The High Cost of Fracking
Yesterday, Environment Texas released a new compilation report in Dallas, titled, "The Costs of Fracking." There's not a lot of new information, but it does serve as a convenient catalog of the disadvantages of inviting the gas industry to town, as the Dallas City Council is considering via a new gas drilling ordinance. Every city council member should take a look, although we doubt they will.
The report covers the impact of fracking on public health, water, air, as well as the infrastructure demands of the gas industry. Among the tidbits:
"The truck traffic needed to deliver water to a single fracking well causes as much damage to local roads as nearly 3.5 million car trips. The state of Texas has approved $40 million in funding for road repairs in the Barnett Shale region, while Pennsylvania estimated in 2010 that $265 million would be needed to repair damaged roads in the Marcellus Shale region."
Fracking can affect the value of nearby homes. A 2010 study in Texas concluded that houses valued at more than $250,000 and within 1,000 feet of a well site saw their values decrease by 3 to 14 percent.
The average public health costs of air pollution from fracking operations in Texas’ Barnett Shale region reach $270,000 per day during the summer smog season.
Here's the press release. Here's the report.