How anti-frackers play the game: Attached is an FB page that has been going around the anti-fracker community for quite a while. It's about me. Not one word of this page is true. I have provided documentation from trusted third-party sources like Dun & Bradstreet, state regulators, professional organizations, Wall Street journal, etc. showing that what this page says is false. These people never called me to ask for documentation to begin with - they never ever talked to me. I saw it months later.
Interestingly, the page is still up, although I have proven it false to the author in personal conversation with her. After I presented documentation for my life and who the record says I am - which conforms exactly to what I've said about it - she bailed out of the conversation and blocked me. Then said nothing about it to the anti-fracker lists she is in contact with.
This is how far down these anti-frackers will go. All you have to do is disagree with them, and it's open, no-holds-barred warfare. Lying, cheating, making up things, libel, personal attacks on character .. it's all here. They will literally do ANYTHING ... because their goals are so big and great, such gateways to utopia - if only, etc.
The thing is, I have nothing to do with the kind of horizontal hydraulic fracturing that is the center of controversy. We don't do that, we aren't into shale gas and shale oil, at all. That's too big a game to play for our bankroll. Knowing that is the root of gambling wisdom. Also I'm highly suspicious as to whether it's going to profitable, long-term. It takes a lot of production to double or triple your money on a million-dollar frac job. To get geeky, I'm not sure their decline curve ends up doing that for them. And I'm talking about re-fracs .. where they go in and do a different set of fracs. You have to at least double up on that, really more, or you basically don't have anything left after bills and taxes are paid. These wells are costing in the multi-millions each, 6 million, 10 million, 17 million - these aren't unusual costs. Historical data show they come in good, looking like big numbers, but then they have a steep decline in production. Then they have to be re-frac'd, and again they go through the same production curve. It's very blackjack in terms of the up-and-down swings you're going to get.
Well now, if you knew us you'd know ... that is not at all the game we are playing. We want nothing to do with that. We are like hoteliers that come in behind big chains, buy their past-its-prime hotels for relatively cheap, and refurbush and re-do and re-think the property, and bring it back on the market, selling rooms at a good margin for us. That's what we do with oil leases and abandoned leases where we can refurbish, rebuild, and tweak; do re-entry projects, or step out to nearby new drilling prospects. One of the things I like about this work is that the environmental damage was often done long ago, so by cleaning these leases up and bringing more energy out of them without additional damage, we help recover more energy from the same amount of old damage. Adding to the benefit for society, but not adding to the cost, as it were.
Another fact about us is that we are all oil. We have no natural gas production. The truth is, modern horizontal hydraulic fracturing is going to end up hurting us, because it will cause the price of oil to drop. I don't think there is any question about that. It' just hasn't quite reached that point yet.
So when I am accused of promoting "fracking" because I'm paid to do so .. well, this is not just a lie, but in fact the opposite of the truth. In fact it's to my economic benefit that "fracking" be banned.
But do anti-frackers care about that? Nope. They have difficulty arguing with me due to my background and rhetorical skills, and so they just choose to smear me and publish lies that I'm a fake who is really a paid poster for the Koch brothers.