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NY Times: "Hydrofracking Could Strain Water Resources in West"

1 min. read

The New York Times reports on yet another important  reason why the logic behind oil and gas fracking is highly questionable.

The rapid expansion of hydraulic fracturing to retrieve once-inaccessible reservoirs of oil and gas could put pressure on already-stressed water resources from the suburbs of Fort Worth to western Colorado, according to a new report from a nonprofit group that advises investors about companies’ environmental risks.

“Given projected sharp increases” in the production of oil and gas by the technique commonly known as fracking, the report from the groupCeres said, “and the intense nature of local water demands, competition and conflicts over water should be a growing concern for companies, policy makers and investors.”

Add that to fracking's highly tenuous" economics, plus its contamination of aquifers, and it doesn't add up to a particularly attractive picture.