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Political Factoid
Natural gas companies bet heavily
with the shale gas wells they drill.
- The gas probably will not be as easy and
cheap to extract as investors had been told.
- Lower production than hoped for
- Higher "drying" costs of the
steam-extracted gas
- Lower net energy after extraction
than theorized
- The adverse impact to the environment will
likely be significant.
- Excessive water consumption and
contamination
- Methane release into the atmosphere
- Underground damage from fracturing
- Contamination of ground water
cf.
2120,
1437,
1477
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