Drillers Begin Reusing “Frack Water”
November 20, 2012
hat was the headline in the Wall Street Journal on Monday, November 19. The article explained how “Companies are racing to find ways to recycle the water used in hydraulic fracturing, chasing an emerging market that could be worth billions of dollars.”
And that is very true: we at OriginOil have a full plate of commercial developments in the works – so incredibly exciting.
EPA Keeps the Renewable Fuels Standard
This is huge! On Monday as well, the EPA announced that it would stand firm on biofuels standards, as laid out in the Renewable Fuels Standard. The RFS is what mandates the rapid transition from food-based biofuels to advanced, sustainable biofuels like algae.
Here’s what that means: In 2009, US ethanol production was 10 billion gallons. That was most of the biofuels being produced in this country.
By 2022, total U.S. biofuels production will be 36 billion gallons—ALL of it from cellulosic and advanced biofuels!
More than triple the biofuels production, and no more ethanol just ten years from now. That is a seismic shift from biofuels that distort the food supply to truly sustainable fuels. Needless to say, this is a huge boost to our industry.
By the way, advanced biofuels support came in 2007, during the Bush administration, with the Energy Independence and Security Act (EISA). (Nice to see something that has bipartisan support these days.)