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TAKE ACTION NOW! UK: Stop Cuadrilla Test Drilling and Fracking for Oil at Balcombe, West Sussex.


Environment  (tags: Fracking, FRACTIVISM, fractivism, activism, environment, destruction, protection, nature, ecosystems, conservation, energy )

Cal
- 644 days ago - thepetitionsite.com
In 1986, energy company Conoco drilled an exploration well on the same site that Cuadrilla will use, situated half-a-mile from Balcombe village. According to the Departmrnt for Energy and Climate Change's records, more than 50 oil and gas wells have alre



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Comments

Nyack Clancy (525)
Monday August 19, 2013, 6:59 pm
Nyack,
you took action on August 19, 2013
 

AniMae Chi (453)
Monday August 19, 2013, 7:02 pm
AniMaeChi ..
Aug 20
# 33
 

Kit B. (276)
Monday August 19, 2013, 7:05 pm

Kit, you took action on August 19, 2013 Thanks Cal.
 

Natasha Salgado (618)
Monday August 19, 2013, 7:06 pm
Done-thx Cal
 

Lois Jordan (59)
Monday August 19, 2013, 7:35 pm
Signed. #40. Noted. Thank you, Cal.
 

Lisa sick Windsor (149)
Monday August 19, 2013, 7:37 pm
THANK YOU
for signing:
Stop Cuadrilla test drilling and fracking for oil at Balcombe, West Sussex.
 

GGmaSheila D. (174)
Monday August 19, 2013, 8:36 pm
Signed, noted and commented - The World has only a finite amount of fresh water. Fracking is using more than its fair share. Please protect your drinking water or you'll find yourself with only fracking's chemcal water.
 

Rose Becke (295)
Monday August 19, 2013, 11:01 pm
thank you for signing:
Stop Cuadrilla test drilling and fracking for oil at Balcombe, West Sussex.
 

Monica D. (580)
Tuesday August 20, 2013, 12:45 am
Signed.
 

Giana Peranio-Paz (413)
Tuesday August 20, 2013, 1:02 am
thank you for signing:
Stop Cuadrilla test drilling and fracking for oil at Balcombe, West Sussex.
 

Christeen Anderson (619)
Tuesday August 20, 2013, 1:55 am
S&N
 

Arild Warud (172)
Tuesday August 20, 2013, 2:54 am
Signed,TY Cal.
 

Frances Darcy (227)
Tuesday August 20, 2013, 3:05 am
done
 

Past Member (0)
Tuesday August 20, 2013, 3:10 am
Signed and noted.
 

Frans Badenhorst (561)
Tuesday August 20, 2013, 3:55 am
FRANS,
YOU TOOK ACTION ON AUGUST 20, 2013
you can help by sharing
 

Fi T. (18)
Tuesday August 20, 2013, 4:17 am
Leave the home of the wildlife tranquil
 

Aud nordby (731)
Tuesday August 20, 2013, 4:25 am
noted
 

John Gregoire (273)
Tuesday August 20, 2013, 4:39 am
signed -go cousins go- get the frackers out of the UK
 

Daniel Partlow (189)
Tuesday August 20, 2013, 5:04 am
S&N
 

Ana R (220)
Tuesday August 20, 2013, 5:09 am
# 131@N...
Thank you, Cal.
 

Mike M. (57)
Tuesday August 20, 2013, 5:11 am
N&S
 

Nils Anders Lunde (583)
Tuesday August 20, 2013, 5:20 am
N&S
 

Sandra Penna (108)
Tuesday August 20, 2013, 5:21 am
done.
 

Mary T. (333)
Tuesday August 20, 2013, 5:35 am
Signed & Noted - thank you Cal
 

Jeaneen A. (159)
Tuesday August 20, 2013, 5:53 am
signed
 

Carol J. (13)
Tuesday August 20, 2013, 5:55 am
Noted & signed. So much for Cameron & his multl millionaire cronies being the greenest government ever - I don't think so....
 

Mari 's (1358)
Tuesday August 20, 2013, 6:04 am
S&N tyvm
 

. (0)
Tuesday August 20, 2013, 6:08 am
Signed and Noted.
 

. (0)
Tuesday August 20, 2013, 6:56 am
Signed earlier this morning, noted now. Thanks for sharing, Cal. Fracking really needs to stop.
 

