BHP: Going Against the Grain
BHP Billiton had been hard a work in Arkansas trying to get in on the Fayetteville Shale play. There has been much discussion about the methods that are used to reach these oil reserves, fracking. Recently, there has been talk of releasing to the public the contents of the chemicals used in this process. Either way, BHP is feeling a backlash from Arkansas farmers. Leonie Wood gives us the whole story.
"…Three sets of Arkansas landowners have launched class actions against BHP and other shale gas producers, alleging water sources, soil and air in their immediate living area have been contaminated by toxic chemicals and gaseous emissions. The landowners claim the poisons are a direct result of oil companies fracturing underground shale formations to extract gas.
The Arkansas class actions, while filed, are still a long way from certification and, ultimately, trial. But they are symptomatic of an increasingly more vocal group of litigants, namely landowners and farmers, whose livelihoods depend on clean environments…"
Read the entire article here: http://www.smh.com.au/business/bhp-must-be-wary-of-how-it-handles-arkansas-farmers-in-shale-oil-quest-20110606-1fp8c.html