US Govt helped the oil-shale industry

Discussion in 'Current Events' started by mdrobster, Sep 23, 2012.

  1. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,550
    Likes Received:
    13,094
    Trophy Points:
    113
    http://news.yahoo.com/decades-federal-dollars-helped-fuel-141648115.html
    Over three decades, from the shale fields of Texas and Wyoming to the Marcellus in the Northeast, the federal government contributed more than $100 million in research to develop fracking, and billions more in tax breaks.

    Once again, for the betterment of this union, the US govt assisted industry, without the govt help, who knows how long it would have taken for this option to even be possible.
     
  2. Margot

    Margot Account closed, not banned

    Joined:
    Oct 23, 2010
    Messages:
    62,072
    Likes Received:
    345
    Trophy Points:
    0
    The first use of hydraulic fracking was in the mid 1940s.
     
  3. waltky

    waltky Well-Known Member

    Joined:
    Jan 26, 2009
    Messages:
    30,071
    Likes Received:
    1,204
    Trophy Points:
    113
    Gender:
    Male
    The Keystone of coal and fracking protests...
    :dohtwo:
    Analysis: Coal fight looms, Keystone-like, over U.S. Northwest
    23 Sept.`12 WASHINGTON (Reuters) - Call it the Keystone of coal: a regulatory and public relations battle between environmentalists and U.S. coal miners akin to the one that has defined the Canada-to-Texas oil pipeline.
    See also:

    Gas drilling protests held in US, other countries
    — Demonstrators in the United States and other countries protested Saturday against the natural gas drilling process known as fracking that they say threatens public health and the environment.
     
  4. mdrobster

    mdrobster Well-Known Member

    Joined:
    Aug 11, 2011
    Messages:
    34,550
    Likes Received:
    13,094
    Trophy Points:
    113

    Non sequitor.

    Hey these companies wouldn't exist if it weren't for the US govt, proud to be an American.
     

Share This Page