Fracking Your Future: Campus Drilling Extends Far Beyond Pennsylvania

Fri, 2012-11-23 13:58Steve Horn
Steve Horn's picture

Fracking Your Future: Campus Drilling Extends Far Beyond Pennsylvania

The oil and gas industry plans to perform hydraulic fracturing (“fracking”) on college campuses in Pennsylvania, just as it currently does in close proximity to K-12 schools nationwide

But as NPR demonstrated in a recent report, that's just the tip of the iceberg.

“More than a dozen schools in states as varied as Texas, Montana, Ohio and West Virginia are already tapping natural resources on college campuses,” the report explains. “The University of Southern Indiana recently started pumping oil.”

Like Pennsylvania - which has seen higher education budget cuts totaling over $460 million since Republican Gov. Tom Corbett took office in 2010 - nearly all of these states have faced massive cuts in their most recent budgets. 

Texas, led by Republican Gov. Rick Perry, saw a $1.7 billion funding cut in its most recent budget cycle. Indiana, led by Republican Gov. Mitch Daniels, was hit with $150 million in higher education cuts in its most recent budget.

Montana, led by Democratic Governor Brian Schweitzer, was handed $14.6 million in higher education cuts in the most recent budget. And West Virginia, led by Democratic Governor Earl Ray Tomblin, saw $34 million evaporate from its higher education war chest in its most recent budget cycle.

Fracking on Campus a New Fundraising Mechanism, But “You Can't Drink Money”

Fracking on cash-strapped college campuses in these states has become a new fundraising mechanism and a way to pad endowments.

“…[W]e can put the revenue toward encouraging gifts to the endowment,” Kristin Sullivan, a spokeswoman at University of Texas-Arlington told NPR. “This is a finite resource. You have to be very wise about how you allocate that revenue.” 

The costs associated with fracking on university grounds, though, go far above and beyond revenue it brings into vastly under-funded schools. The climate and ecological costs are also a huge part of any honest equation. 

Or put much more simply, “you can't drink money.”

Photo CreditWikimedia CommonsEMBaero

[x]

When most environmentalists and folks who follow pipeline markets think of TransCanada, they think of the proposed northern half of its Keystone XL tar sands pipeline. 

Flying beneath the public radar, though, is another TransCanada-proposed pipeline with a similar function as Keystone XL. But rather than for carrying tar sands bitumen to the Gulf Coast, this pipeline would bring to market shale gas...

read more