Friday, May 4, 2012

Interior to release ‘fracking’ rules by Friday

The proposal would regulate the oil-and-gas development method known as fracking, in which water, chemicals and sand are injected at high pressure into rock formations to open up seams that enable trapped oil and natural gas to flow.
The rules are expected to include the required disclosure of chemicals used in the hydraulic fracturing process, along with regulations on well integrity and wastewater management.
Fracking and advances in horizontal drilling technology are enabling a natural gas and oil production boom in many states, but have raised concerns about air pollution and water contamination as well. The rules are likely to set off a debate among energy companies and environmental groups.

Industry groups and a number of individual companies that argue state-based rules are sufficient and that federal regulations could create burdens have recently lobbied White House officials about the Interior regulations.

Bloomberg, which obtained a recent draft of the rules, reported that they have been modified to allow companies to wait until after the fracking process has been completed to disclose the chemicals used.

Read more: http://thehill.com/blogs/e2-wire/e2-wire/225035-industry-official-interior-fracking-rules-are-imminent

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