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Message: [QUOTE="cuseinchina, post: 709244, member: 3079"] - managements are certainly incentivized to deliver profits to shareholders and that is why they went to cheaper locales outside of the US, that was hurried along by many unions who couldn't see the writing on the wall and the losers were their members. Now they are incentivized to bring production home because it is cheaper and safer to build here if you are in an energy intensive industry. - there is now a fracking fluid made with common food ingredients. again the odds of contamination given that the fluid is a mile below the aquifer is incredibly low...but in the .01% outlier occurrence where something goes wrong, worst case is you have some food additives in the drinking water and the company pays a settlement. now not saying that the food industry should be emulated, but surely fda approved food ingredients are not anyting to get worked up about. prior fracking fluids did have some ingredients that were not too nice, although in low concentrations. regulation requiring the new fluid be used solves your problem. - they have one export plant approved that will be operational by 2015, there will likely be a few more approved and will be able to export roughly 20% of our overall output per year. Given that excess supply pushed natural gas prices to a level where drilling literally stopped, you need some outlet for that supply. If demand exceeded supply in the US they wouldn't export. Prices are a fraction of what they are in europe or in asia - that won't change if we export a little. Also are you against the saudi's exporting their oil or do you think they should keep it all for themselves and let the world suffer? do you know what saudi citizens pay for gasoline?? look it up and that is all the information you need to know about exporting of fracked gas. there are 200 years worth of energy independence underneath your feet. ignoring that is like shooting yourself in the foot instead. the other states are going to benefit and in fact already are - the factories will locate where there is existing industrial infrastrucutre (rust belt) and where there is gas (ohio and PA)...NY is being shortsighted here. again said as a democrat and environmentalist. [/QUOTE]

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