Skip to content
Catholic Online Logo

By Catholic Online (NEWS CONSORTIUM)

3/25/2013 (1 year ago)

Catholic Online (www.catholic.org)

Farmers become millionaires overnight thanks to controversial oil producing procedure

"Fracking," a controversial procedure that produces crude oil through ecologically questionable procedures, has turned many into billionaire oil barons overnight. Tiny North Dakota, mostly rural and populated by farmers, has since turned into America's second-biggest oil producer.

Williston, North Dakota, is at the forefront of America's new oil boom, wrought by fracking.

Williston, North Dakota, is at the forefront of America's new oil boom, wrought by fracking.

Highlights

By Catholic Online (NEWS CONSORTIUM)

Catholic Online (www.catholic.org)

3/25/2013 (1 year ago)

Published in U.S.

Keywords: Fracking, North Dakota, oil boom, millionaires, farmers, small towns. Williston


LOS ANGELES, CA (Catholic online) - This new black gold rush extracts oil and natural gas from shale rock using a chemical and water mix.
 
A U.S. government report announced that geologists believe the Monterey Shale, a geological formation covering 1,750 square miles south of San Francisco, could hold more than 15 billion barrels of oil.

Fracking production in Texas, Wyoming, Montana and Ohio mean U.S. oil production exceeds seven million barrels a day for the first time in 20 years.

This is good news, as America is on track to be energy independent in five years and become "Saudi America." potentially overtaking Saudi Arabia as the world's biggest oil producer within a decade.

North Dakota, above the Bakken formation, which is 200,000 square miles containing vast oil deposits only recently accessible thanks to fracking, has since been dubbed "Kuwait on the prairie" by locals still pinching themselves at their good fortune.

As many as 12 new millionaires are being created each week thanks to companies leasing mineral rights beneath land often held by farming families for generations.

The towns of Williston, its population a mere 14,716 and Stanley, with only 4,000 people, 75 miles away, are at the epicenter of the "Bakken boom."

Plunging temperatures and heavy snow failed to dampen the sense of excitement in the air in Stanley last week. Fracking started here five years ago, but it has only been in the past 18 months that locals say it has "gone mad."

Locals are not worried about environmental concerns which have dominated the fracking debate worldwide. Oil deposits here are 20,000-30,000ft down. The water supply here is at 1,000 feet.

"We love this land more than anyone. The oil companies work with us, they clean the fracking water before they take it away and there are safety inspectors crawling all over the rigs," one local farmer beams.

"We have zero unemployment, the economy is booming and we are playing a massive part in making America energy independent. You won't hear any moaning around here - well, maybe from those folk who don't own mineral rights."

---


Pope Francis: end world hunger through 'Prayer and Action'


2014 - Distributed by THE NEWS CONSORTIUM

Pope Francis Prayer Intentions for October 2014
Peace:
That the Lord may grant peace to those parts of the world most battered by war and violence.
World Mission Day: That World Mission Day may rekindle in every believer zeal for carrying the Gospel into all the world.



Comments


More U.S.

Three men sentenced for participation in Internet child pornography ring Watch

Image of The 13 defendants, who range in age from 23 to 66, are from Indiana, New Jersey, Washington, Virginia, Maryland, Oregon, Missouri, Montana, Kentucky, Arizona and Massachusetts.

By Stella Dawson, Thomson Reuters Foundation

The United States this week sentenced to prison three men involved in an international child pornography ring that exchanged online pictures and videos of children engaged in sexual acts, the government said on Wednesday. WASHINGTON (Thomson Reuters Foundation) - ... continue reading


How could he let it happen? 92% of Afghan war Marine KIA under Obama Watch

Image of During the entire, 12 years war in Afghanistan, 92% of U.S. Marine casualties took place under the six years of President Obama's term.

By Catholic Online (NEWS CONSORTIUM)

Earlier this week the U.S. Marine Corps withdrew its forces from Camp Leatherneck in Helmand province in Afghanistan, effectively ending their 13 year involvement in the Afghan war. LOS ANGELES, CA (Catholic Online) - "U.S. Marines and service members from the ... continue reading


Why Christians Should Celebrate Halloween - and Transform the Culture Watch

Image of Noah dressed up as the Incredible Hulk

By Deacon Keith A Fournier

The International Association of Exorcists sponsored a gathering in Vatican City on the last weekend of October in 2014. The organization was formally approved by the Holy See in June. The global Press was enamored with the notion that the Church even recognizes ... continue reading


VIDEO: Antares rocket launch fails with fire and smoke Watch

Image of The Antares rocket was set to launch on October 27, but was postponed a day because a ship was in its expected trajectory.

