Fracking In New Jersey - My9 New Jersey

Fracking In New Jersey

Posted: Updated:
Newark, New Jersey (My9NJ) -

Hydraulic Fracturing is a newer form of getting fossil fuels out of the ground.  It’s called an unconventional form of drilling, because it isn't extracted the way oil wells have been set up in the past.  Horizontal drilling and Fracking aims to extract oil and gas from rock formations that were not economic to extract using conventional methods (ie: vertical drilling). 

First a company sets up a drill that goes thousands of feet straight down, than it sends a blast of pressurized water and chemicals horizontally to crack up the rocks and then like a vacuum, extracts the natural gas.

Here in Jersey, we have just discovered a large shale gas reserve called the "Newark Basin."  So what does that mean for New Jersey? 

Economist, and founder of Energy Policy Forum, Deborah Rogers explained that the Oil and Gas industry's economic portfolio is not as profitable as it is made out to be.  Even quoting energy officials themselves, like John Hofmeister, former Chief of Operations, Royal Dutch Shell who said, "to sustain growth, companies will need to drill many wells at a rate beyond the capacity of the industry as currently defined...those who ballyhoo oil shale and say this will take care of us - no, it won't."

Deborah also explained the misleading job growth numbers surrounding the shale gas boom. She said, "In 2011 oil and gas accounted for 181,000 direct industry jobs, whereas 183,200 direct industry jobs were created for renewables.  So based on a jobs per kilowatt scale, renewables are providing significantly more opportunity and creation.”

The U.S. Geological Survey, Post Carbon Institute, has just said, "Based on actual production, reserves have been overestimated by a minimum of 100% and as much as 400-500%." 

So, is it worth it for New Jersey to Frack?

  • Chasing New JerseyMore>>

  • Kid Stumbles Upon Ten Thousand Year-Old Arrowhead In LBI

    Kid Stumbles Upon Ten Thousand Year-Old Arrowhead In LBI

    Thursday, August 28 2014 5:07 PM EDT2014-08-28 21:07:59 GMT
    There are countless treasures to be found along the Long Beach Island shoreline. Sand dollars, conch shells and even ten thousand year-old arrowheads! That's exactly what happened last week to 10-year old Noah Cordle who was walking along the beach and stumbled over the ancient artifact. “I thought it was a mussel shell, but it looked kind of too pointy to be a mussel shell and so I picked it up and it was an arrowhead,” Cordle explained.
    There are countless treasures to be found along the Long Beach Island shoreline. Sand dollars, conch shells and even ten thousand year-old arrowheads! That's exactly what happened last week to 10-year old Noah Cordle who was walking along the beach and stumbled over the ancient artifact. “I thought it was a mussel shell, but it looked kind of too pointy to be a mussel shell and so I picked it up and it was an arrowhead,” Cordle explained.
  • Project Child Support’s Mobile Unit Helping Families In The Tri-State

    Project Child Support’s Mobile Unit Helping Families In The Tri-State

    Thursday, August 28 2014 10:25 AM EDT2014-08-28 14:25:04 GMT
    Project Child Support provides an array of different services to help assist both custodial and non-custodial parents throughout the tri-state area with child support related issues in order to help a child get the support they deserve. Yesterday their new mobile assistance center was set up outside of the family court building in Elizabeth, New Jersey to help spread the word about what they do and help those families engrossed in a child support battle.
    Project Child Support provides an array of different services to help assist both custodial and non-custodial parents throughout the tri-state area with child support related issues in order to help a child get the support they deserve. Yesterday their new mobile assistance center was set up outside of the family court building in Elizabeth, New Jersey to help spread the word about what they do and help those families engrossed in a child support battle.
  • Ortley Beach Power Problem Costing Couple $20k

    Ortley Beach Power Problem Costing Couple $20k

    Thursday, August 28 2014 10:21 AM EDT2014-08-28 14:21:44 GMT
    Doug and Liz Uhlig's home in Ortley Beach, New Jersey was completely destroyed after Superstorm Sandy. They have spent the last year-and-a-half rebuilding the home and raising it five-feet in order to meet the new FEMA flood standards. Unfortunately, the couple is still without power. After the Uhlig's rebuilt, they sent in all the necessary paperwork to the township for approval.
    Doug and Liz Uhlig's home in Ortley Beach, New Jersey was completely destroyed after Superstorm Sandy. They have spent the last year-and-a-half rebuilding the home and raising it five-feet in order to meet the new FEMA flood standards. Unfortunately, the couple is still without power. After the Uhlig's rebuilt, they sent in all the necessary paperwork to the township for approval.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices