Cosette Serabjit-Singh: Cash and grab

June 23, 2014 

It is a mystery. Fracking in N.C. is not an issue based on the June 10 Point of View “ Fracking in N.C.? Forget about it” by UNC geology professor emeritus John J.W. Rogers, who refutes it entirely, both pro and con. So I am confounded that the June 15 N&O Sunday Forum gave significant print space to letters on N.C. fracking legislation.

Further, I was alarmed by the letter “ Don’t knock it” from the state chairman of the N.C. Energy Forum, Algernon Cash. He asserts that N.C. jobs and revenue will flow from fracking despite the fact that N.C. shale is insufficient to interest the major gas exploration investors.

It is fair to assume that energy industry professionals need no schooling in shale geology as their investment priorities do align with Rogers’ analysis that the economic benefit in N.C. is illusionary if not outright fabrication.

It leaves me to suspect that such boosterism by a handful of local proponents may be a self-interested smash and grab with no long-term value to N.C.

Cosette Serabjit-Singh


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