New York's Proposed Fracking Ban Extension Not Popular With Everyone

From the Epoch Times:
Patience is wearing thin for farmers and oil and gas companies who are ready to cash in on the natural gas boom in upstate New York.
It has been almost five years since a moratorium on hydraulic fracturing, or fracking, was imposed by then-Gov. David Paterson on New York state—locking in an estimated 489 trillion cubic feet of untapped natural gas in the Marcellus Shale.
Now, landowners and the gas industry may have to wait an additional two years.
Read the whole article here.

Connect with us on Facebook and Twitter!

Popular posts from this blog

The Second Largest Oil and Gas Merger - Cabot and Cimarex

Is a Strong Oil Demand Expected This Year?

Pennsylvania Operator To Acquire Three Natural Gas Producers