading the Bailey article can reach it by clicking on the title to this post.

2 comments:

orpills said...

that's an interesting reading
I am studying the subject and i found Ecosphere Technologies, Inc.
It is using its Ecosphere Ozonix technology to assist gas and oil companies in treating water used to fracture natural gas wells in an environmentally friendly manner; in eliminating the use of chemicals to treat bacteria and reduce scaling in the fracturing process; in eliminating the need to dispose of contaminated water which flows back after fracturing wells, which reduces environmental regulatory issues, and improving the efficiency and productivity of natural gas wells.
Do you know it? I would like to know your opinion about it, thanks

Jeff said...

I am not fully familiar with Ecosphere Technologies, so my opinion is not meant to be complete. You will still need to do your own due dilligence. The questions that you need to answer include these: 1)Is there a cost benefit to using the Ecosphere process over shipping the waste water to wells for injection back into the ground? 2)Do the wells perform in any different way after this process is used? (It seems to me that the answer to this is no). 3) If there is not a production benefit to the process and if there is no cost savings from the process over other ways of disposing of the water, why would this company prosper?