Really interesting article, this guy and his "prophecies" was one of the reasons i got in to QEC from the start. I still belive he will be right in the end, even though it might take some time. I think that arguments from top guys like Pickens will make sure that common sense and science will prevail in the end, even i Quebec ;)
http://www.pickensplan.com/news/2011/12/08/us-spent-367-billion-on-foreign-oil-in-november/
Also, Chesapeake might have some interest from Total regarding their Ohio-based Utica shale:
http://blogs.wsj.com/deals/2011/12/07/total-considers-taking-stake-in-chesapeakes-utica-shale/
West Virginia just gave the green light for shale gas drilling in the Marcellus area and i think that we will see more green lights in the future. In this economic climate, im having a hard time seeing that someone can afford not to allow this industry to move forward. Especially when the opposing arguments dont really have that much scientific basis, they are just focusing on the bad seeds, which the industry wants to get rid of as well:
http://www.cbc.ca/news/canada/montreal/story/2011/12/13/qc-video-shale-gas-protest.html
I really hope that the Pavillion case will spark a new discussion about fracking, focusing on when its safe and when it is not safe. I actually think that the Pavillion case could work for us, because now the industry can explain that there can be problems if things are done improperly, but these things can also be done safely. Then the focus of the discussion can change from whether this industry is safe or not, to that this industry is safe when things are done properly. And from that we should be able to get regulations that everbody is satisfied with. I think Mike made these points when he commented on the Pavillion case.
Greetings from Sweden
