OIL AND GAS INDUSTRIALIZATION OF IDAHO
Risks vs. Rewards
C.A.I.A. IS A NON-PARTISAN IDAHO NON-PROFIT DEDICATED TO REPRESENTING AND EDUCATING THE PUBLIC AND PARTICIPATING IN PUBLIC PROCESSES TO PROMOTE THE PRESERVATION OF PRIVATE PROPERTY RIGHTS, PUBLIC HEALTH, SAFETY AND CRITICAL RESOURCES
HEALTH IMPACTS
Harms to pets/stock/wildlife
Dangerous industry-related jobs
Public health/safety costs
Quality of life READ MORE
ENVIRONMENTAL IMPACTS
Air and soil pollution
Earthquakes
Fire/explosions
Fracking/no fracking is moot READ MORE
PROPERTY IMPACTS
Do you have property rights??
Lease snags and negotiation
On public lands as well
What about alternatives? READ MORE
FINANCIAL IMPACTS
Hidden costs/liabilities to cover
‘Forced pooling’ and you
What are ‘split estates’?
Loss of homes/values READ MORE
If you believe in our mission, please donate now
A beautiful refuge on the Boise River in Ada County, already leased for future drilling and potential hydraulic fracturing, along with the next 38 river-miles all the way to the Oregon border, plus another 92 river-miles of the Payette and Snake Rivers in Idaho
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THE LATEST POSTS ON OUR FACEBOOK PAGE…
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"The Forest Service plans to submit a rule that would make it easier to explore oil & gas drilling, as well as mineral mining, in Natl. Forests. 'The intent of these potential changes would be to decrease permitting times by removing regulatory burdens that unnecessarily encumber energy production. These potential changes would promote domestic oil & gas production by allowing industry to begin production more quickly,' the notice reads.'" http://thehill.com/policy/energy-environment/406349-administration-announces-plan-to-streamline-oil-and-gas-extraction?utm_source=&utm_medium=email&utm_campaign=17795
Administration announces plan to streamline oil and gas extraction in national forests
thehill.com
The Forest Service plans to submit a rule that would make it easier to explore oil and gas drilling, as well as mineral mining, in National Forests.
"Internal polls suggest a Colorado ballot initiative effectively banning fracking in the state is likely to pass with more than 60 percent support... Coloradans are preparing to vote in November on an initiative prohibiting oil and gas drilling within 2,500ft - nearly a half-mile - from buildings, which is up from a current limit of 500ft. Experts worry a yes vote could result in the destruction of the state’s fracking industry. Initiative 97 has drawn bipartisan opposition among the state’s lawmakers..." https://dailycaller.com/2018/09/10/colorado-fracking-election/
Colorado’s Fracking War Heats Up As Polls Show Citizens Leaning Toward A Gas Ban
dailycaller.com
'You are at war. We have to crush this thing'
All that glitters is not gold -- Despite "widespread concern about the impact of fracking on the environment, about earthquakes and water contamination, ...another, less well-known controversy may prove to be more important. Some of fracking’s biggest skeptics are on Wall Street. They argue that the industry’s financial foundation is unstable: Frackers haven’t proven that they can make money. 'The industry has a very bad history of money going into it and never coming out'..." And "fracked oil wells show a steep decline rate" - not good for the bottom line. https://www.nytimes.com/2018/09/01/opinion/the-next-financial-crisis-lurks-underground.html
Opinion | The Next Financial Crisis Lurks Underground
nytimes.com
Fueled by debt and years of easy credit, America’s energy boom is on shaky footing.
"Because the industry has such a voracious need for capital, and capital costs money, fracking could not have taken off so dramatically were it not for record low interest rates after the 2008 financial crisis. In other words, the Federal Reserve is responsible for the fracking boom. -- Fracking is such a fragile industry that it is not hard to make it go bust. -- ...Only 5 of the top 20 fracking companies managed to generate more cash than they spent in the first quarter of 2018. If companies were forced to live within the cash flow they produce, American oil would not be a factor in the rest of the world, an investor told me."
1 week 6 days ago
Citizens Allied for Integrity and Accountability shared Living with Oil and Gas's post.
"There have been more than 800 saltwater spills that weren't contained on well pads in North Dakota in the last decade. Don Morrison — executive director of the Dakota Resource Council, an organization that advocates for protecting the state's agricultural economy — said these spills represent "an aggregate of all the heartache and problems" [agriculture] producers in the state face."
https://www.nbcnews.com/news/us-news/salting-earth-north-dakota-farmers-struggle-toxic-byproduct-oil-boom-n895771
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