antero resources

Wed, 2013-09-25 11:00Guest
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Antero Resources's Proposed $500M Fracking Water Pipeline a Costly Wager for Drinking Water Supply

This is a guest post by Clint Robertson.

There's been a lot of hype about Keystone XL over the past few months. The proposed pipeline extension, which would carry tar sands crude from Canada to the Gulf of Mexico for refinement, has caused an uprising among environmentalists. There have been protests in front of the White House and U.S. State Department, countless news articles and even President Obama has made public statements about the project.

But in the midst of such a controversial matter, many may have overlooked another pipeline proposal — one that carries not oil, but water to fracking sites.

The pipeline project was proposed by Antero Resources Inc., an energy company with fracking investments.  Antero plans to build a $500 million pipeline to carry water from the Ohio River to its fracking sites in the deregulated energy state of Ohio and the regulated state of West Virginia. 

The Wall Street Journal recently called Antero's plan “a costly wager” and noted market analysts' concerns that “the investment's long-term success could hinge on the region's rainfall.”

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