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07/13/2009
General Interest — Quick Takes Impacts estimated for hydraulic fracturingUS economic strength would be reduced by several billion dollars in the next 5 years if hydraulic fracturing was federally regulated, the second part of an American Petroleum Institute-commissioned study found.Adopting proposals to essentially duplicate existing state regulations of a process that is helping to open up significant domestic shale gas resources would lead to job losses and a wider trade deficit, API said on July 1 as it released the second part of the study by IHS Global Insight.The latest report looked at three scenarios: a hydraulic fracturing ban, restrictions on fluids that could be used...
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