Search for anything

Scavenge your bliss

Wednesday, February 26, 2014

Fracking - What is it?





Fracking....a geological process to get more natural gas from the subsurface











Generally speaking fracking is the process of using a water solution under high pressure to fracture shale formation in order to extract natural gas and oil.

The Topic: Hydrofracking
The water - sand - chemical solution is injected into the shale formation and used to separate layers of shale from one another. Once these crevices have been forced open natural gas and oil can escape from the shale and be captured for fuel. 
Conservationists are concerned with the wastewater polluting the waters supply. The industry is in favor of using this technique because it opens up new sources of fuel for North America.

The Process:
Natural gas or energy companies will drill down deep into the rock formation and allow small explosions to start the initial fracking. Once the shale is broken up natural gas and brine will begin to seep out. The water - sand - chemical solution is then pumped into the newly opened fissures to keep them open and fracture the shale layers further.
Conservationists are again concerned with the potentially carcinogenic chemicals leaching into groundwater. Some scientists are also concerned with the potential for small earth tremors due to the fracturing process.

Overall - Good idea of Bad idea
 The energy industry of course believes this fracking process is necessary in order to increase production of natural gas and oil in America, creating jobs and increasing our energy independence...
Environmentalists believe that the potential for groundwater contamination is too great a risk for some extra natural gas or oil.....

So there you have it....energy independence is very important, but the potential for groundwater contamination is a major concern.
Perhaps as the process continues these industries will alter their process to capture and limit the potential for contamination.


Monday, February 24, 2014

American Power Group's Dual Fuel Natural Gas Glider Kit

American Power Group Corporation

Has Been Selected by Heavy Duty Trucking Magazine as One of Their Top 20 Products for 2014


LYNNFIELD, MA--(Marketwired - Feb 18, 2014) - American Power Group Corporation (OTCQBAPGI) announced thatHeavy Duty Trucking Magazine recognized American Power Group's Dual Fuel Natural Gas Glider as one of their Top 20 Products for 2014.
A committee of editors from Heavy Duty Trucking Magazine("HDT") selected products that appeared in HDT's editorial pages or in editorial coverage on Truckinginfo.com during their 2013 qualifying period based on: 1) its level of innovation; 2) whether it addresses significant industry issues; and 3) its potential to improve a trucking operation's bottom line. Then additional input was received from a panel of experienced fleet executives and maintenance managers, including HDT's Truck Fleet Innovators, and a panel of Technology and Maintenance Council ("TMC") members led by past TMC President Darry Stuart. The Top 20 Products are featured in HDT's February issue -- HDT Announces 2014 Top 20 Products.

Saturday, February 22, 2014

American Power Group Corporation and VFG Energy Leasing and Finance Announce a New Leasing Program for APG Dual Fuel Conversions

American Power Group Corporation

Over $18 Million of Natural Gas Related Transactions Funded by VFG in Calendar 2013


LYNNFIELD, MA--(Marketwired - Feb 10, 2014) - American Power Group Corporation (OTCQBAPGI)today announced a new leasing program for APG dual fuel conversions and related natural gas tank systems that will be offered by Vision Financial Group, Inc. through its specialty unit VFG Energy Leasing and Finance ("VFG") of Pittsburgh, PA.
Lyle Jensen, American Power Group Corporation's Chief Executive Officer, stated, "Many fleet owners interested in natural gas conversions of their existing fleets have found it challenging to obtain traditional bank financing for alternative fuel add-on systems for their diesel trucks. We are excited that VFG has seen the value of APG's dual fuel technology and are willing to provide financing terms with and without a perfected security interest on the entire vehicle chassis. This is critical for many of the fleet operators we've spoken to who are looking to convert multiple units at a time. We believe our ability to offer fleet customers with a viable financing solution will provide them with a path to convert a larger percent of their fleet sooner rather than later."
Mr. Jensen added, "APG's vehicular conversion technology is generating customer validated net monthly fuel savings of $1,000 to $1,800 per month depending on the miles driven and cost of fuel. While each customer's circumstance will differ, we believe that after lease related costs, a fleet owner can see his take-home income increase by $200 to $1,000 per month. We know of no other truck-related technology that can create that kind of incremental savings and income."