Environmentally-Friendly Savior Of Oil Fracking Industry Could Be… Haliburton? New Fluids Made With Soy, Vegetables
In the environmentally sensitive Bay Area, “fracked” oil may be a dirty word, but new technology being pioneered by some environmentalists’ arch nemesis, Haliburton, could make fracking literally palatable by using fluids sourced from the food industry.
Opponents of fracking are seizing on a new federal report that states fracking for oil in the California may not be as productive as initially forecast and on Thursday renewed their push to declare a moratorium on the controversial process of drilling for oil.
Santa Cruz is the first county in California to pass an anti-fracking ordinance that prohibits the controversial oil-drilling method.
The Transportation Department issued an emergency order Wednesday requiring that railroads inform state emergency management officials about the movement of large shipments of crude oil through their states and urged shippers not to use older model tanks cars that are easily ruptured in accidents, even at slow speeds.
The Bureau of Land Management is auctioning off nearly 18,000 acres of oil leases on prime public lands in Central California, home to one of the largest deposits of shale oil in the country.