Lisa Neste (733)
Tuesday August 20, 2013, 7:44 am
THANK YOU
for signing:
Stop Cuadrilla test drilling and fracking for oil at Balcombe, West Sussex.
 

jeanne schreurs (205)
Tuesday August 20, 2013, 7:49 am
thank you for signing:
Tell TV Stations: Don't Air Citizens United's "Documentary"
 

Past Member (0)
Tuesday August 20, 2013, 7:50 am
Signed and noted. Thanks Cal.
 

Past Member (0)
Tuesday August 20, 2013, 8:05 am
petition signed
 

Past Member (0)
Tuesday August 20, 2013, 8:33 am
Signed
 

Arielle S. (316)
Tuesday August 20, 2013, 8:37 am
done - I bet they're kind of sorry they called it "fracking".....
 

Past Member (0)
Tuesday August 20, 2013, 8:58 am
Dont let them do fracking in the UK


signed & Noted
 

Kenneth L. (314)
Tuesday August 20, 2013, 9:43 am
Signed, thanks Cal!
 

Bartlomiej T. (307)
Tuesday August 20, 2013, 10:18 am
Signed. Thanks, Cal.
 

Tom Tree (236)
Tuesday August 20, 2013, 11:18 am
Oh, HELL YEAH!
Signed, Noted & Shared
Thank you for Sharing this.... !
 

Alice C. (1797)
Tuesday August 20, 2013, 11:38 am
The Fracking Chickens Are Coming Home To Roost

This won’t be the first time we’ve heard whispers of impending doom for the natural gas fracking industry, but since this one is coming from Bloomberg it’s probably worth a listen, so here’s the deal. Yesterday, Bloomberg reported that the boom in gas field purchasing from 2009 to 2012 has turned into a whopper of a bust, leaving oil and gas companies with a belly load of depressed assets and “disappointing” wells to go with falling gas prices.

As Bloomberg points out, the export market could keep the industry afloat until the next cycle ticks upward, but don’t look for much help from the domestic market as the cost of renewable energy continues to fall.

A Fracking Bust

How bad is the hurt? According to the Bloomberg article, a slowdown in drilling activity and a selloff of “lackluster” properties is reflected in a precipitous drop in U.S. oil and gas deals. All totaled up, activity in the first six months of 2013 fell 52 percent compared to the same period last year, down to $26 billion from a high of $54 billion.

Natural gas fracking industry bubble is busting.
Natural gas flare by Tim Evanson.

For those of you following financial news in the oil and gas industry over the past year that won’t be much of a surprise. In addition to Bloomberg, signs of a bursting gas bubble have been reported in detail by The Wall Street Journal, The New York Times and Rolling Stone.

The current drop in land values will also have a ripple impact on drilling activity into the future, as some key players in the industry depend on land asset sales to leverage growth.

If that’s starting to smell like a Ponzi scheme, join the Eric Schneiderman club. For the past couple of years Schneiderman, the U.S. Attorney General for New York State, has been looking into financial shenanigans among key players in the gas industry (Schneiderman has also been pressuring the industry to mitigate greenhouse gas emissions, but that’s a whole ‘nother can of worms).

A World Of Pain For Property Owners

Another angle to the industry’s financial woes is revealed in a new report on gas leases by Pro Publica, which documents how gas drillers have been cheating landowners and the U.S, government out of royalties hand over fist:

An analysis of lease agreements, government documents and thousands of pages of court records shows that such underpayments are widespread. Thousands of landowners…are receiving far less than they expected based on the sales value of gas or oil produced on their property. In some cases, they are being paid virtually nothing at all.

In many cases, lawyers and auditors who specialize in production accounting tell ProPublica energy companies are using complex accounting and business arrangements to skim profits off the sale of resources and increase the expenses charged to landowners.

The timing of the report is particularly bad in terms of federal leases, as the industry has been up in arms over proposed fracking rules by the Department of the Interior, which would tighten up regulations on federal property.

As for individual property owners, some of them have gotten themselves into a triple whammy. They’re being shorted on royalties, their property values are being affected by increased evidence of the harmful impacts of fracking, and now comes word that the insurance industry is casting the stinkeye on properties that host drilling operations.

In that regard there are two basic problems. First, though local lenders are still in the game, national banks are reluctant to finance mortgages for properties that host drilling operations, and in some cases for nearby properties as well. The second problem is that many homeowner policies don’t cover drilling operations on residential properties. The result, as predicted by Grist.org, will be a bust in residential properties to go with financial travails on the industry side.

The Natural Gas Export Market

If there’s one bright spot for the fracking industry, that would be the export market. Despite mounting evidence that greenhouse gas emissions from fracking could cancel out any advantage that natural gas has over coal, President Obama is still looking to natural gas as a cleaner “bridge” fuel as the renewable energy industry gears up. That includes an openness to gas exports as well as promotion of the domestic market.



