Monday, October 28, 2013

What's fracking done for you?

15 million Americans live within 1 mile of fracking operations.  There is a glut of natural gas on the market.  Yet, natural gas prices are up.  Over 50% of homes use NG heat, and on average they will pay 13% more this winter, in a surplus.  Hey this doesn't make sense!
Price is up in anticipation of shipping our NG to other nations, a world market price like oil, even if you discover more the price is set by world demand not our needs or demands.
Consumers are mostly unaware of this.  There is a group of companies filing suit to stop the approval of these export terminals which will raise operating costs in the US.  Dow Chemical is leading the fight.  When these ports are in operation our NG prices will sky rocket and fracking will expand further.  15 million will become 25, 50?
The Chamber of Commerce, which is business lingo for "middle class not needed", is fighting for these ports to be approved, giving 93% of their donations to the GOP, which dutifully runs the nation for the corporations.  Who would have thought that finding more gas means the nations industries will become less competitive and homeowners bills go up?  Kiss converting trucks to NG good bye.
Screw'm, stick'm with their surplus!  Find a way to use less NG this winter.

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