Who Loses if Fracking Waste Water Goes Down Our Rivers?
Nov 8th 2013 10:29AM
Updated Nov 8th 2013 10:30AM
This segment is from Thursday's edition of 'Digging for Value', in which sector analysts Joel South and Taylor Muckerman discuss energy & materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays & Thursdays. It can also be found on Twitter, along with our extended coverage of the energy & materials sectors @TMFEnergy.
Rather than transport millions of gallons of fracking waste water using trains and trucks, the idea of utilizing river barges is now up for a vote. The United States Coast Guard believes it can be done in an environmentally safe way and would take 70 tractor trailers out of service per per barge. This could be disasterous to the oil and gas operations of companies such as Clean Harbors , Nuverra Environmental Solutions and Waste Connections .
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The article Who Loses if Fracking Waste Water Goes Down Our Rivers? originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool owns shares of Clean Harbors and Nuverra Environmental Solutions and has the following options: long December 2013 $2 puts on Nuverra Environmental Solutions, long January 2014 $4 calls on Nuverra Environmental Solutions, and short January 2014 $3 puts on Nuverra Environmental Solutions. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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