Ironically, this week the President’s pitch for natural gas takes him on a bus tour through upstate New York, where players in the region’s key wine and tourism industries have been raising concerns over a proposal to expand gas storage and transportation facilities.

That leads us to another angle in the fracking picture, which is the purchase of US fossil fuel assets by overseas and global companies, leading to additional pressure on the federal government to permit more natural gas exports.

Even in a slump cycle, for example, Bloomberg reports that the top oil refiner in Asia, China Petrochemical Corp. (aka SINOPEC), bought up half of a Mississippi oilfield owned by the beleaguered US company Chesapeake Energy in a deal valued at more than $1 billion.

To add another wrinkle, the cost of solar power and other renewables has been sinking like a stone in the US, which puts even more pressure on drillers to find new markets overseas.

If the export market continues to open up for oil and gas, we’re now looking at a situation where US communities are forced to bear the public health, environmental and economic downside of fossil fuel extraction, without the full benefit of lower fossil fuel prices for individual US energy consumers and businesses.

Keep that in mind the next time you hear some of those US representatives in Congress lobbying for additional permits to export more gas and oil.


Read more at http://cleantechnica.com/2013/08/20/the-fracking-chickens-are-coming-home-to-roost/#ykpePgWshuMTmHhk.99
 

Alice C. (1797)
Tuesday August 20, 2013, 11:40 am
Signed and shared ~ Thanks Cal
 

Mike H. (243)
Tuesday August 20, 2013, 12:31 pm
Signed and noted
 

Debra Tate (17)
Tuesday August 20, 2013, 12:34 pm
Signed and noted! Shut them all down! No more fracking!
 

Past Member (0)
Tuesday August 20, 2013, 1:08 pm
Noted, signed, shared. Thank you Cal!
 

norma laborie (33)
Tuesday August 20, 2013, 1:12 pm
signed
 

Colleen L. (2)
Tuesday August 20, 2013, 1:17 pm
Petition signed. Thanks Cal
 

Dianne D. (471)
Tuesday August 20, 2013, 1:46 pm
signed
 

Kat K. (47)
Tuesday August 20, 2013, 2:23 pm
Signed~~thanks!!
 

Ellen Kent (0)
Tuesday August 20, 2013, 2:36 pm
Signed/Sent
 

Cathe Franklin-Romano (52)
Tuesday August 20, 2013, 4:00 pm
noted, signed & shared
 

Bryna Pizzo (139)
Tuesday August 20, 2013, 4:47 pm
Thank you, Cal! (s, n, p, t)
 

Dori C. (17)
Tuesday August 20, 2013, 6:40 pm
signed.
 

Nimue P. (307)
Tuesday August 20, 2013, 8:46 pm
S&N
 

Fran F. (118)
Tuesday August 20, 2013, 10:30 pm
Fran,
you took action on August 19, 2013

TY, Cal!
 

Marie W. (67)
Tuesday August 20, 2013, 11:21 pm
S&N
 

Inge Bjorkman (162)
Wednesday August 21, 2013, 12:05 am
Signed

Love
 

Unnikrishnan Sasidharan (48)
Wednesday August 21, 2013, 12:30 am
S+N
 

Victoria Pohrebna (278)
Wednesday August 21, 2013, 1:36 am
Victoria,you took action on August 21, 2013.
 

Tal H. (10)
Wednesday August 21, 2013, 2:34 am
Signed!
 

Lona Goudswaard (94)
Wednesday August 21, 2013, 3:55 am
S&N
 

Emma S. (231)
Wednesday August 21, 2013, 4:05 am
Absolutely done! Thanks, Cal.
 

Phyllis S. (6)
Wednesday August 21, 2013, 4:53 am
Stop them! Fracking poisons water supplies and causes earthquakes
 

Kathleen R. (138)
Wednesday August 21, 2013, 2:59 pm
signed & noted
 

Lynne Buckley (0)
Wednesday August 21, 2013, 3:26 pm
Signed
 

Lynne Buckley (0)
Wednesday August 21, 2013, 3:28 pm
Signed
 

janet f. (29)
Friday August 23, 2013, 7:33 pm
signed #487
 

Monica T. (278)
Saturday August 24, 2013, 12:30 pm
THANK YOU
for signing:
Stop Cuadrilla test drilling and fracking for oil at Balcombe, West Sussex.
 

Melania Padilla (193)
Saturday August 24, 2013, 5:40 pm
Signed
 
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