President Obama just voted for fracking in the USA.
Here's the story:
Obama Drops the C-Word
Yesterday, the EPA proposed its guidelines for states regarding greenhouse gas emissions from fossil fuel-fired power plants.
Despite the fact that coal currently accounts for more than one-third of our electric power generation, these plants will be forced to cut carbon emissions by 30% by 2030.
The bottom line: many of the nation's 650 coal plants will be shut down in the next fifteen years.
Only fracking can take the place of coal right now.
Solar, wind and nuclear can help, but the only immediate substitute is natural gas from fracking.
In reality, this Administration just directed a vast expansion of fracking in this country.
At the same time, there is a great deal of opposition to fracking in towns and states across the country.
California is just one battle ground, with tiny Carson near downtown LA an anti-fracking flashpoint.
Cleaning up the water can reduce the environmental cost of fracking.
The key is to get the cost of frack water treatment down. And our technology can do that, eliminating chemicals and potentially reducing the energy needed to treat the water.
And now the industry is listening to us, because they want to address that opposition to fracking!
1,000 truck trips per frack job
If water has to be trucked in for a frack job, that's a thousand truck trips for each job.
A well can be fracked a dozen times. This is hard on lifestyles and roads.
And water is scarce in many places where fracking occurs.
Reusing the water can reduce both costs and truck trips, making everyone happy.
Oil wells can actually generate extra water that farmers can use for irrigation.
In the West, the water game is about who can get what from scarce allocations.
But the oil industry can deliver abundant fresh water from the extra water they generate!
“The fact that we have this water coming in, it’s a tremendous bonus,” says David Ansolabehere, general manager of the irrigation district, near Bakersfield. KQED Science
On the 27th of May, we took our technology out of the lab and into the field.
Our premiere in Delta was a huge success... check out the video!
Many MANY thanks to Bill Charneski, Lee Portillo, Andrew Davies, Dave Anderson, Javier Torres, Jim Galicia and of course my brother, Chief Research Officer Nicholas Eckelberry.
Next stop Houston! THE SHOW!
Meanwhile, ISI is making sales, and at a at a waste water treatment plant in California, Pearl Blue Water is testing its OriginOil-powered machine...
Our prospective customers and licensees were waiting for us to deliver a demonstration-scale machine. The floodgates have opened.
Webster says "Frack"
On May 22nd, Merriam Webster added "frack" to its dictionary.
What do we think?
- We like "frac" when it seems to fit (CLEAN-FRAC™ or "frac flowback water")
- We don't use "fracing" as a verb, it just doesn't look right.
- We do say "frack water cleanup" because that's what the world seems to understand.
End of debate? I hope so! We're getting on with it.
Have a great week!
Riggs and Team
President & CEO
OriginOil, Inc. (OOIL)