Gas prices under $1 in Michigan over the weekend
Monday, January 18, 2016
In Houghton Lake, Michigan, gas prices fell below the $1 mark at several stations over the weekend. Prices as low as 78 cents a gallon were seen.
Prices for Houghton Lake on GasBuddy.com were back above $1 as of the morning of Jan 18, 2016.
WXYZ reports that the average self-serve unleaded gas price in Michigan was $1.74 per gallon on Jan. 17.
Via: WXYZ > Michigan becomes first state to welcome back gas under $1
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Marcellus & Utica Shale Well Map
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.