Pacific Standard July-August 2013 Cover

Frac-o-nomics: More Gas Won’t Guarantee Lower Prices

Stack of chemical barrels

A rush in fracking natural gas in the American West has led to Indian guar gum prices flapping upwards like those famous Beijing butterflies of chaos theory. Every American gas well that’s fracked requires about nine metric tons of guar gum, a viscous gel made from the guar bean. Guar gum—also used in ice cream and other foods—makes the “proppants” that are jammed into fractures in shale rocks more viscous and more slippery, which helps free more of the natural gas trapped in the rocks. As an excellent Reuters article explains, runaway demand for guar beans has ... Read More

Reducing the ‘Car’ Part of Carbon

California is not fueling around. Its California Air Resources Board set the world's first carbon-fuel emission standards on April 23 — a week after the U.S. Environmental Protection Agency, for the first time, proposed declaring greenhouse gasses a threat to public health. That's almost three years after California started acting on the issue, at times in the teeth of opposition from the White House. The Golden State's new standards require fuel providers, refiners, importers and blenders to make sure their products for the state's market — the largest single-state market in the ... Read More