yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

Frack, Baby, Frack? What You Need to Know About Hydraulic Fracturing


2m read
·Nov 4, 2024

Processing might take a few minutes. Refresh later.

There's many processes that go into getting the natural gas out of a shell formation. One of those is hydraulic fracturing or fracking. It's a word that talks about a stream of water being pumped down a well shaft. Added to that stream of water are chemicals and sand to fracture the shell.

But it turns out fracking is a misleading term because some of the most troubling things that we worry about in hydraulic fracturing and in really the whole of Shell Gas development have nothing to do with that particular process. To tick off the issues, they include local air pollution, a significant source of smog, the problem of where do you get the millions of gallons of water that you use, and what do you do with that water after you take it out of the hole.

The issue of the waste that comes out of the hole, drill muds, and soil, and other things that need to be properly disposed of. Local community impacts: noise, traffic, forest fragmentation from drilling a lot of holes and putting well pads in. And finally, there's the global impact of climate change. We've been told that natural gas is 40% or so better than burning coal, and it turns out that methane, which is the main component of natural gas, does burn cleaner than coal.

But uncombusted methane, which leaks from the pipes and from the well heads, undermines that advantage or can, under some scenarios, completely erase that advantage. The troubling thing here is that no one knows what that leak rate is. Estimates vary between 1 and 8%, and it needs to be under 1% in order to have natural gas be a climate benefit under all scenarios.

So the Environmental Defense Fund has launched a study with a series of partners. The lead is the University of Texas, to determine what that leak rate is. I think it's very important that we get the number right and simultaneously that we do everything we can to reduce the rate of leakage.

More Articles

View All
Charlie Munger: 100 Years of Wisdom Summed Up in 12 Minutes
Studying Charlie Munger completely changed my life for the better, and I know it will do the same for you. Munger recently passed away just weeks shy of his 100th birthday, so I wanted to make this video as a tribute to him. I have spent countless hours s…
Rational Optimism Is the Way Out
In general, professions in which you get your feedback from other members of that profession tend to get corrupted. When you see a journalist writing articles to impress other journalists, or a restauranteur running a restaurant that’s designed to impress…
What is total compensation? | Employment | Financial Literacy | Khan Academy
Let’s say that you’ve just gotten these two job offers, and your goal is to figure out which one gives you the most total compensation. So pause this video and see if you can figure out the total compensation for Job A and for Job B, and then of course we…
Startup Hiring Advice from Lever CEO Sarah Nahm with Holly Liu
Seren: Holly, welcome to the podcast! Holly: Thanks for having us! Seren: Yeah, pumped! So, Holly, you have a question to start it off? Holly: Yeah, I’m super curious. Did you ever see yourself becoming a founder, a founding CEO? Holly: Oh my gosh, I …
Warren Buffett: A "Storm is Brewing" in the Stock Market (40% Stock Market Decline)
But I don’t mind at all under current conditions. Building the cash position, I think when I look at the alternative of what’s available in the equity markets and I look at the composition of what’s going on in the world, we find it quite attractive. War…
Functions defined by definite integrals (accumulation functions) | AP Calculus AB | Khan Academy
You’ve already spent a lot of your mathematical lives talking about functions. The basic idea is: give a valid input into a function, so a member of that function’s domain, and then the function is going to tell you for that input what is going to be the …