Watching Government - Fracturing agreement

Three oil service companies last month signed a voluntary agreement with the US Environmental Protection Agency to stop adding diesel fuel to hydraulic fracturing fluids used in coalbed methane production. BJ Services Co., Halliburton Energy Services Inc., and Schlumberger Technology Corp.—which perform about 95% of the hydraulic fracturing in the US—signed the memorandum of understanding Dec. 15. The companies said they do not necessarily agree that hydraulic fracturing fluids containing diesel endanger underground drinking water. Nevertheless, they signed the agreement because they recognize there continues to be public concern over the practice. The agreement is not expecte...

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