Thom A man whom I was trying to convince to start watching your show told me that the reason that I like you is that you say all things that I agree with. Actually, he was only partially correct; I don't agree with everything that you say, especially regarding Fracking. The opposition to fracking is based upon a lot overly hyped and frequently misrepresented aspects of the process. For example, "Gas Land 1" was funded by the coal companys and their associates. Gas Land 2 had the sense to hide the sources of their funding. 1. Fracking has been taking place all over our nation for the past 50 years, using various methods. For a 20 acre well, 80,000 gallons of water treated with an anti-fungal and HCl (stomach acid) is pushed into the ground at 5000 pounds of pressure it is then back-flowed and reused several more times. Only about 1/2 of the water returns to the surface; sometimes it disappears down the hole and never returns or will come up with the oil and gas for the next 5 or 10 years. This brined is then disposed of in injection wells. I have been present at 10 frack jobs and the most dangerous part of the operation is the lowering of perforating explosives down the hole to blow holes in the casing and cement at the appropriate formations. That is a 20 acre well at about 3 or 4 thousand feet. The Utica wells are 7 to 9 thousand feet down and require 640 acres (one square mile) per well; so 32 x 80,000 gallons equals 2 or 3 million gallons. POINT: America needs the oil/gas and natural gas liquids from these recent discoveries. The Coal Company doesn't like it because abundant natural gas is as cheap as coal and burning it produces only 1/2 the CO2 than coal without all of those other nasty products like mercury. If it would make you feel better, perhaps we could have a 10% tax on these recent discoveries and absolutely apply it to development and funding of alternatives. This could be accomplishes through the elimination of the 15% depletion allowance. This is an extra dividend to the Oil Companies that has actually cost them nothing. All their other costs are deductible. As a land owner, I am also allowed this depletion allowance and in fact, as oil is extracted from my property, it's value decreases. Under Eastern Ohio there exists about 1 or 2 million barrels equivalent per square mile. As they say, we are the new Saudi Arabia.

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Come Cruise with Thom Hartmann in July 2020

Join me for an exciting Bermuda getaway aboard Oceania Cruises, the world’s leading culinary and destination-focused cruise line. Set sail on the reimagined Insignia for 7 nights beginning July 25th 2020. Take advantage of Oceania Cruises’ OLife Choice promotion, where you can choose shore excursions, a beverage package, or onboard credit – Oceania Cruises also includes Wifi! You'll also receive complimentary gratuities, a $50 onboard credit and two exclusive cocktail parties. Did I mention we are planning special onboard events with yours truly? Prices start at $1199.

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"The Saddest Thing Is This Won't Be Breaking News"

Thom plus logo As the world burns, and more and more fossil fuels are being used every day planet-wide, atmospheric carbon dioxide levels passed 416 ppm this week at the Mauna Loa Observatory in Hawaii. In the 300,000 years since the emergence of modern humans, carbon dioxide levels have never been this high.