Nowhere in the United States is there more to learn from EPA’s recent water/fracking study than in the state of New York. Six months ago Gov. Andrew Cuomo banned hydraulic fracturing as too hazardous. Though the Cuomo administration conducted no original research of its own, the governor said no to fracking, no to jobs and… Keep reading →
Cuadrilla is looking for approval to frack the first horizontal well into shale rock in Britain – in Lancashire, to be precise – and it’s holding up Pennsylvania as an example of how it can be done without damaging a bucolic countryside. “Pennsylvania has the Marcellus Shale, which is one of the largest shale plays in the… Keep reading →
OK, so EPA says safe hydraulic fracturing isn’t a threat to the nation’s drinking water. That’s great news for America’s energy revolution, which is being driven by advanced fracking and horizontal drilling. Without them there’s no revolution and certainly fewer jobs and less economic opportunity. Thanks, EPA, for following the science and recognizing – as… Keep reading →
On May 20, 2015, the European Parliament voted to reject a plan that would eliminate the requirement for import licenses of ethanol of agricultural origin.
The EPA has revealed it finds no evidence that hydraulic fracturing has led to widespread pollution of drinking water. “The oil industry and its backers welcome the long-awaited study while environmental groups criticize it. “We found the hydraulic fracturing activities in the United States are carried out in a way that has not led to… Keep reading →
It holds the potential to cause problems, but so far hasn’t – that seems to be the thrust of a long-awaited government study on fracking and its impact on drinking water that was released on Thursday. Going back several years, this has been one of the hot-button issues involving hydraulic fracturing, a key technique that has helped unlock extensive… Keep reading →
On May 6, 2015, the Internal Revenue Service (IRS) published proposed regulations [REG-132634-14], which if finalized would clarify that income from certain oil and natural gas fracturing (“fracking”) services is “qualifying income” for purposes of determining whether a master limited partnership (MLP) qualifies for favorable “passthrough” federal tax status.
As if being in the middle of Tornado Alley wasn’t enough, Oklahoma is now at the heart of Earthquake Country. “The earthquake rate in Oklahoma has increased so significantly that it raises the risk of a larger damaging earthquake….Oklahomans should be concerned about this increased risk.” — William Leith, senior science advisor for earthquake hazards… Keep reading →
