TV News LIES

Tuesday, Sep 02nd

Last update03:26:27 AM GMT

You are here News Environment Former Mobil VP Warns of Fracking and Climate Change

Former Mobil VP Warns of Fracking and Climate Change

E-mail Print PDF

FrackingFew people can explain gas and oil drilling with as much authority as Louis W. Allstadt. As an executive vice president of Mobil oil, he ran the company's exploration and production operations in the western hemisphere before he retired in 2000.

In 31 years with the company he also was in charge of its marketing and refining in Japan, and managed its worldwide supply, trading and transportation operations. Just before retiring, he oversaw Mobil's side of its merger with Exxon, creating the world's largest corporation.

The first in a modest Long Island German-American family to graduate from college (the US Merchant Marine Academy), Allstadt got a master’s degree in business administration from Columbia University then was hired by Mobil. Before his retirement he wasn't aware of a new, sophisticated form of rock fracture, high-volume hydraulic fracturing, developed only in the late 1990s. "It just wasn't on our radar at that time," he said. "We were heavily focused on developing conventional oil and gas offshore in deep water."

Quaint, arty Cooperstown, home of the Baseball Hall of Fame, is perched on the shores of Lake Otsego, which supplies drinking water to the village and glimmering, placid expanses for kayakers and boaters. Allstadt launched his leisure years in this idyllic spot, intending to leave the industry behind. He founded an art gallery with his wife, Melinda Hardin, made pottery, kayaked, taught other people to kayak, and played tennis. But then friends started asking him questions about fracking - it had been proposed near the lake.

More...


Most Recent Related Stories...


Pa. releases list of wells impacted by drilling

gas drillingAfter years of delays and confusion Pennsylvania has released details of 243 cases where regulators determined...

California lawmakers pass first U.S. plastic bag ban

plastic bag ban in CALawmakers are sending Gov. Jerry Brown a bill that would make California the first to impose...

Japan mercury poisoning survivors boost Canadian First Nation's compensation push

First Natio mercury caseMercury poisoning survivors and experts from Minamata, Japan — the site of one of the world’s...

Southwest U.S. could face 35-year 'megadrought'

southwest megadroughtMuch of the Southwest United States, the next century could feature a drought that lasts several...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!