Sharon Kelly's blog

Worries Build Among Investors Over Oil and Gas Industry’s Exposure to Water and Climate Risks

When it comes to financial risks surrounding water, there is one industry that, according to a new report, is both among the most exposed to these risks and the least transparent to investors about them: the oil and gas industry.

This year, 1,073 of the world’s largest publicly listed companies faced requests from institutional investors concerned about the companies’ vulnerability to water-related risks that they disclose their plans for adapting and responding to issues like drought or water shortages.

A New Kind of Frackademia? New Environmental Inspectors Offered Free Industry-Funded Classes on Fracking

At an industry conference in Philadelphia last month, oil and gas executives gathered to hear about a little-known public relations effort with a very precise target: newly hired state and federal environmental inspectors.

At a seminar titled “Staying Ahead of Federal and State Regulations: A Partnership with Academia and Government,” officials from Pennsylvania State University and the University of Texas described how gifts from companies like ExxonMobil allowed their universities, along with the Colorado School of Mines, to offer state regulators free classes on oil industry best practices, travel and accommodations included.

Former New York Mayor Rudy Giuliani Offers Fracking Industry PR Strategy, Draws Three Mile Island Parallels

At a shale industry conference in Philadelphia, former New York City mayor and presidential candidate Rudy Giuliani offered up advice to drilling companies struggling with an oil price collapse and increasing public awareness of the damage that fracking can do to air, water, the climate and the economy.

And you do face a public relations problem,” Giuiliani told the gathered shale executives. “And the public relations problem that you face is that a lot of people dismiss the whole shale revolution from a standpoint of being afraid of it.”

They're irrationally afraid of it,” he said. “But they're afraid.”

Extremist Heartland Institute Attacks Pope Francis On Climate, Claims Paganism Has Entered Catholic Church

A string of mystical and dire warnings about the Catholic Church were issued by Heartland Institute officials and supporters at a press conference last week in Philadelphia, where Pope Francis is scheduled to arrive this weekend.

Claims of pagan influence over the Pope and conspiracies by NASA and the National Oceanic and Atmospheric Administration to suppress climate data were aired by a panel of Heartland Institute speakers.

There are elements of nature worship, and I would say that contrary to some of the criticism, that this is not communism that has entered the church, it is rather paganism,” Gene Koprowski, marketing director for the Heartland Institute warned a collection of reporters.

Exclusive: Battle Over Flaming Water and Fracking Reignites As Analysis Prompts Call for Renewed EPA Investigation

At the heart of the international controversy over fracking has been the contention that the oil and gas drilling technique can contaminate people's drinking water, sometimes even causing it to light on fire. One poster child for this claim has been Steven Lipsky, a Texas homeowner who has appeared in a viral video with a garden hose spewing flames and says his water was fouled by fracking.

For years, Mr. Lipsky has fought legal battles — most often with federal EPA investigators finding his claims of contamination credible, while Texas regulators and the drilling company, Range Resources, taking the opposite view.

An analysis released this week, describing research by scientists at the University of Texas at Arlington, may open this case once again. It offers new evidence that the tests taken at Mr. Lipsky's well water by Range Resources and Texas regulators, who reported little or no contamination, were flawed and potentially inaccurate.

Radioactivity Found in Pennsylvania Creek, Illegal Fracking Waste Dumping Suspected

Recently released testing results in western Pennsylvania, upstream from Pittsburgh, reveal evidence of radioactive contamination in water flowing from an abandoned mine. Experts say that the radioactive materials may have come from illegal dumping of shale fracking wastewater.

Regulators had previously found radioactivity levels that exceeded EPA's drinking water standards over 60-fold in waters in the same area, which is roughly 3 miles upstream from a drinking water intake, but those test results were only made public after a local environmental group obtained them through open records requests.


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