Wednesday, June 25, 2014

Cronyism that boosts the demand for fracking.

Condensate is a distillate from natural gas. When natural gas is extracted from the fracking wells it brings a lot of 'other stuff' with it. A gas condensate is one of them.

June 25, 2014
By Steve LeVine
...The US decision (click here) allows two Texas companies—Pioneer Natural Resources and Enterprise Products Partners—to export a form of extremely light oil called condensate. The Journal’s report does not provide the volumeUS condensate production in 2012, the last year provided by the US Energy Information Administration (EIA), was about 250,000 barrels a dayThat is not much, relatively speaking, but the exports could have a dramatic impact if the Commerce Department provides a broader definition of what counts as condensate for export purposes....

So, let me get this right. We regulate CO2 in the USA only to ship CO2 out of the USA. Tell me that makes sense?

It is GLOBAL warming, not  USA Warming.