Monday, July 9, 2012

Companies Interested in Fracking in NC



Nine companies have an interest in fracking in North Carolina. They are:

Natural gas companies 1) PSNC Energy and 2) Piedmont Natural Gas;

Electric utilities Progress Energy, 3) Duke Energy (Duke & Progress Energy merged) and 4)  Dominion Resources, which are expanding their use of natural gas to produce power;

5) General Electric, which has invested in natural gas reserves in other states and introduced a mobile evaporator to help gas drillers recycle water;

6) Weyerhaeuser, a major landowner that has invested in shale deposits;

Natural gas producer 7) Koch Industries; and

Railroad companies 8) Norfolk Southern and 9) CSX, which are seeing an increase in fracking-related shipping.

(Indy Week, 5/30/2012)

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