Fracking - where is it headed ?

[xoxoxoBruce]

It was also preferable to BP, to have the lowest bidder install the blowout protector.

Regulations mean more expense for the taxpayer trying to enforce them, and you know there's never enough eyes in those jobs. It also means spills won't be eliminated, just liability for the driller, if you can afford to prove beyond a shadow of a doubt, it was them and not the company drilling a mile from them.

Regulations are way better than none, but they are not the be-all-end-all of the problems.

[Lamplighter]

We are moving into another era of "cheap gas".
Today here in PDX, I paid only $1.99 / gal (regular)
(Oregon does not allow self-service, so other states should be even lower)

Imagine the consequences:
...long-trip vacations
...buy-a-new-car-every-two-years
...buy-a-house-in-the-suburbs
...more new freeways

Will Obama get credit for low gasoline prices
... or blamed the demise of "Drill Baby, Drill"
... or any problem associated with fracking

[tw]

Originally Posted by Lamplighter

We are moving into another era of "cheap gas".

Gasoline has never been expensive. If it was, then when gas was approaching $4 per gallon, then SUV sales would drop. Instead SUV sales continued to increase.

If gas was expensive, then efforts would have been implemented to increase gasoline mileage. It did not happen because gasoline even at $7 a gallon has been cheap. Not to one who is emotional. But true when that conclusion is based in numbers.