Political fracturing

Oil and gas producers in the US can profit by brushing up on the regulatory background of hydraulic fracturing. So can consumers of natural gas. So, for that matter, can anyone eager to lower emissions of carbon dioxide in response to climate change.Producers may think regulatory questions ceased when the Energy Policy Act of 2005 became law. The comprehensive energy bill contains an exemption for hydraulic fracturing from federal regulation under the Safe Drinking Water Act.But the exemption may be in jeopardy. It has received persistent scorn from Rep. Henry Waxman (D-Calif.), who launched a portentous leadership challenge the day after this month’s general election.Challenging Di...

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