As an investor of natural gas, I would absolutely love gas prices to climb...but not at the expense of future sustainability of the environment.
The issue is not black and white, it's a multi-faceted issue with competing and compliementary issues at play.
Have a nice day.
I was hoping to get back with you with some references I had found regarding the potential hazards of fracking that I dug up a few months ago when I got into a battle on a liberal forum about it. Unfortunately, I can’t find my links in the thousands I have. I understand when you ask for objective studies of the issue because most studies are done either by industry or environmental groups and it gets difficult to sort out the propaganda. I think one of the more objective studies was done by the Department of Energy, but I believe they hired industry consultants to do it. While industry consultants may be deemed somewhat biased, most have PhD’s in petroleum engineering or hydrogeology and will provide fact based information upon which to draw a conclusion. Environmental hysteria is usually based on anecdotal evidence from people who don’t really understand anything about geology.
The reason I posted this story was because I believe it is mostly propaganda, but until I see it I won’t know for sure.
I consider myself environmentally conscious and believe the #1 resource we need to protect is our water supply. FYI, I have worked for both evil oil companies and for environmental protection agencies. It is my opinion you are usually going to get more objective information from oil companies.