By Catholic Online (NEWS CONSORTIUM)

A private contracted, unmanned NASA rocket exploded just after launch along coastal Virginia early on the evening of October 28 . LOS ANGELES, CA (Catholic Online) - The Antares rocket and Cygnus cargo spacecraft, products of Orbital Sciences Corp., were set to ... continue reading


Catholic, Protestant and Orthodox Christian Leaders Stand in Solidarity to Defend Marriage Watch

Image of Marriage as existing solely between one man and one woman was not an idea manufactured by the Christian Church. It precedes Christianity. Though affirmed, fulfilled, and elevated by Christian teaching, the truth that marriage can exist only between one man and one woman is not based on religion or revelation alone, but on the Natural Moral Law, written on the human heart and discernible through the exercise of reason

By Deacon Keith A Fournier

The Marriage Solidarity Statement was drafted by Deacon Keith Fournier, Founder and Chairman of Common Good Foundation and Alliance, and Mat Staver, Chairman of Liberty Counsel and Liberty Counsel Action. It was vetted among other Christian pastors and leaders ... continue reading


Bill Clinton Panders to Homosexual Activist Human Rights Campaign in Washington, D.C. We Will Resist Them Watch

Image of Pictured: Bill Clinton

This is the same President who, one year after he signed the Defense of Marriage Act, told the Homosexual and lesbian magazine The Advocate - I remain opposed to same-sex marriage. I believe marriage is an institution for the union of a man and a woman. This has been my long-standing position, and it is not being reviewed or considered. So, what has changed? Certainly not the truth about marriage. It cannot and will not change. Rather, this politician has changed. And, his wife wants to be President of the United States.

By Keith A. Fournier

All people of good will who recognize the vital role that marriage and the family play in serving the common good must get ready for what lies ahead. All people of good will who respect free speech, free association and the free exercise of religion must not be ... continue reading


A 'Living legend': Dr. Joseph Medicine Crow, last of the Crow war chiefs, turns 101 Watch

Image of Dr. Joseph Medicine Crow, a living legend at 101, and a renown historian and scholar of the Crow people.

By Catholic Online (NEWS CONSORTIUM)

Dr. Joseph Medicine Crow, the last Crow war chief, turned 101 on October 27, and spent the day at the Bighorn Battlefield, with his son. LOS ANGELES, CA (Catholic Online) - "I was fortunate when I was growing up," he said. "The Crow Indians were still retaining the ... continue reading


Former TV reporter says computer was bugged by Obama administration Watch

Image of

By Catholic Online (NEWS CONSORTIUM)

Former President Richard M. Nixon was notorious for the surveillance he used on who he perceived as being enemies - but it appears that current U.S. president, Barack Obama could have taught "Tricky Dick" a thing or two. According to former CBS reporter Sharyl ... continue reading


School shooting in Washington state leaves 2 dead, five injured Watch

Image of Kids and parents react to news of the shooting.

By Catholic Online (NEWS CONSORTIUM)

A shooting has occurred at a school in Washington, in which authorities believe a bullied student shot and killed another. The shooter is also believed to be dead. LOS ANGELES, CA (Catholic Online) - A school shooting has taken place at Marysville-Pilchuck High School ... continue reading


Guns Do Not Have Rights, People Do. Legitimate Self Defense is One of Them

Image of Guns have no rights, only people do.Yes, one of them is the Right to Self Defense - and the Right to defend your neighbor. You may ask,

By Keith A. Fournier

We live in a precarious time in the United States of America. Many of us are deeply concerned about the effort to infringe upon the fundamental rights which were delineated in the Bill of Rights to the United States Constitution. I have written extensively about ... continue reading


All U.S. News

Newsletters

Newsletter Sign Up icon

Stay up to date with the latest news, information, and special offers

Daily Readings

Reading 1, Ephesians 6:10-20
10 Finally, grow strong in the Lord, with the ... Read More

Psalm, Psalms 144:1, 2, 9-10
1 [Of David] Blessed be Yahweh, my rock, who trains ... Read More

Gospel, Luke 13:31-35
31 Just at this time some Pharisees came up. 'Go ... Read More

Saint of the Day

Saint of the Day for October 30th, 2014 Image

St. Alphonsus Rodriguez
October 30: Confessor and Jay brother, also called Alonso. He was born in ... Read More

Inform, Inspire & Ignite Logo

Find Catholic Online on Facebook and get updates right in your live feed.

Become a fan of Catholic Online on Facebook


Follow Catholic Online on Twitter and get News and Product updates.

Follow us on Twitter