Will Fracking Concerns Ease Following this Report?

The biggest fear for the American public surrounding hydraulic fracturing is the potential for fracking fluids to contaminate drinking-water sources. Based on a recent U.S. Geological Survey study, though, some of those concerns may not be as warranted as originally thought. Over a one-year period, the study found no change in indicator contaminant levels from a random sampling of wells in the Fayetteville shale play. 

Oil and gas drillers in the U.S. will boast about news like this, but hydraulic fracturing isn't quite out of the woods yet. In this video, Fool.com contributor Tyler Crowe discusses some of the other hurdles fracking will face and suggests some companies that are pioneering ways to deal with it. 

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  • Report this Comment On May 27, 2013, at 10:28 AM, wferaaa wrote:

    All subsurfaces are different results from Fayetteville shale play will not reflect actual results from other shale plays like the Marcellus where people are having issues .The chemicals used are one concern ,but the initial bore drilling at lower levels are more of a concern ,Drilling muds used in the drilling ( at low levels no casing is in place while drilling the initial bore hole ) can exceed levels of 5000 PSI or more and cause migration of natural substances including but not limited to Biogenic NG,Heavy metals,and minerals to migrate up from lower formations into areas containing Aquifers .Formations have fractures pathways for this to occur .....and it does ..!!

  • Report this Comment On May 27, 2013, at 1:09 PM, kthor wrote:

    Will Fracking Concerns Ease Following this Report?

    NOPE ..hard to trust the government, especially the obama one ... alot of this agencies are bribed easily ...

    then check out wferaaa post, make sense

    then it only takes one accident to screw up our water supply for 100's of years ...

  • Report this Comment On May 27, 2013, at 4:32 PM, dfox1836 wrote:

    Please check out a waterless approach to Fracking: GSFVF.

    I've been following this stock for just over a year and it looks like it's ready to break out. In the 1st Q conference call, the acting CEO gave aggressive guidance and there's been some insider buying.

  • Report this Comment On May 29, 2013, at 9:39 AM, 2good2betrue wrote:

    what about benzine and other carcinogenics that are being used? The study seemed too narrowly focused - this discussion seemed to "suggest" the study was comprehensive. Clearly it was not.

    A real tell tail study would not only include impact of deep drilling in "isolated areas", but also the known cases where things have NOT gone so cleanly - like where benzine and other containments have entered shallow drinking water wells and forced those residents to have water "trucked in". Also, a land use study about the impact of building the wells, air quality around the wells, and what the "total impact" to the environment has been as a result of the prolific placement of the wells. This has yet to be addressed - but I guess we only talk about positive things.

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