Re:Fracking boom tied to methane spike in Earth’s atmosphere
by bpodgursky on Sunday October 13, 2019 @03:11PM
(#21242243)
Fracking in the US is very low-infrastructure. It's not like the 10-30 years it takes to spin up a deep-sea drill rig. It's literally a month or two and a couple million dollars. Here are some actual numbers: https://www.roseassoc.com/the-current-costs-for-drilling-a-s...
That's the whole reason it has taken off -- you turn it on when prices are high, you turn it off when prices are low.
We aren't committing to 30 years of energy policy by fracking in the US. You're committing a to maybe a couple years to pay off the investment.
That's the whole reason it has taken off -- you turn it on when prices are high, you turn it off when prices are low.
We aren't committing to 30 years of energy policy by fracking in the US. You're committing a to maybe a couple years to pay off the investment.