Real-Time Quote
Quote | News | Chart | Details
HEK News & Analysis
Heckmann CEO Downplays Fracking Concerns
14 Dec 2011 EST - CNBC.com
Page 1 of 3 | Next Page
Show Entire Article

Days after the U.S. Environmental Protection Agency said fluids used to drill for natural gas likely polluted an aquifer in Wyoming, an industry leader on Wednesday suggested it maybe an isolated incident.

“It was just bad handling of the water at the surface. It has nothing to do with fracking,” said Heckmann Corp. CEO Dick Heckmann, who promoted hydraulic fracturing, or fracking, as way to boost U.S. gas and oil production and slash imports.

In fracking, drillers blast large amounts of water, chemicals and sand deep underground to crack rocks that hold the fuel. Industry groups have said that fracking has been used for decades without ever polluting water supplies, because the drilling occurs far below the water sources such as aquifers.

“You frack at 10,000 feet [underground and] water seeps down,” Heckmann explained. “It doesn’t seep up.”

Page 1 of 3 | Next Page
Show Entire Article
HEK News & Analysis
No recent news available
Real-Time Quote
omniture pixel