Monday, September 28, 2009

Geology.com | Today's News - September 28, 2009

Highest Mountain On Each Continent
September 28, 2009 | Geology.com

A Google map with a pushpin marking the location of the highest point on each continent. Do you know the name of the mountain that has the highest elevation in Europe? Zoom in for a satellite view.

Homeowners Don’t Like Living Near Windmills
September 27, 2009 | Freep

Many people in Michigan do not like the wind turbines that have been installed there to produce electricity. Others enjoy the clean energy and the monthly checks from renting their land.

Drilling in the Chukchi and Beaufort Seas
September 27, 2009 | LA Times

Environmental groups are urging Washington to impose a moratorium on oil and gas drilling in the Chukchi and Beaufort Seas. They are concerned about the impact of drilling on wildlife and the Arctic Ocean environment.

Casino Bets on Geothermal and Wins
September 27, 2009 | Mercury News

The Peppermill Casino in Reno, Nevada decided to bet $8 million on a geothermal well. They hit 170 degree water that will supply enough energy for space heating and hot water for their 2.1 million square foot resort.

Marcellus Shale Lease Yields $5750/Acre
September 27, 2009 | PennLive.com

An article on the PennLive.com website reports that a landowners group negotiated a deal with Chesapeake Energy that will pay them $5750 per acre plus royalties for a 37,000 acre package. This is the highest per acre Marcellus Shale payment that we have seen.