No hydrofracking for now

erhaps we will genuinely need Marcellus gas some day, and the only way to get it is hyrofracking. Peak gas arrives earlier than predicted, and the price skyrockets. The green transition not yet complete. That day may come, but it's not on the horizon.

The longer we wait, the more likely new, safer technologies for hard to recover gas will permit us to bypass it. Compressed air or some other benign alternative may one day replace the huge water consumption and toxic chemical use currently essential to fracking.

Waiting to develop the Marcellus shale with safer technology will also virtually guarantee increased royalties for landowners with leases, profits for gas companies, and tax revenues for governments. That's because it's a sure bet prices will rise sharply sooner than we're ready for. Avoiding fracking also saves water supplies, protects water quality, and hedges against the certainties of an uncertain future.

If hydrofracking is the only option for Marcellus gas, the wisest course is to wait, baby, wait.

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