9 responses to Fracking fades in Amish Ohio?
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    OldKat
    Comment on It's a pendulum (April 17th, 2013 at 07:12)

    It's a pendulum

    … it swings back and forth; always has and probably always will. Things that “aren’t economical” today will be more so later. Things that are “sure fired” today fade away when they don’t work out as well as thought.

    I have just less than 32 years experience in the natural gas industry; with two years TO THE DAY left to go. Just during the time that I have been involved in it I have seen numerous projects come on line as “the” new rage, only to disappear just about as quickly. I have seen our “proved reserves” levels so low that it was projected that we literally had months of natural gas left only to see legislation changes and regulation that discourages development be lifted and suddenly there was a glut of natural gas on the market.

    We currently have “proved reserves” enough to last us well over a century. I take all of this with a grain of salt, because there are just too many moving pieces to know where we really, really stand. I suspect things are not much different on the oil side of the equation as well. Bottom line; if ALL THINGS FACTORED IN showed exploring and producing those areas to be profitable … they wouldn’t be letting the leases go. It apparently isn’t the case, so they are pulling out. This has happened hundreds of times all over the world; it is nothing new. Then again things may look completely different in 3,5,10 or even 20 years from now. Who knows?

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      Comment on Fracking fades in Amish Ohio? (April 17th, 2013 at 08:02)

      Oldkat, first, a big CONGRATS on closing out work. I remember you mentioned things were winding down. I guess this is good timing to get commentary from you while you are still an industry insider ;).

      You describe what was in the back of my mind while reading the Bloomberg article. I remember reading about how the tar sands in Canada were not profitable enough to really pursue, this was probably back in the early 2000s. Then I suppose either the technology improved, or the price, or both, and looks like it has boomed since. If/when the technology or market or regulation situation makes it viable we’ll probably be hearing more on this.

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        OldKat
        Comment on Thanks (April 17th, 2013 at 14:32)

        Thanks

        Thanks for the kind words Erik. We are looking forward to traveling, hopefully doing some consultant work & just enjoying life.

        Hope to get some jobs lined up in Amish areas to kill two birds with one stone; pick up a few extra bucks & visit some Amish, too.

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    Debbie
    Comment on Fracking fades in Amish Ohio? (April 17th, 2013 at 09:58)

    Happy to hear the interest has faded, if only for a SHORT TIME. Is this good farm land? or is it perhaps only good for the developers? If it is the latter then there is really nothing to celebrate.

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      Comment on Fracking fades in Amish Ohio? (April 17th, 2013 at 14:59)

      Debbie if you mean the entire area, yes there is quite a bit of good farmland but also some less farmable areas as well. But the community covers a very large area taking in parts of 5 or 6 counties with some varying topographical features including some very hilly and wooded areas and some previously strip-mined areas.

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    Carolyn
    Comment on Fracking fades in Amish Ohio? (April 17th, 2013 at 15:07)

    This is off-topic, but do you plan on updating the information in “The Ten Largest Amish Communities in North America”? I noticed the article is from 2009. I would be interested to see if they are still the same or have changed. Thanks.

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    Alice Mary
    Comment on Fracking fades in Amish Ohio? (April 17th, 2013 at 15:26)

    I’m glad the fracking flurry is dying down.

    Does anyone think there’s a chance of the Amish (or anyone) buying up some of that land for farming purposes? Just wondering…

    Alice Mary

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    Margaret
    Comment on I sure hope so (April 17th, 2013 at 15:53)

    I sure hope so

    Lord if only. I am SSSOOOOOO against fracking. We wonder why their are such destructive earthquakes etc. it’s Mother Earth telling us to knock it off.

    I just believe there are other more ethical ways to make a living. Our here in the west the Dept of the Interior is wiping out all the wild horse herds to make room for big oil. Those wild and burros belong to ALL Americans by virtue of our taxes. It isn’t just the horses that leave. It’s everyone and everything. DOI selling out public lands and destroying public lands.

    It doesn’t stop there. Check those land deeds that the oil co’s. carry. If someone comes along and is able to develop the property–check those deeds for resources. Because out here in the west the resources FOREVER belong to oil co.’s.

    I hope as those oil co.’s leave the land is able to be restored. And people’s lives and health is restored. Glad for Ohio that this flattened out!

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