Great Texas Drought of 2011 Was the Costliest Ever

It was clear when A&M’s livestock economist said the drought had an agricultural toll of $5.2 billion back in August — which didn’t even really mark the nadir of the heatwave — that we hadn’t seen the worst this drought could do. Now we know: $7.62 billion in agricultural losses…

Rolling Stone Article Launches Fracking Fight with Chesapeake

Chesapeake Energy and Rolling Stone writer Jeff Goodell are battling over his March feature. The abridged version of the lengthy piece, unpacked further by Brantley, goes like this: Drilling appears to be a Ponzi scheme with Chesapeake’s founder, Aubrey McClendon, as its leader. Neither McClendon nor Goodell are the type…

Clean Electricity Bill Could Be A Bonanza For Shale Barons

A senator from New Mexico has proposed a bill that could change the face of Texas electric generation. And it has another interesting side-effect: It could reinvigorate a shale gas play depressed by tanking prices. U.S. Senator Jeff Bingaman, chair of the Senate Energy and Natural Resources Committee, envisions a…

Calling Shotgun on Where and When to Drill

OK, let’s get this straight: If a natural gas company wants to sink a well within 1,000 feet of your Dallas home, that would be bad. Not healthy. Not safe. Stop it. But what if you don’t care whether your neighbor is a drilling rig? Or, perhaps you’re a developer…

Earthquake Hits North Dallas! Well, Sure.

A Friend of Unfair Park dispatches this report from the U.S. Geological Survey: My near-neck of Northwest Dallas had itself a teensy-tiny earthquake in the wee small hours of the morning — at 12:11:49, to be precise. As in: “Magnitude 2.0.” Or, as Matt Peterson calls it, a “microquake.” Which,…