Louis W. Allstadt, former Executive VP of Mobil Oil, has a few things to say about fracking.
“There is at least one study showing that 100 percent of plugs installed in abandoned wells fail within 100 years and many of them much sooner.”
“Industry talks about, well, this is a bridge fuel [that] will carry us until alternatives [are developed] but nobody is building them. It’s not a bridge unless you build the foundations for a bridge on the other side, and nobody’s building it.”
“Something has to wake up the general public. It will either be education from the environmental movements or some kind of climate disaster that no one can ignore.”