Business investment group CERES sounded the alarm Wednesday, issuing a major report about the billions of gallons of fresh water being lost to natural gas fracking operations across the United States and in Canada. CERES researchers evaluated oil and gas water use in eight regions, concluding that gas companies need to improve their water conservation and investors should take heed of the risks involved with fracking in arid and water-stressed regions.
This past week, about 300,000 people in West Virginia got to sample what life is like when you can’t just turn on a tap and draw out a stream of clean water for drinking, cooking or bathing.
Two of the industries that built Texas, ranching and oil/gas drilling, are now competing for dwindling water. The problem is especially pronounced in drought-stricken West Texas.