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EIA: Gulf Of Mexico Oil And Gas Production Remains Strong

EIA: Gulf Of Mexico Oil And Gas Production Remains Strong

Though the EIA predictions continuous…

US Company Uses Fracking Technique to Extract Uranium

The US is obsessed with achieving energy independence and reducing its reliance on foreign oil, yet Amir Adnani, the CEO of Uranium Energy Corp. (UEC) in Texas, has stated that “the U.S. is more reliant upon foreign sources of uranium than on foreign sources of oil.”

In the 1980s the US was the largest producer of uranium in the world, with a total output of 43 million pounds a year, easily enough to meet the demands of their nuclear reactors, however now the US only produces 4 million pounds a year.

Russia has been its biggest supplier for the past 20 years, but this year the $8 billion Megatons to Megawatts Program, which extracted uranium from old nuclear weapons, comes to an end. Other countries such as Kazakhstan, Canada, and Australia can supply the US with its needs, but China’s huge expansion plans in the nuclear sector mean that it will soon compete with the US for the limited uranium supplies.

Related Article: Massive Growth in Wastewater from Fracking Industry

UEC has announced that they can produce uranium in the US via a technique that is almost identical to fracking.

Wells are drilled into layers of highly porous rock that contain uranium and ground water. Oxygenated water is then injected into the well which dissolves the uranium. The end mixture is then pumped out of the ground, where it is sent to the Hobson plant in Texas to be processed and dried.

Despite the support that shale gas activities receive in Texas, the residents are against this form of fracking. Whereas shale gas fracking takes place around 2 miles below the ground and well away from drinking water aquifers, fracking for uranium takes place between 400 and 800 feet below the ground, precisely where those aquifers exist.

Health worries exist due to the radioactive nature of uranium. Uranium emits alpha radiation, which whilst it has very low penetration, meaning that it cannot pass through the human skin to cause us external damage, it is also highly ionising, so drinking water that is contaminated with uranium can lead to kidney and liver failure, and cancer.

By. James Burgess of Oilprice.com



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  • Doug W on January 29 2013 said:
    Ahh... there is almost no connection at all between the way in situ uranium mining works and "fracking." They are TOTALLY different.
  • Observer on January 25 2013 said:
    I am sure these health concerns will not matter because after all, they are only unpriced externalities and don't enter the bottom line of the profit and loss statements of the corporations involved.
  • John D on January 25 2013 said:
    Wonderful! Another creative way to lay waste to our natural environment.

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